A bird’s eye view of downtown Vientiane. - VT
VIENTIANE (Vientiane Times/Asia News Network): The Asian Development Bank (ADB) is maintaining its economic growth forecast for Laos, while the outlook for consumer prices has worsened, according to the Asian Development Outlook (ADO) 2022 Supplement released on Thursday (Dec 15).
Inflation continues to accelerate in economies throughout Asia and the Pacific on high energy and food prices, mainly due to the Russia-Ukraine conflict, ADB said in the report.
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