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Reform essential to restore economic stability in Laos

Laos faces increased challenges from currency depreciation and high inflation despite signs of economic recovery in early 2022, according to the World Bank’s latest economic update for the country. The “Lao Economic Monitor for October 2022: Tackling Macroeconomic Vulnerabilities”, released on Monday, identifies ambitious reforms that can help the country restore economic stability and sustain […]

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Laos Public and Private Debt to Cross 100 Percent of GDP by 2022-End

Despite signs of economic recovery in early 2022, Laos faces increased challenges from currency depreciation and high inflation, according to the World Bank’s latest economic update for the country. The Lao Economic Monitor for October 2022: Tackling Macroeconomic Vulnerabilities, released on Monday, identifies ambitious reforms that could help the country restore economic stability and sustain growth. The report […]

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