News

Govt aims for annual GDP growth of at least 4 percent

The government has set an annual economic growth target of at least 4 percent from now until 2025, even though there is no indication as to when the Covid-19 outbreak will be contained. The agriculture sector is expected to grow at an average annual rate ...

Somsack Pongkhao

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 ...

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

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