Lao govt vows to improve management of state investment


VIENTIANE: The Lao government has vowed to improve the oversight of investment by the state to ensure the process is more efficient and auditable and delivers the intended benefits to the South-east Asian country and its people.

According to a Lao Economic Daily report on Tuesday (Nov 28), the commitment was made during a Public Investment Management Steering Committee Meeting held here on Nov 21, chaired by Deputy Minister of Planning and Investment Phonevanh Outhavong (pic) and attended by representatives of the Japan International Cooperation Agency (JICA) and the Lao Ministry of Finance.

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