Laos: Massive budget deficit reduction set by 2020
VIENTIANE (Vientiane Times/ANN) – The government will massively reduce or wipe out the budget deficit by next year, Deputy Prime Minister Somdy Duangdy has said.
Laos has suffered a chronic budget deficit in recent years which has led to the accumulation of sizeable public debt and budgetary tension.
Souksakhone Vaenkeo
