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).

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