Laos’ economic growth robust, but at risk due to high public debt: 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 the latest edition of the World Bank’s Lao Economic Monitor. This year, Laos’ economic growth is forecast at 6.7 percent, while public debt was estimated to be 61 percent of GDP at the end of 2017.


Vientiane Times