News
New ADB-Lao PDR strategy to support inclusive, sustainable growth
The Asian Development Bank’s (ADB) Board of Directors has endorsed a new 4-year country partnership strategy (CPS), which is expected to deliver $421 million in assistance through 2020 to the Lao People’s Democratic Republic (Lao PDR).The new CPS will help the country achieve more inclusive ...
The Financial News Staff
Solid growth expected for Laos this year and 2018: ADB
Laos’ economic growth is picking up in 2017 and 2018, supported by the expansion of production and sale of electricity, buoyant services sector growth, and construction of the cross-border railway, according to a new report from the Asian Development Bank (ADB). Gross Domestic Product (GDP) ...