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Laos Hopes to Pay Off USD 14 Billion Debt by 2025

Minister of Finance, Bounchom Ubonpaseuth spoke at the National Assembly’s ninth legislature recently, saying that the country plans to pay debts (foreign debt to the tune of USD 13 billion and domestic debt of USD 900 million) over the next five years, from 2021-2025, and ...

Latsamy Phonevilay

Govt takes steps to repay the nation’s debts

The government will study appropriate approaches to settle the nation’s debts from now until 2020, notably companies which have 100-percent completed the construction of state investment projects. The move aims to improve the liquidity of the companies concerned so they can pursue their business plans ...

Somsack Pongkhao

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