Laos PM: Reform state investment, act to avert economic crisis


Laos Prime Minister Thongloun Sisoulith. - Reuters

VIENTIANE (Vientiane Times/ANN): Prime Minister Thongloun Sisoulith has told authorities in charge to reform state investment and ensure spending is effective, as part of measures to strengthen the macro-economy and prevent a crisis in the coming years.

The leadership of state entities involved in ineffective investment must take responsibility for mistakes made in accordance with the law, the prime minister told the annual meeting of the finance, planning and investment sector on Friday (Feb 5).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , investment , reform , Thongloun Sisoulith

Next In Aseanplus News

Japan denies spying after Russia arrests journalist
Australia navy investigating video camera found in ship bathroom
Global fuel price surge pushes up electricity generation costs
Taiwan president calls for Micron, workers to negotiate 'sincerely' ahead of possible strike
WhatsApp rolls out message scheduling to beta users
AI-assisted song climbs Korean charts as copyright rules struggle to keep pace
Indonesia rescues starved orangutan from fires: officials
Timor Leste shuts schools over Indonesia haze
Inflation and corruption remain top concerns among Filipinos, survey says
Malaysia Airlines wins two awards at World MICE Awards 2026

Others Also Read