Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial...
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Lao People's Democratic Republic Digital Europa Thesaurus
poverty
Key takeaways: The Lao fiscal system in 2018 was progressive and helped reduce inequality. The net effect of fiscal interventions moderately reduces inequality while the total...
Most economies in developing East Asia and Pacific (EAP), other than several Pacific Island Countries, have recovered from the succession of shocks since 2020 and are continuing to grow...
IFAD began operations in the Lao People’s Democratic Republic in 1978. Our strategy is to invest in rural people, empowering them to increase their food security, improve...
The 2022 MPI Report finds that reducing poverty at scale is possible and unveils new 'poverty profiles' that can offer a breakthrough in development efforts to tackle the interlinked aspects...
While the negative impacts of COVID-19 appear to be receding, households in the Lao PDR are facing new and emerging challenges, some as aftershocks of the pandemic, according to the latest...
Rising fuel and food prices are undermining both purchasing power and poverty reduction. While domestic labor market conditions are expected to improve gradually...
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Recent food price increases in the region, reinforced by food and fuel price rises related to the war in Ukraine could threaten expected progress in poverty reduction...
Compounding the COVID-19 pandemic is a looming debt crisis for low- and middle-income countries where a growing debt burden threatens to crowd out social spending for children. This policy...
The COVID-19 outbreak has intensified the growth slowdown, plunging Lao PDR’s economy into its first recession since the Asian financial crisis in 1998. The World Bank estimates...