Laos' economy to grow by 3.8 per cent in 2022, says World Bank report

VIENTIANE, May 13 (Xinhua): Laos' economy is forecast to grow by 3.8 percent in 2022, a recent World Bank report said.

While sectors of the Lao economy are beginning to recover from the slowdown caused by Covid-19, the country faces stiff challenges associated with long-standing macroeconomic imbalances, according to the World Bank's latest economic update for Laos.