Drop ICT tariffs to grow: study
Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday.
According to a study by the Washington-based think tank Information Technology and Innovation Foundation (ITIF), Cambodia could grow its GDP by nearly 1 percent over the next decade, adding $320 million to the economy, if it adopted the Information Technology Agreement (ITA).