By Toshiro Nishizawa

East Asia Forum-Feb 18, 2026

Laos enters 2026 with a new leadership team following a year of economic consolidation and improved macroeconomic stability. But persistent structural constraints remain. Debt pressures, infrastructure financing needs and preparations for graduation from Least Developed Country status will test the government’s ability to translate its vision of economic self-reliance into effective policy. Strategic balancing with external partners remains central to sustaining development and managing vulnerability. Read more at: https://eastasiaforum.org/2026/02/18/laoss-year-of-consolidation-and-strategic-balancing/  First published in East Asia Forum