Party adopts nine urgent measures to drive economy
The Central Committee of the Lao People’s Revolutionary Party recently adopted core and urgent measures to drive the macro economy which is currently encountering some difficulties.
New state investment must focus only on projects which are economically efficient, except for recovery projects following damage from natural disasters, according to the measures. Urgent action must be taken to prevent revenue leaks, strengthen relevant legislation toward addressing budget and financial difficulties as well as closing loopholes for the embezzlement of state money by officials.
Souksakhone Vaenkeo
