The Lao economy is projected to grow at 8 percent in 2013. The hydropower sector (both completed projects in operation and projects in the construction or development phase), construction, food processing, and services sectors remain the major contributors to this growth. Overall inflation has...

Lao PDR economic growth continues to be strong in 2010, against the backdrop of a fragile global recovery yet dynamic regional demand. Growth is projected at 8.5 percent in 2010, from 7.5 percent in 2009. The resources sector is projected to contribute about 4 percentage points of economic...

Lao PDR's real Gross Domestic Product (GDP) growth will remain robust in 2011 with projected growth of 8.6 percent compared to 8.4 percent in 2010. Natural resources and manufacturing sectors are expected to drive growth this year. The expected growth in the garment exports (by about 15-20...

The Lao PDR economy continues to grow vigorously at 8 percent this year despite the impact of typhoons and slower growth in the global economy. That being said, the country's growth estimate was revised slightly downwards to 8 percent from an early estimate of 8.6 percent to account for (i) the...

The Palestinian Authority (PA) continues to experience a severe fiscal crisis, which threatens to become protracted given recent and projected declines in donor assistance. The PA is making a concerted effort to strengthen its fiscal position, including taking steps to raise domestic revenues...

With development soaring in construction, manufacturing, mining and services, Lao PDR's economic outlook in 2012 is positive. As the driving force behind the domestic economy, these sectors are anticipated to drive a projected growth of 8.3 percent by year-end. To begin, higher wholesale and...

Global growth slowed markedly in H1 2022. This was due to COVID-19 resurgences at the turn of the year; protracted supply disruptions; reduced macroeconomic support; and substantial negative spillovers from the war in Ukraine. The conflict, which has sparked the largest commodity price shock in...