IlluMyFi - Debt-Saddled Laos Turns to Deferrals as Repayments Nearly Double

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Debt-Saddled Laos Turns to Deferrals as Repayments Nearly Double

Laos’ external debt payments last year nearly doubled to $950 million, prompting the Southeast Asian nation to seek additional deferrals to avoid defaulting on debt that exceeds economic output, according to a government report.

bloomberg.com 01-07-2024 05:25 0.5 Minutes reading

Sentiment Bearish · 0/100

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