International Reserves in Laos
Laos - International ReservesAccording to government projections, the economy grew 6.7% in H1 on strong manufacturing and services sectors, likely among the fastest expansions in the region. On the downside, revenues have fallen short of budgeted estimates so far this year, constraining spending and making it difficult to reduce the elevated budget deficit. In addition, the already-high current account deficit rose further in Q1 in year-on-year terms, with FX reserves dipping. During a staff visit earlier this year, the IMF highlighted the fiscal and external situations as key weaknesses, and urged greater fiscal consolidation.
Laos - International Reserves Data
|International Reserves (USD)||0.7||0.9||1.1||0.9||1.3|
5 years of economic forecasts for more than 30 economic indicators.
Laos International Reserves Chart
Source: World Bank and Met the why particular calculations.
|Exchange Rate||8,425||0.31 %||Jul 17|
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