- PM issues advice on management of state-funded projects
The Prime Minister has instructed planning and investment officials to overhaul planning in the new phase of administration for 2023, saying that development plans must reflect reality. Prime Minister Sonexay Siphandone issued the instruction when chairing the annual meeting of the planning and investment sector on Wednesday.
He advised officials to reform state investment in order to transform the system, ...More>>>

- More money needed for payment of debt, salaries, development schemes
The payment of government officials’ salaries, investment in development projects and repayment of debts constitute the largest portion of government expenditure allocated for 2023, according to the Ministry of Finance. The government will increase its expenditure budget from 34.5 trillion kip in 2022 to 43.49 trillion kip this year. Meanwhile, national revenue is targeted at 38.44 trillion kip, ....More>>>

- PM convenes open govt meeting to resolve ongoing challenges
The government’s second open meeting for 2022, which is taking place on Thursday and Friday this week, saw cabinet members discuss various international and regional events that are unavoidably affecting the economy. These circumstances have resulted in the insufficient supply of foreign currency and unfavourable exchange rates, while the cost of oil and consumer goods has almost doubled over the past year. ...More>>>