DbmMXUmVQAEAOKg
VIENTIANE, Sept 24 (Xinhua): The Asian Development Bank (ADB) has lowered its 2022 economic growth outlook for Laos to 2.5 per cent from 3.4 per cent projected in April and to 3.5 per cent from 3.7 per cent for 2023.
The slower growth projection is linked to supply disruptions and rising commodity prices which have increased inflationary pressures, according to an updated report released on Wednesday from the ADB website.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
