Laos makes plans to spur economic growth in 2019

VIENTIANE (Vientiane Times/ANN) – Laos plans to invest about 44,347 billion kip of its budget or 26.80 percent of Gross Domestic Product (GDP) in 2019 to ensure the country’s steady economic growth. 

Of this amount, 4,359 billion kip, or 9.83 percent of the total, equal to 2.63 of GDP, will be taken from the domestic budget according to the Ministry of Planning and Investment.

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News Desk