Laos’ Inflation To Fall Sharply In 2023: ADB
The Asian Development Bank (ADB) has forecast that the inflation in the Lao People’s Democratic Republic (Lao PDR) will average 23% in 2022 before falling to 10% in 2023
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Asian Development Bank (ADB) Laos
ADB Projects Steady Recovery For Lao Economy In 2023
The Asian Development Bank (ADB) believes the Lao economy will see a gradual recovery next year, supported by new investment and higher renewable energy and mining output.
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Developing Asia’s Economic Outlook Downgraded As China Growth Slows
The Asian Development Bank (ADB) has lowered its economic growth forecast for developing Asia including Laos to 4.6 percent this year, from 5.2 percent projected in April.
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Covid-19 Delays Economic Recovery In Laos: ADB
The unanticipated Covid-19 pandemic has delayed economic recovery in Laos, with consumption hit hard by the virus control measures implemented since April
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ADB Positive About Growth Of Lao Economy Despite Covid-19 Crisis
The Asian Development Bank (ADB) is optimistic about the growth of the Lao economy amid the Covid-19 crisis and lockdown measures imposed to contain the spread of the Coronavirus.
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ADB Outlook Expects Moderate Lao Economic Growth
Lao economic growth will remain moderate in 2019 and 2020, as expansion in the industry and services sectors softened in the first half of 2019 due to fewer international visitor arrivals
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Laos Maintaining Growth Momentum For 2018, 2019: ADB
The nation’s economic growth is likely to be sustained this year and accelerate next year, while inflation will edge up according to the Asian Development Bank (ADB).
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World Bank Forecast: Laos’ Economic Growth Lower Than Expected
The World Bank (WB) has predicted that Lao economic growth will be slightly lower than the Lao government and Asian Development Bank (ADB) forecasts.
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