Laos’ Economy To Grow At Only 2.1 Percent This Year: IMF
The International Monetary Fund (IMF) is projecting that Laos will see economic growth of just 2.1 percent this year, down from the 4.7 percent growth rate predicted in April.
Read moreThe International Monetary Fund (IMF) is projecting that Laos will see economic growth of just 2.1 percent this year, down from the 4.7 percent growth rate predicted in April.
Read moreThe lower growth rate is attributed to several factors linked to the global economic slump, triggered by the Covid-19 pandemic.
Read moreIs Laos on the edge of an economic boom, or a bust?
Read moreThe International Monetary Fund (IMF) is predicting a favourable outlook for Laos’ economic growth in the upcoming years despite the present difficulties.
Read moreThe predicted economic slowdown in China, one of the top three foreign investors in Laos and an important trading partner, could affect the Lao economy, the government’s economic analysts have warned.
Read moreBeijing-backed US$6.7 billion high-speed railway project threatens to bust the small nation’s already fragile finances
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