Govt mulls new State investment projects

Laos’ budgetary tensions have forced the government to cut spending in State investment projects in a move to prevent the country from being dragged further into chronic debt. Therefore some new State investment projects planned for this year might be postponed until next year following ...

Germany providing over 423b kip for rural, sustainable economic development

The government of Federal Republic of Germany has agreed to provide grant aid of over 423 billion kip (EUR 45.8 million) for sustainable economic development, rural development and natural resources management in Laos.The financial and technical support by the German government extended to the Lao ...

Laos-World Bank launch next 5-year partnership framework

The World Bank Office in Vientiane on May 24 presented the bank’s Partnership Framework for Laos 2017-2021 to stakeholders, together with the findings of the Systematic Country Diagnostic and the launch of the annual publication entitled Lao Economic Monitor. The new partnership framework between Laos and ...

UNDP presents human development report findings

Exclusion of women, people living in remote areas and ethnic groups creates chronic barriers for human development progress and leads to significant disparities within the Asia-Pacific region, leaving many behind, according to UNDP. This is one of the key findings of the Human Development Report ...

EPF supports green growth initiatives

Laos launched a new project at the Ministry of Planning and Investment on January 18 aiming to support capacity building and mainstreaming green in the country. The agreement ceremony was attend by Deputy Minister of Planning and Investment, Dr Kikeo Chanthabouly. The new project, known ...

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