News

Sound Public Financial Management Key to Economic Recovery in Lao PDR

The economy of the Lao PDR is forecast to grow 3.4% this year and 3.7% next year thanks to the country’s investments to boost exports, according to the Asian Development Outlook (ADO) 2022 released by the Asian Development Bank (ADB) on Apr 6.Rising oil prices ...

KPL

ADB outlook expects moderate Lao economic growth

VIENTIANE (Vientiane Times/ANN) – Lao economic growth will remain moderate in 2019 and 2020, as expansion in the industry and services sectors softened in the first half of 2019 due to fewer international visitor arrivals, according to a new Asian Development Bank (ADB) forecast.Additionally, the ...

Times Reporters
http://annx.asianews.network/content/adb-outlook-expects-moderate-lao-economic-growth-104980

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