Laos: Covid-19 puts squeeze on poverty reduction efforts

VIENTIANE, Aug 31 (The Vientiane Times/ANN): The Covid-19 pandemic will without doubt reverse some of the progress made in poverty reduction due to job losses and the rising cost of living in Laos.

Renowned economist Dr Leeber Leebouapao told Vientiane Times last week the closure of factories and slower growth of the service sector had had a severe negative impact on people’s livelihoods.