Agriculture And Stimulus Boost Growth Forecasts

November 2009
Asia Monitor: South East Asia Monitor Volume 1;Nov2009, Vol. 20 Issue 11, p7
Country Report
The article forecasts the economic condition of Laos for 2009-2010. The country's economy is expected to see a higher growth for two years, as the effects of capital investment and lower exports are partly offset by the country's strong agricultural performance and a sizeable fiscal stimulus. The gross domestic product (GDP) growth will reach from 4.0% to 4.8% in 2009. However, it indicates upside risks to the country's projected growth of consumer price inflation at average 4.8% in 2010.


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