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Govt approves important documents

Members of the government have agreed that national economic growth has been maintained however the neglect on governance and lack of financial discipline has not been addressed seriously.

Government Spokesperson Ms Bounpheng Mounphoxay mentioned the issues when disseminating the results of the government's midterm review plenary for the first six months of the 2014-2015 fiscal year.

Ms Bounpheng Mounphoxay speaks to the media.

At the meeting, the government approved in principle the report on the implementation of the socio-economic plan, state budget plan, and currency plan for the first six months, as well as the works to be targeted, and urgent issues in the next half of the year.

In the past six months, the government was striving to address the financial difficulties which have arisen over the past 2-3 years, as well as the unpaid public debt on the government development projects.

The meeting also agreed that there are shortcomings to be seriously addressed. In relation to the meeting Chairman Prime Minister Thongsing Thammavong cited the lack of political responsibility of administrators at various levels in implementing their obligations.

“Lax of strictness on governance, financial and budget discipline, which has not been seriously addressed, has retarded development and caused considerable losses to the nation,” Ms Bounpheng said in her reading of the press release on Friday following the close of the meeting.

The meeting approved the report on the food security and commercial production project, which defines the complex scheme of agriculture and animal husbandry based on the country's potentials.

An important document approved at the meeting was the draft of the amendment to the Constitution which will be brought for debate at the 9th session of the National Assembly in the middle of this year.

The meeting also discussed the implementation of the campaign of enhancing the spirit of patriotism in conjunction with socio-economic development and the Sam Sang initiative, which the report said contributed to continuously improving the livelihoods of the people.

The meeting also approved the report on the success of the annual 37th meeting of the joint committee on bilateral cooperation between the Lao and Vietnamese governments.

The annual meeting agreed for the joint Laos-Vietnam and Vietnam-Laos cooperation committee to be renamed as the joint committee between the government of Laos and the government of Vietnam for bilateral cooperation.

For the cooperation between Laos and China, the report from the joint cooperation committee between the two countries reviewed the cooperation for 2013-2014, which has involved trade, investment, transportation, banking, post and telecommunications, education, drug suppression, as well as special and specific economic zone development.

At the conclusion of the meeting, Prime Minister Thongsing stressed that the members of the government must implement the six measures for maintaining the stability of the national economy and take real action to address the outstanding debt.

He called on the government members to pay attention to skills development for Lao labourers, enhancing the role of the information sector as a voice for disseminating the Party's direction and policy, government laws and regulations, as well as promoting national culture and traditions.

 

 

By Times Reporters
(Latest Update
April 27,
2015)


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