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J&C Group – Your Trusted Partners In Laos

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fiscal deficit Laos

Laos Faces Spiralling Budget Deficit
Business Finance - Banking - Money Government Investments Lao Economy Latest News 

Laos Faces Spiralling Budget Deficit

31/07/202131/07/2021 J&C Admin 151 Viewsfiscal budget Laos, fiscal deficit Laos, Gross Domestic Product (GDP) Laos, Minister of Finance Bounchom Oubonpaseuth

The escalating deficit will ramp up the government’s public debt burden, posing challenges for Laos in sourcing more funding to address the shortfall.

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Lao Govt Explains Main Reasons For Rising Debt Burden
Business Government Investments Lao Economy Latest News 

Lao Govt Explains Main Reasons For Rising Debt Burden

19/11/202019/11/2020 J&C Admin 170 Viewsdebt burden Laos, Deputy Prime Minister and Minister of Finance Mr Somdy Duangdy, economic growth Laos, fiscal deficit Laos

The government has cited five reasons for its spiralling public debt over the past five years, which is continuing even though measures have been introduced to address it.

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Projected Revenue Shortfall Adds To Nation’s Debt Burden
Business Government Lao Economy Latest News Tax 

Projected Revenue Shortfall Adds To Nation’s Debt Burden

09/10/202009/10/2020 J&C Admin 122 Viewsdebt burden Laos, fiscal deficit Laos, Gross Domestic Product (GDP) Laos, Lao Economy, Laos revenue shortfall

Laos is undergoing an unprecedented level of macroeconomic stress and the pandemic has worsened an already fragile economic landscape.

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Fiscal Deficit Ramps Up Pressures On Lao Government
Business Finance - Banking - Money Government Investments Lao Economy Latest News Tax 

Fiscal Deficit Ramps Up Pressures On Lao Government

21/08/202021/08/2020 J&C Admin 162 ViewsDr Leeber Leebouapao, fiscal deficit Laos, Gross Domestic Product (GDP) Laos, World Bank Laos

An elevated fiscal deficit will result in growing public debt, which will ramp up pressure on the country’s debt servicing capacity amid the Covid-19 crisis.

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J&C Group is active in Insurance, Marketing, Investment, Real Estate and Joint-Ventures, offering employment to over 100 local & international staff members.

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