Laos debt

The country's public debt is unsustainable, while inflation sits at 25 percent and the kip continues its freefall.

The power utility's recent curious dealings with a prominent local conglomerate suggest that something is afoot.

Relieved of the need to keep its currency afloat, the central bank could focus on addressing the country’s worsening foreign debt crisis.

Given their connection to structural features of communist rule, there will be no quick respite from the economic woes.

The ruling Lao People's Revolutionary Party has grossly mishandled the economy, but there is no political alternative – at least for now.

Laos is disturbingly reliant on investment from China – and no one knows how much, and under what terms. 

Rising tourism arrivals could offer some economic relief, though the government faces a number of complex structural challenges.

While inflation is projected to fall in 2023, there is no quick fix to the country's economic troubles.

Up to $30 billion in financing is potentially on the table – most of it from China.

A month after his appointment, Sonexay Siphandone has given some indication of how he plans to tackle the country's severe economic challenges.

While China is critically important, the current debt crisis in Laos is about much more than Beijing.

The decision by the Fitch ratings agency testifies to the depth and unpredictability of the country's current economic crisis.

The country's travails could deepen China's influence and destabilize the longstanding alliance between Hanoi and Vientiane.

Ordinary people are struggling to keep pace with precipitous increases in the price of petrol, cooking oil, and other basic necessities.

Debt, wealth inequality, and corruption will keep the country poor.

Since he took the reins last year, the country's economy has entered a downward economic spiral with no clear end in sight.

A candid report in a sedate state-run newspaper hints at the seriousness of the country’s economic problems.

Mounting foreign liabilities and thin foreign exchange reserves have left the nation of 7 million acutely vulnerable to global financial shocks.

A plummeting currency, dwindling foreign reserves, and a spike in global oil prices have led to shortages across the country.

The limited opening ends an 18-month shutdown that has had serious impacts on the country's economy.

The $5.9 billion railway, an impressive feat of Chinese engineering, is set to tie Laos ever closer to its northern neighbor.

Ballooning external debt and growing fiscal deficits augur political storm clouds for the ruling LPRP.

Laos has several options for dealing with its debt crisis, and none of them are palatable.

The issue poses significant challenges for the Southeast Asian state’s future trajectory.