Laos aiming to raise business lending to 55% of GDP

VIENTIANE (Vientiane Times/ANN) – The government will accelerate lending through the banking sector to boost local businesses so they become more competitive and create export opportunities.

Authorities are planning to increase business lending to around 55 percent of GDP by the end of the year, up from the current figure of 46.32 percent (76,030.60 billion kip).

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Bounfaeng Phaymanivong
http://annx.asianews.network/content/laos-aiming-raise-business-lending-55-gdp-98048