Lao govt to allocate more funds to repay debts owed to companies

VIENTIANE (Vientiane Times/ANN) -The amount owed by the government to private enterprises has been put as high as 10.14 trillion kip, putting considerable pressure on the government to address this issue and sustain economic growth.

Now the government has pledged to allocate more funds to repay its debts to private companies so they can maintain financial liquidity and expand their operations.

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Somsack Pongkhao
http://annx.asianews.network/content/lao-govt-allocate-more-funds-repay-debts-owed-companies-100429