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Laos debt

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.

How Much Should We Worry About Laos’ Debt?
December 21, 2020

How Much Should We Worry About Laos’ Debt?

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

How Worried Should Laos Be About Its Debt Problems?
July 13, 2018

How Worried Should Laos Be About Its Debt Problems?

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

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