Laos sees economic growth despite ongoing challenges, says Lao PM

VIENTIANE (Xinhua): Laos has sustained economic growth over the past two and a half years, which has achieved growth targets despite ongoing challenges, and economic measures are continuing to gain momentum, the Lao prime minister stated.

Presenting the midterm review report on the five-year National Socio-economic Development Plan for 2021-2025 to the National Assembly (NA) this week, Lao Prime Minister Sonexay Siphandone said midterm average growth reached 4.03 per cent, which meets the average growth target of at least 4 pe rcent set in the five-year plan, Lao national TV reported on Friday.