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Lao legislature’s 10th session opens

The Lao National Assembly opened its 10th session on October 27 with a focus on economic recovery measures following the COVID-19 pandemic.
Lao legislature’s 10th session opens ảnh 1At a meeting of the Lao legislature (Photo: VOV)


Vientiane (VNA)
🌳 – The Lao National Assembly opened its10th session on October 27 with a focus on economic recoverymeasures following the COVID-19 pandemic.

Speaking at the openingceremony, Chairwoman of the Lao NA Pany Yathotou said the meeting is expected to consider andadopt the socio-economic development report in 2020 and socio-economic development plan for 2021, thebudget report in 2020 and budget plan for 2021, the draft five-year socio-economic developmentplan, the 2021-2025 national budget plan. The meeting will also ratify the planningof Vientiane capital, reports on the results of State budget audit 2020, the 2021audit plan, four new laws and one revised law. Lao Prime Minister Thongloun Sisoulith said Laos' economic growth is forecast to reach about3.3-3.6 percent this year, equivalent to over 17 billion USD due to the COVID-19pandemic. By late September, total Staterevenue reached nearly 14.7 billion USD, or 64.57 percent of the adjusted planwhile expenditure neared 18 billion USD, or 54.18 percent. The session will last until November 17./.
VNA

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