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Economy / Laos

Bold Economic Targets Are Unveiled

September 2005 | Economic Analysis

The government has released details of its draft five-year plan for the 2006-2010 period. According to the plan, the government has set an annual GDP growth target of 7-7.5% over the next five years, while aiming to raise annual per capita income to US$700-750. These figures compare with an average of 6.2% annual GDP growth in 2001-05 and estimated annual per capita income of US$450mn.

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