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Expert briefing
Publication date: 4 June 2024
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Issues 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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Expert briefing
Publication date: 10 July 2023
Expert Briefings Powered by Oxford Analytica

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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Expert briefing
Publication date: 12 September 2022
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Vietnam signed a memorandum of understanding on developing such a line with Japan in 2006, but the National Assembly shelved the scheme in 2010. The new project could cost up to…

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Expert briefing
Publication date: 20 May 2022
Expert Briefings Powered by Oxford Analytica

While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…

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Expert briefing
Publication date: 26 August 2022
Expert Briefings Powered by Oxford Analytica

Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…

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Expert briefing
Publication date: 10 November 2020
Expert Briefings Powered by Oxford Analytica

It is relying on China -- a fellow one party, Marxist-Leninist state -- to help ease its woes. Meanwhile, the ruling Lao People’s Revolutionary Party (LPRP) is preparing for its…

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