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Home News Item LASES revises down Lao economic growth projection for 2022
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LASES revises down Lao economic growth projection for 2022

september 16, 2022by Reacties uitgeschakeld voor LASES revises down Lao economic growth projection for 2022

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VIENTIANE, Sept. 16 (Xinhua) — The Lao Academy of Social and Economic Science (LASES) has lowered its forecast of the Southeast Asian country’s economic growth to 3 percent for 2022, from 4 percent projected earlier.

The downgraded projection of the country’s economic growth is due to slower expansion in sectors relating to consumption, export, and private and state investment, according to the academy’s report

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