Oil revenue no short-term fix to economic growth: PM

Prime Minister Hun Sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors.
His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water Treatment Plant and the ground-breaking of the Bakheng Water Treatment Plant yesterday.
“Recently, there has been analyses on whether the oil yield can support the Cambodian economy. I would like to emphasise that the revenue from oil resources is still small and cannot support the Cambodian economy yet,” the Prime Minister said.