Laos’ economic prospects remain bright: IMF
VIENTIANE (Vientiane Times/ANN) – The International Monetary Fund (IMF) is predicting a favourable outlook for Laos’ economic growth in the upcoming years despite the present difficulties.
The international financial institution unveiled its projection last week as part of the Article 4 Consultation with the Lao PDR mission, which took place in Vientiane in May.
The projection states that ongoing private investment, increasing electricity exports and the completion of the Laos-China railway will help boost economic growth to 7 percent over the medium term.
Ekaphone Phouthonesy
http://annx.asianews.network/content/laos%E2%80%99-economic-prospects-remain-bright-imf-102035
