Lao economy expects to grow at 4% next year despite global challenges

One of the main challenges for Laos in the coming months will be to curb inflation. - VT

VIENTIANE (Vientiane Times/Asia News Network): The International Monetary Fund (IMF) has maintained the economic growth forecast for Laos at 4 per cent next year, but inflation remains key challenge.

The projected growth is driven by exports and tourism, with the Laos-China railway boosting the regional economy and improving accessibility so that more foreign visitors can come to Laos.