Archive · 22 Aug 2025

Laos Lowers Interest Rates to Boost Economic Growth

Laos Lowers Interest Rates to Boost Economic Growth

The Central Bank of Laos is lowering interest rates to help the country's economy grow.

This means it's becoming cheaper for people and businesses to borrow money, which should encourage them to spend and invest.

This is happening because inflation, or the rate at which prices are rising, has gone down recently.

The government is also working to help migrant workers by improving their rights and helping them find jobs.

The government also discussed a project that aims to reduce poverty by helping migrant workers find better jobs and get training.

Sources