TITLE

Reduced Investment Weighing On Growth

PUB. DATE
June 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2009, Vol. 20 Issue 6, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on 2009-2010 gross domestic product (GDP) growth forecast for Laos given by the Business Monitor International Inc. (BMI). According to the BMI, the GDP growth in Laos was an estimated 7.2% in 2008 due to the expansion of hydropower and mining production. However, the BMI sees 2009 to be a tougher year and is projecting GDP growth to slow to 4.0%. The BMI cites lower prices for commodities and energy will impair investment.
ACCESSION #
40825532

 

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