Growth Forecasts Revised Up

January 2010
Asia Monitor: South East Asia Monitor Volume 1;Jan2010, Vol. 21 Issue 1, p7
Country Report
The article focuses on Business Monitor International Ltd.'s (BMI) forecast of the economic outlook for Laos in 2009-2010. BMI has projected that Laos achieve, slight economic growth in 2009. It also revises its real gross domestic product (GDP) growth projection for 2009 to 4.8% from 4.0% and 2010 prediction to 5.7% from 5.3%. Moreover, it warns that Laos authorities' economic stimulus program promotes risks to growth and inflation of the country.


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