News

Govt seeks to increase bank deposits to 84 percent of GDP

27 October 2016
The Vientiane Times
Budget / Exports / Government / Imports / National government / Parliament / Trade / Trade policy and regulation
Budget / Economy and commerce / Government / Investment / Laos / Mr. Somphao Phaysith / Parliament / social development / trade

The government has announced its intention to increase deposits in commercial banks to 84 percent of Gross Domestic Product by 2020, up from the 57 percent expected in 2016, in a bid to meet growing development needs. Governor of the Bank of the Lao PDR, Mr. ...

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Govt seeks to increase bank deposits to 84 percent of GDP

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