laos financial crisis - Axtarish в Google
Laos faced an economic crisis in 2022 . Caused by the COVID-19 pandemic and external debt primarily from China, it escalated into massive inflation and a debt crisis, bringing the country to the brink of default. As of late 2023, the country is still facing significant economic problems.
14 июл. 2024 г. · Deferrals have resulted in Laos delaying $670 million in debt payments in 2023, adding to the country's $1.2 billion in debt deferrals since ...
8 мая 2024 г. · Then came COVID-19 and the financial crisis, which brought stagnant wages and crippling inflation and resulted in thousands of civil servants ...
24 янв. 2024 г. · Total public and publicly guaranteed debt, including government arrears and swap lines, reached approximately US$15.9 billion in 2023, ...
17 июл. 2024 г. · Laos' total government-guaranteed domestic and international debt reached $US13.8 billion, or 108 per cent of the country's gross domestic product, last year.
2 июл. 2024 г. · Laos' high debt service obligations have constrained the government's ability to respond “to immediate issues of high inflation, which has ...
4 окт. 2024 г. · The Lao PDR's economic situation remains difficult, marked by persistently high inflation, currency depreciation, and slow growth.
18 сент. 2023 г. · In Summer 2022, Laos' economic crisis hit a breaking point. The national debt rose to more than 10% of the GDP of the country.
8 нояб. 2023 г. · An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation's obligation to its biggest creditor, China.
The fiscal issue is particularly serious in Laos. If the budget deficit continues to expand, it might cause an accelerating inflation rate and the devaluation ...
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