VIENTIANE, Sept 29: Economic recovery in Laos slowed amid a second wave of the Covid-19 pandemic that has led to lockdowns and lower consumer spending, according to a report released by the Asian Development Bank (ADB), reports Laotian Times.
The country’s economy is expected to grow by 2.3% in 2021, compared with the 4.0% expansion forecast in April, according to the Asian Development Outlook (ADO) 2021 Update.
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