China raises the World Bank, indicating that the Lao economy

[jiraporn66]

Even though the economic All slotSLOTgames include balance, display box, pay table, reels, bets per line, number of paylines, maximum bets, and play / spin. situation of Lao PDR is now worrying Due to high inflation, high prices, and lack of energy and fuel. But the Chinese news agency Presenting the World Bank forecast report. that the Lao economy will grow 3.8% this year

On May 14, 2022, Xinhua news agency reported the results of an assessment of the Lao PDR's economic situation by the World Bank or World Bank that it had begun to see a recovery. And it is expected to grow 3.8% in 2022 from the previous 2.5% estimated in 2021 as settlement negotiations are successful. and will not use strict disease control measures again


The World Bank report states that Lao PDR maintains a trade balance While the mining and energy sectors have performed well. Exports of agricultural and manufacturing products were driven by external demand and higher selling prices. In addition, Lao PDR continues to attract foreign investment.

However, year-on-year inflation in the country rose 9.9% in April, up from 8.5 percent in March. And increasing from 2021, which still has a rate of only 2%, mainly due to higher prices of fuels and consumer goods.

long term effects and business closure due to the spread of COVID-19 Still, the pressure on household income.

[whirling]

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