Lao Economic growth rebounding but further reform needed: World Bank

13 August 2019
Vientiane Times/ANN
Economy and commerce
Lao Economic growth rebounding but further reform needed: World Bank

VIENTIANE (Vientiane Times/ANN) – The World Bank is optimistic about economic growth in Laos, which is projected to rebound to 6.5 per cent in 2019, rising from 6.3 per cent recorded last year.

Despite continued fiscal tightening, the pickup is expected to be driven by robust investment in mega infrastructure projects including the Laos-China railway, according to the latest edition of the World Bank’s Lao Economic Monitor released yesterday.

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 Somsack Pongkhao
http://annx.asianews.network/content/economic-growth-rebounding-further-reform-needed-world-bank-101902

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Lao Economic growth rebounding but further reform needed: World Bank

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