Vientiane, Dec. 23 -- The World Bank (WB) has forecast that Laos is on track to graduate from the group of least developed countries (LDCs) in 2026, citing encouraging signs of macroeconomic recovery while urging the government to sustain reforms and reduce reliance on international aid. According to the WB's latest report on the Lao economy, GDP growth in 2025 is projected at 4.2%, driven by a rebound in tourism, transport services, and continued expansion of the resource sector. Inflation has eased sharply, falling from 24.5% in 2024 to 8.5% in the first 10 months of 2025, helping restore investor confidence and ease pressure on living costs. The report also notes that Laos' foreign exchange reserves rose to 2.8 billion USD in September, ...
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