Slower growth projected for Lao economy: World Bank
Economic growth in Laos is expected to be slower than forecast in April due to both external and internal factors, according to a report issued by the World Bank on Monday. According to the World Bank, economic performance across developing East Asia and the Pacific, including Laos, could be compromised by slowing global demand, rising debt, and a reliance on short-term economic fixes to cushion against food and fuel price increases.
Somsack Pongkhao
