Laos: Structural weaknesses limit growth potential

12/1/2014 - Report
ic_blogtagLaosCountry RiskCurrent AccountGross Domestic Product (GDP)GrowthPublic debt
A buyoant growth path, driver by large investments and private consumption. Poor business environment remains a drag.

Public finances have deteriorated rapidly but fiscal consolidation is on the way.

Large import growth led to a sharp deterioration of Laos' external position. The country is highly vulnerable to external shocks.

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Laos: Structural weaknesses limit growth potential - Report