Lao economy projected to grow at 4 per cent despite global and inflation challenges, says IMF


VIENTIANE (Vientiane Times/ANN): The International Monetary Fund (IMF) has maintained the economic growth forecast for Laos at 4 percent 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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , Economy , To Rise , IMF , report

Next In Aseanplus News

Disaster death toll in Sri Lanka climbs to 618, 209 still missing
Baby’s head found in refrigerator at adult entertainment establishment in Tokyo’s Kinshicho
Free speech or public harassment? Korea begins the hard fight over hate banners
Chinese jets directed fire-control radar at Japanese aircraft, Japan says
Hong Kong election turnout in focus amid anger over deadly fire
Number of flood victims in Perak, Selangor drop, Pahang unchanged
At least 23 people dead after fire in India's Goa state, chief minister says
Sabah election sends warning signal to Unity Government, says MCA president
Hotspots in Selayang Baru raided, 843 illegal immigrants nabbed
Bangkok on alert as high tides threaten 11 riverside communities this week

Others Also Read