Lao researchers project economy to grow 4.5 per cent in 2023

VIENTIANE, May 22 (Xinhua): Lao researchers are optimistic about the growth of the Lao economy, which is projected to expand 4.5 percent in 2023 amid global economic challenges.

The economic growth will be driven by the services sector in association with the growth of tourism and processing industries and agricultural production for export, according to the latest report from the Lao Academy of Social and Economic Science (LASES).