Laos is facing issues in managing its state budget, with billions of kip unaccounted for, according to the Vientiane Capital People's Assembly on 19 December.
President of Central Region Audit Office No.1, Khammone Bouaphanh revealed that LAK 4.77 billion (about USD 217,000) had not been transferred to the official state...
Laos' Finance Minister Bounchom Oubonpaseuth has assured National Assembly members that public debt is still manageable, despite the total amount remaining considerable.
Vientiane Times reports...
Risks abound, but growth is expected to normalize in the region as COVID recedes.
On 12 April, the ASEAN+3 Macroeconomic Research Office (AMRO) published its...
The Ministry of Foreign Affairs (MOFA) plans to process more passport applications to reduce the long queue of people waiting to travel abroad.
The Consular...
Lao Minister of Finance, Mr. Bounchom Oubonpaseuth, has guaranteed fuel supplies will be sufficient for motorists across Laos for the next three months.
He made...
