Lao Economic Growth Remains Subdued Says World Bank Report
May 01, 2024
May 01, 2024
WASHINGTON, May 1 (TNSres) -- The World Bank issued the following news release on April 30, 2024:
Economic growth in the Lao PDR is estimated to have been below 2019 levels in 2023 and is forecast to remain below that pace in 2024, weighed down by economic instability, low worker skills, out-migration of labor, and a challenging business environment, the World Bank said in a report released on Tuesday.
Lao GDP is estimated to have grown 3.7% in 2023, with positive contr . . .
Economic growth in the Lao PDR is estimated to have been below 2019 levels in 2023 and is forecast to remain below that pace in 2024, weighed down by economic instability, low worker skills, out-migration of labor, and a challenging business environment, the World Bank said in a report released on Tuesday.
Lao GDP is estimated to have grown 3.7% in 2023, with positive contr . . .