The report was jointly funded by the World Bank-managed Energy Sector Management Assistance Program (ESMAP) and the Australian Department of Foreign Affairs and Trade (DFAT).

The World Bank has announced Mr. Hideki Matsunaga as the Country Manager for Somalia. He will oversee the design and implementation of the Somalia portfolio totaling $2.63 billion.Mr. Matsunaga, a ...

The World Bank report on Lao PDR highlights persistently high child stunting rates driven by poor diets, inadequate ...

Laos and China have formed a close political partnership, and now it is time to develop their economic relations as well and involve all the stakeholders from both countries, said Oudet Souvannavong, ...

With UNEP support, Lao PDR has developed a system to track planet-warming emissions, seen as key for allowing the nation to ...

The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...

The World Bank has downgraded its economic projections for Indochina, with Cambodia and Laos expected to struggle, as non-performing loans continue to mount amid falling demand and trade ...

The World Bank says the Laos government has brought some stability to its finances, but mainly through debt deferrals, and limiting spending on health, education and welfare.

Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.

Alex Kremer, the World Bank Country Manager for Laos, warned these austerity measures would have damaging long-term consequences.

By AFP Published November 16, 2024 Laos is struggling to tame rampant inflation, with food prices rising sharply and the World Bank warning that public debt has hit unsustainable levels ...