Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

Fast Facts: ASEAN Infrastructure Fund

By establishing the ASEAN Infrastructure Fund, ASEAN would be taking a major step towards investing more if its resources in its own development needs. Read More

Fast Facts: ASEAN, the PRC and India - The Great Transformation?

A new ADB-ADBI publication looks at how the economies of ASEAN, People’s Republic of China and India might fare by 2030. Read More

Overview

The Lao People's Democratic Republic (Lao PDR) continues to develop rapidly, driven by a natural resources boom (hydropower and mining). However, major development challenges remain, including achieving non-income Millennium Development Goals as scheduled.

ADB's new country partnership strategy, 2012–2016, for Lao PDR is designed to help the government diversify the economy in a sustainable and inclusive manner through agriculture and natural resources, education, energy, urban development, and public sector management.

Fast Facts

6.38 (2011)
Population in millions

2.1% (2009-2011)
Annual population growth rate

27.6% (2008)
Population living below the national poverty line