ADB positive about growth of Lao economy despite Covid-19 crisis

VIENTIANE (Vientiane Times/ANN): The Asian Development Bank (ADB) is optimistic about the growth of the Lao economy amid the Covid-19 crisis and lockdown measures imposed to contain the spread of the Coronavirus.

According to the ADB’s Asian Development Outlook (ADO) 2021, which was unveiled on Wednesday (April 28), the Lao economy is projected to grow at 4.0 percent in 2021 and 4.5 per cent in 2022.