VIENTIANE: Laos' economic growth is projected to decline in 2020 due to the impact of the Covid-19 (coronavirus) pandemic and measures to contain its spread, to one per cent in the baseline scenario and negative 1.8 per cent in a lower-case scenario.
The economic downturn has particularly affected the service sector, according to the latest edition of the World Bank’s Economic Monitor for Laos: Laos in the Time of Covid-19.
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