Gov’t urged to reform five key state enterprises

22/06/2022 22:22
Email Print 2045
KPL (KPL) The Standing Committee of the National Assembly has urged the government and relevant ministries to urgently reform five strategic state enterprises to prevent additional loss to the government budget and increasing public debts.

(KPL) The Standing Committee of the National Assembly has urged the government and relevant ministries to urgently reform five strategic state enterprises to prevent additional loss to the government budget and increasing public debts.

President of the Planning, Finance and Audit Committee of the National Assembly Liber Libuapao urged the government and relevant ministries to reform according to applicable laws five strategic enterprises namely Electricite du Lao (EDL), Lao State Fuel Company, EDL Gen Public, Lao Airlines, and Agriculture Development Export- Import.

The government was required to evaluate the business performance of 137 other state enterprises and prepare a report on the reform of the five strategic state enterprises and submit it to the next Ordinary Session of the National Assembly.

The government was also asked to devise a state enterprise development strategy and vision according to sustainable and socialist trends.

KPL

ຂ່າວອື່ນໆ

    • Champassak Launches Free Bus Service in Pakse to Combat Fuel CrisisEconomics

      Champassak Launches Free Bus Service in Pakse to Combat Fuel Crisis

      3/17/2026 8:49:28 PM

      In a direct response to soaring fuel prices and supply shortages, the Champassak Provincial Department of Public Works and Transport officially launched a free public bus service within the Pakse municipal area on 17 March 2026. The inauguration ceremony, held at the Provincial Administration Office, was presided over by Mr Souksavanh Vilayvong, Chairman of the Champasak Provincial Administration Committee, and Mr Sitthiphone Bouttivong, Director of the Department of Public Works and Transport.

    • Laos, Hong Kong Discuss Promoting Investment CooperationEconomics

      Laos, Hong Kong Discuss Promoting Investment Cooperation

      3/11/2026 8:01:11 PM

      A delegation from the Ministry of Finance of the Lao PDR, led by Mr. Santiphab Phomvihane, Minister of Finance, held discussions with Invest Hong Kong (InvestHK) of the Hong Kong Special Administrative Region of the People’s Republic of China to exchange experiences in promoting domestic and foreign investment.

    • Lao Eco Motor Expo 2026 Opens in VientianeEconomics

      Lao Eco Motor Expo 2026 Opens in Vientiane

      3/11/2026 10:35:15 AM

      The Lao Eco Motor Expo 2026 officially opened at the Lao-ITECC Exhibition Center in Vientiane on the evening of March 10, 2026.

    • Pinim Pro Wins Two Outstanding MSME Awards at Lao MSMEs Expo 2026Economics

      Pinim Pro Wins Two Outstanding MSME Awards at Lao MSMEs Expo 2026

      3/4/2026 4:16:10 PM

      The Pinim Pro Co., Ltd., a leading event management and marketing communications company in the Lao PDR, has been honored with two prestigious awards at the Lao MSMEs Expo 2026, underscoring its strong contribution to business excellence and social development.

    • Finance Minister Calls for Overhaul of National Statistics SystemEconomics

      Finance Minister Calls for Overhaul of National Statistics System

      3/2/2026 4:05:50 PM

      The Minister of Finance, Santiphab Phomvihane, has urged the Lao Statistics Bureau (LSB) to modernise its data production framework, advocating for a transition towards a fully digital government model to bolster economic planning and poverty alleviation.


Top