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LAOS: Overseas Currency Loans Now Open to All Importers of Development-Related Goods

Importers of development-related goods - including machinery, vehicles, seeds, livestock, fertilizers, insecticides, pharmaceuticals, medical equipment, petrol and natural gas – can now apply for foreign currency denominated loans, irrespective of whether their earnings are in local or foreign currency. Previously, only importers who earned in foreign currency were entitled to such a facility.

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