However, the International Monetary Fund (IMF) had predicted in April 2013 that Cambodia's GDP growth would be at 6.7 percent, while the Asian Development Bank (ADB) and the World Bank (WB) put the country's growth at 7.2 percent and 7 percent, respectively. Despites steady economic growth, the UN Economic and Social Commission for Asia and the Pacific (ESCAP) said in its annual report that Cambodia remains one of the least-developed countries in the Asia-Pacific region and face challenge of diversifying its economy and moving up the production value chain.