Government
Budget
Accelerating state reserve’s utilisation as govt steps up
The Ministry of Finance has detailed and simplified procedures aiming to hasten processes to utilise the State Reserve to finance emergency expenses and other expenditures when in need. Deputy Prime Minister and Minister of Finance Somdy Duangdy recently issued a decision stating that the reserve ...
Souksakhone Vaenkeo
Spending cuts mulled to minimise budgetary tensions
The government is contemplating a cut in budget expenditure to maintain financial liquidity following a revenue shortfall during the past four months of this year.More ...
Somsack Pongkhao
Govt ramps up revenue collection
Government sectors have been told to step up efforts to fill the government’s coffers in the third and fourth quarters of 2018 after a shortfall in revenue collection was recorded for the year so far. Last week’s monthly government meeting chaired by Prime Minister Thongloun ...
Vientiane Times
