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Laos debt

What’s Driving Laos’ Debt Crisis?
November 01, 2022

What’s Driving Laos’ Debt Crisis?

By Kearrin Sims and Emma Luce Scali
While China is critically important, the current debt crisis in Laos is about much more than Beijing.

Ratings Agency Announces Pending Withdrawal of Rating for Laos
August 31, 2022

Ratings Agency Announces Pending Withdrawal of Rating for Laos

By Sebastian Strangio
The decision by the Fitch ratings agency testifies to the depth and unpredictability of the country's current economic crisis.
Why Vietnam Should be Worried About Laos’ Economic Crisis
July 22, 2022

Why Vietnam Should be Worried About Laos’ Economic Crisis

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

Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens
July 06, 2022

Inflation in Laos Reaches 22-Year High as Economic Crisis Worsens

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

Laos Is On the Brink of Sovereign Bankruptcy
June 28, 2022

Laos Is On the Brink of Sovereign Bankruptcy

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

In Laos, Prime Minister Phankham Viphavanh Is In Trouble
June 23, 2022

In Laos, Prime Minister Phankham Viphavanh Is In Trouble

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

Fuel Shortages Threatens Rural Crisis in Laos
June 03, 2022

Fuel Shortages Threatens Rural Crisis in Laos

By Sebastian Strangio
A candid report in a sedate state-run newspaper hints at the seriousness of the country’s economic problems.
What’s Causing the Currency Crisis in Laos?
May 31, 2022

What’s Causing the Currency Crisis in Laos?

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

Lao Economy Grinding to a Halt as Fuel Crisis Deepens
May 11, 2022

Lao Economy Grinding to a Halt as Fuel Crisis Deepens

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

Laos Prepares to Welcome Foreign Tourists From January 1
December 20, 2021

Laos Prepares to Welcome Foreign Tourists From January 1

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

Laos-China Railway Inaugurated Amid Mounting Debt Concerns
December 03, 2021

Laos-China Railway Inaugurated Amid Mounting Debt Concerns

By Sebastian Strangio
The $5.9 billion railway, an impressive feat of Chinese engineering, is set to tie Laos ever closer to its northern neighbor.
Laos’ Austerity Fantasies Reveal the Communist Party’s Weaknesses
March 26, 2021

Laos’ Austerity Fantasies Reveal the Communist Party’s Weaknesses

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

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