News
Laos, WB sign up to green growth transition
Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...
Govt tightens spending to reduce debt burden
The government has announced that some new development projects planned for this year could be postponed until next year if Laos faces a revenue shortfall in 2017. The government is also committed to tightening budget expenditure by trimming its administrative budget and, if they are ...