The situation in Laos does not look as catastrophic. But many of the same conditions that plunged Sri Lanka into turmoil are present. The economy was already suffering from the absence of tourists, …
Debts mounting but Laos won’t default: finance minister
The annual amount of debt-service payment has risen from US$1.2 billion in 2018 to US$1.4 billion this year, a top government official has revealed.
Laos finance minister guarantees at least three-month fuel supply for its people
Lao Minister of Finance, Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months, reports Laotian Times.
Laos finance minister guarantees at least three-month fuel supply for its people
Lao Minister of Finance, Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months, reports Laotian Times.
Debts mounting but Laos won’t default: finance minister
The annual amount of debt-service payment has risen from US$1.2 billion in 2018 to US$1.4 billion this year, a top government official has revealed.
Laos finance minister guarantees at least three-month fuel supply for its people
Lao Minister of Finance, Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months, reports Laotian Times.
Laos the latest economy to hit the skids
Days-long queues for petrol, food and medicine shortages, a debt-laden government running out of foreign currency and citizens desperate to leave the country no this is not Sri Lanka but Laos, the …
Laos the latest economy to hit the skids
Days-long queues for petrol, food and medicine shortages, a debt-laden government running out of foreign currency and citizens desperate to leave the country no this is not Sri Lanka but Laos, the …
Laos the latest economy to hit the skids
Days-long queues for petrol, food and medicine shortages, a debt-laden government running out of foreign currency and citizens desperate to leave the country no this is not Sri Lanka but Laos, the …
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
Since he took the reins last year, the country’s economy has entered a downward economic spiral with no clear end in sight.