mtc

Amid rising national debt, Laos is leveraging its hydropower surplus to explore cryptocurrency mining.
The government seeks to monetize excess electricity to generate foreign exchange while diversifying national revenue sources.
Monetizing hydropower surpluses to repay national debt.
Laos faces the highest debt-to-GDP ratio in Southeast Asia, largely due to large hydropower projects funded through international loans (mainly from China). Laos is known as the 'battery of Southeast Asia,' with its electricity generation exceeding domestic demand and export capacity. The rainy season peak exacerbates the electricity surplus, leading to underutilization of the Lao National Electricity Company (#EDL ).