VIENTIANE: General Secretary of the Lao People's Revolutionary Party Central Committee and Lao President Thongloun Sisoulith has vowed to transform the economy by guiding it towards independence and Lao ownership, so as to make it more resilient.
Lao Economic Daily on Monday quoted Lao President Thongloun saying at a nationwide meeting of the finance sector 2023, "From now on, the Party Central Committee and the Politburo will quickly devise policies to transform our country, in particular the economic system, from the current overwhelmingly dependent situation to a system based on independence and Lao ownership of the economy."
