Laos govt promises to sustain economy to prevent crisis

VIENTIANE, March 25 (Vientiane Times/ANN): The Laos government has vowed to support the economy by lowering the fiscal deficit to prevent the nation from being dragged into an economic crisis.

Minister of Finance Mr Bounchom Ubonpaseuth clarified the issue for National Assembly members on Tuesday, saying that the State budget plan for the next five years was designed to sustain and address the chronic financial problems of the past few years.