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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Cambodia's Future Leaders Celebrated as Prime Minister Hun Manet Speaks at Asia-Europe University Graduation | The National Bank of Cambodia and Central Bank of Madagascar seal a partnership to enhance bilateral economic cooperation. | Minister of Health Delivers Lecture on Leadership and Innovation on "Methods of Critical Thinking – Part 2" | BREAKING: Takeo Provincial Court President Dismissed for Premature Release of Murder Convict | BREAKING: Samdech Hun Sen Announces Absence from Senate Plenary Session After Positive COVID-19 Test |

PM Says Government Market Pricing is Outdated Communism

  • Posted Mar 30, 2023 10:10 by Hun Sirivadh
  • 1901
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PHNOM PENH: Prime Minister Hun Sen said that in a free market economy like Cambodia’s, the state does not intervene in setting market prices, noting that such a practice is nothing more than outdated Communism.

Speaking at the graduation ceremony for the National Institute of Business on the morning of 30 March 2023, the Prime Minister responded to criticism that the government does not set market prices saying that only communist countries allow the government such control.

"Some people accuse the CPP of being a communist party, while they themselves call for a communist economy," he said.

The Prime Minister added that even China and Vietnam, which are communist countries, employ free market policies, reiterating that government control of the market is a remnant of the communist past.


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