Laos debt

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.