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Economy / Laos

Macroeconomic Forecast Laos

September 2006 | Macroeconomic Forecasts

The Asian Development Bank (ADB) has retained its 2006 growth forecast at 7.3%. The ADB is forecasting 13.7% growth in goods exports, down sharply from an estimated 31.8% rise in 2005. Coupled with a projected 8.4% jump in import growth, the current account deficit is forecast to hit 12% of

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