Lao govt explains main reasons for rising debt burden


VIENTIANE (Vientiane Times/ANN): The government has cited five reasons for its spiralling public debt over the past five years, which is continuing even though measures have been introduced to address it.

Speaking at the National Assembly recently, Deputy Prime Minister and Minister of Finance, Somdy Duangdy, outlined the key challenges and the measures needed to minimise public debt over the next five years.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , debts

Next In Aseanplus News

Top Singaporean singer Kit Chan hosts travel show for first time to step out of her comfort zone
Hooked on the claw: How crane games conquered Japan's arcades
Actor Kim Azzim hones badminton skills to portray Rashid Sidek in 'Sentuhan Wira'
PAS ready for by-elections to fill Perlis vacancies, says Hadi
Stateless Rohingya rue Myanmar's election from exile
Bersatu must punish Perlis reps to prove its sincerity to PN, says PAS info chief
Malaysia's economy remains resilient in 2025 amid tariff wars, geopolitical turbulence
China's high-speed rail network passes 50,000km mark
Fire burns through thousands of hectares in Western Australia as wind conditions are set to escalate
Najib supporters deny being paid, insist their presence is voluntary

Others Also Read