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Moody's affirms Cambodia issuer rating

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Singapore — Moody's Investors Service has affirmed Cambodia's government issuer rating at B2 with a stable outlook. 

The rating is based on the view that Cambodia's underlying credit strengths are expected to withstand the impact of recent political tensions and labour unrest in the garment industry.

The ratings agency based its decision on Cambodia's healthy economic outlook, limited vulnerability to fiscal and external funding stress and fiscal consolidation from fiscal stimulus originally in response to the global financial crisis.

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