ADB forecasts 3.75% growth for Laos amid household price pressures


ADB says a strong rebound in tourism is boosting the service sector, a key driver of 2025 growth. - VT

VIENTIANE: The Asian Development Bank says Laos’ economy will grow by 3.7 per cent in 2025, led by services and tourism, despite ongoing economic pressures and high living costs.

The bank’s Asian Development Outlook report, released on Tuesday, shows the services sector driving growth, with tourism rebounding strongly.

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