Lao economy to recover in 2023: ADB World

Lao economy to recover in 2023: ADB

The Lao economy is expected to recover in 2023 thanks to measures to increase new investment and enhance the production of renewable energy and mining activities, according to the Asian Development Bank (ADB).
Kip depreciation affects Lao economy World

Kip depreciation affects Lao economy

The value of the Lao currency, the kip, dropped by 37.4% against the US dollar and 32.9% against the Thai baht in the official market from January to August, according to an updated report of the Asian Development Bank (ADB).
Lao economy expected to grow 4.2 percent next year World

Lao economy expected to grow 4.2 percent next year

The Lao economy is projected to grow by 4.2 percent in 2022, driven by commercial production for exports and opportunities and benefits arising from the China-Laos Railway, reported Vientiane Times on December 17.
Lao economy grows robustly, but with public debt risk: WB World

Lao economy grows robustly, but with public debt risk: WB

Economic growth in Laos has seen robust expansion compared to regional peers but the country is still at risk due to high public debt, with growth in the share of debt on less concessional terms, according to a report of the World Bank (WB).
Lao economy forecast to grow 7 percent annually World

Lao economy forecast to grow 7 percent annually

The Lao economy is projected to grow around 7 percent annually between 2017 and 2019, according to the latest edition of the World Bank's Lao Economic Monitor released in Vientiane on May 24.
Lao economy likely to grow 7.5 pct World

Lao economy likely to grow 7.5 pct

Despite uncertainties about weather conditions and State budget revenue collection, the Lao economy is forecast to expand about 7.5 percent in the fiscal year 2014-2015 (October 1, 2014 - September 30, 2015).