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Lao economy to grow at 2.2 pct in 2022: IMF

VIENTIANE, Oct. 17 (Xinhua) — The International Monetary Fund (IMF) is predicting that Laos will see economic growth of 2.2 percent in 2022 before rising 3.1 percent in 2023.

The IMF’s October projection remained unchanged at 2.2 percent, but the figure was downgraded from a 3.2-percent forecast in April, according to an updated report released on the IMF website on Saturday.

The IMF’s downgraded growth