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1 – 6 of 6Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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The theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…
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DOI: 10.1108/OXAN-DB284173
ISSN: 2633-304X
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According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…
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DOI: 10.1108/OXAN-DB280381
ISSN: 2633-304X
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The economy is in ‘technical recessionʼ, having contracted in two consecutive quarters. This is mainly due to falling household consumption, stemming from rapid inflation and the…
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DOI: 10.1108/OXAN-DB276247
ISSN: 2633-304X
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The economy has faced major challenges recently: recurring disruptions to the oil and gas sector, state fragmentation and war between the government in Tripoli and the armed…
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DOI: 10.1108/OXAN-DB260586
ISSN: 2633-304X
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Islamabad wants to ease some of the loan’s conditions. Separately, the United States, the IMF’s largest shareholder, recently said it would reassess its relations with Pakistan…