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Laos Hopes to Pay Off USD 14 Billion Debt by 2025

Minister of Finance, Bounchom Ubonpaseuth spoke at the National Assembly’s ninth legislature recently, saying that the country plans to pay debts (foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million) over the next five years, from 2021-2025, and ...

Latsamy Phonevilay

Laos stresses the need to borrow as West raises debt alarm

Prime minister admits missing target for graduating world’s poorest countriesTOKYO — As the only landlocked country in Southeast Asia and one of the least developed ones in the region, Laos seems to have different priorities on growth that are driving it pile on even more ...

Kenji Kawase

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