Laos > Economy

Laos plans to lower debt to 64.5% of GDP by 2023

10/14/2021 08:11

The Lao government has vowed to reduce the total public and publicly guaranteed debt stock to 64.5 per cent of gross domestic product (GDP) by the end of 2023.

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Laos > Economy

Laos plans to lower debt to 64.5% of GDP by 2023

10/14/2021 08:11

The Lao government has vowed to reduce the total public and publicly guaranteed debt stock to 64.5 per cent of gross domestic product (GDP) by the end of 2023.

Laos > Economy

Laos to boost bilateral India trade, investment

10/12/2021 07:48

The Lao Ministry of Industry and Commerce hopes to boost bilateral trade and investment with India in the years ahead by taking advantage of untapped potential and abundant resources in different fields.

Laos > Economy

World Bank highlights opportunities, risks for Lao economic recovery

09/10/2021 09:28

The Lao economy is projected to steadily recover in the medium-term, but growth will remain below pre-pandemic levels at 4.5 per cent in 2022, according to a new World Bank report.

Laos > Economy

Laos records lowest trade deficit, $24M in August

09/08/2021 07:50

Laos registered a record low trade deficit of $24 million last month, breaking previous records of the year, with the two-way trade value slightly rising to $880 million.

Laos > Economy

Covid wave dents economic outlook for Laos: World Bank

08/23/2021 08:15

The Lao economy is on course for moderately improved growth in 2021, despite an outbreak of Covid-19 denting the promising economic recovery made earlier in the year, according to the World Bank.

Laos > Economy

Laos determined to pay off $14B worth of debt by 2025

08/17/2021 09:14

Revenue earned from potential mining operations, revamped state enterprises and from other as yet untapped sources will be used to pay debts amounting to almost $14 billion, the Lao government has told the National Assembly (NA).

Laos > Economy

Inflation, weak kip drive Laos economic slowdown

08/04/2021 08:42

The increasing inflation rate and the weak kip are partly to blame for the slow growth of the Lao economy.

Laos > Economy

Laos books $932M trade value, $62M deficit in June

07/27/2021 08:27

Laos saw a record $932 million in the value of imports and exports last month, but recorded a trade deficit of $62 million, as the value of imports at $497 million was higher than the value of exports at $435 million.

Laos > Economy

Laos enjoys trade surplus in controlled goods via VN

07/07/2021 08:17

Laos enjoyed a trade surplus in controlled goods through Vietnam in the first six months of 2021 despite the transport difficulties caused by Covid-19 prevention measures.

Laos > Economy

Inflation continues to rise in Laos amid Covid-19 crisis

04/30/2021 16:36

The year-on-year inflation rate continued to rise in Laos last month amid economic distress triggered by the Covid-19 pandemic.

 

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