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Dr Sims mentioned as a result of Laos' insufficient transparency — especially in relation to the loans with China — it absolutely was challenging to say how close the country was to that consequence.

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Mr Rajah claimed in the end Laos desired significant debt generate-offs as an alternative to just ongoing quick-term deferrals from China.

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very poor planning amongst the massive number of hydropower dams focusing on the domestic Electricity market as well as the extent of superior voltage transmission infrastructure required to deliver that output to load centres; and

Mr Rajah mentioned the Lao governing administration was now "fundamentally scrounging around wanting to increase dollars, especially in foreign currency, any way it might".

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"If a country defaults is essentially dependent, not a great deal on the place by itself, but on its borrowers," he stated.

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