Laos News » Bolikhamsai News Laos » Bolikhamsai » Economy: Why Dollarization Is the Solution to Laos’ Economic Woes
News channel or source: https://thediplomat.com/2024/05/why-dollarization-is-the-solution-to-laos-economic-woes/
Published on: Thursday 30 May 2024
Laos posted an annual average growth in its gross domestic product (GDP) of more than 7 percent between 1985 and 2019. That was nothing short of an “economic miracle.” That said, since 2019 the ...
News Laos » Bolikhamsai » Economy: World Bank Downgrades Economic Outlook for Cambodia, Laos
News channel or source: https://thediplomat.com/2025/06/world-bank-downgrades-economic-outlook-for-cambodia-laos/
Published on: Sunday 15 June 2025
The World Bank has downgraded its economic projections for Indochina, with Cambodia and Laos expected to struggle, as non-performing loans continue to mount amid falling demand and trade uncertainty ...