Service sector key factor driving Laos' economic growth, says top Lao official


VIENTIANE (Xinhua): Strong growth in the service sector remains a key factor in driving Laos' economic growth in 2023 and 2024, which is projected at 4.2 and 4.5 per cent, respectively, said a Lao official.

According to Lao national TV's report on Thursday, Lao Minister of Planning and Investment Khamjane Vongphosy cited the figures when reporting on the implementation of the 2023 socio-economic development plan and the draft plan for 2024, which he presented at the sixth ordinary session of the National Assembly's ninth legislature on Tuesday.

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Laos , Service Sector , Big Push , Major Drive , Economy

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