Gov’t urged to reform five key state enterprises

22/06/2022 22:22
Email Print 1833
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

    • Experts at Vientiane Seminar Urge Economic Resilience Amid Global ShiftsEconomics

      Experts at Vientiane Seminar Urge Economic Resilience Amid Global Shifts

      10/23/2025 9:54:50 PM

      A special seminar on Geoeconomics and Regional Trade Dynamics was held in Vientiane today, convening experts from Laos and Australia to discuss strategies for navigating a shifting global economic landscape and advancing Laos’ development priorities. The event was co-hosted by the Lao Academy of Social and Economic Sciences (LASES) and the Australian National University (ANU), with support from the Laos-Australia Friendship Association.

    • ADB lowers Laos’ 2025 growth forecast to 3.7%Economics

      ADB lowers Laos’ 2025 growth forecast to 3.7%

      10/16/2025 5:30:08 PM

      (KPL/VNA) The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9% to 3.7%, citing debt vulnerabilities, weak demand, and trade tensions.

    • Laos’ Tourism Sees Strong Recovery in 2025Economics

      Laos’ Tourism Sees Strong Recovery in 2025

      10/15/2025 2:24:44 PM

      Laos’ tourism sector is showing promising signs of recovery in 2025, with more than 3 million tourist arrivals recorded in the first eight months of the year. According to Mr. Khampheuy Philapha, Director of the Personnel Department, Ministry of Culture and Tourism, more than 3 million visitors entered the Lao PDR between January and August 2025, highlighting a steady rebound for the sector following global and regional challenges.

    • Laos Nears Completion of Major Cross-Border Wind Power ProjectsEconomics

      Laos Nears Completion of Major Cross-Border Wind Power Projects

      10/10/2025 9:42:27 AM

      The Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province, are rapidly approaching completion, with over 80% of construction already finished. The projects are on schedule to begin generating electricity by the end of 2025. According to Project Director Mr. Ruang Jungang, both Phase 1 (250 megawatts) and Phase 2 (350 megawatts) are set to commence commercial operations by the end of this year. The electricity generated will be exported to Vietnam under a cross-border energy cooperation agreement.

    • Laos to Launch Inaugural Lao Money Expo in December to Drive Economic GrowthEconomics

      Laos to Launch Inaugural Lao Money Expo in December to Drive Economic Growth

      10/2/2025 1:03:24 PM

      In a strategic move to address ongoing economic challenges and foster financial sector development, Laos will host its first-ever "Lao Money Expo 2025" this December, organizers announced.

ຂ່າວ KPL Laos News

Top