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.
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.
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.
Laos to ban public from holding foreign currencies
The Central Bank of Laos plans to ban residents from holding foreign currencies to address problems such as inflation, and the depreciation of the Kip.The Laotian Times yesterday reported that the …
Laos to ban public from holding foreign currencies
The Central Bank of Laos plans to ban residents from holding foreign currencies to address problems such as inflation, and the depreciation of the Kip.The Laotian Times yesterday reported that the …