Laos to issue bonds to tackle fiscal deficit
VIENTIANE (Vientiane Times/ANN) – The government will try to sell more domestic bonds in the local currency in an attempt to address the fiscal deficit and strengthen the national capital market.
Over the past five months of this year, the government has sold 1.13 trillion kip worth of domestic bonds, equal to 28.89 percent of the amount targeted in the plan for 2019, according to a recent report from the Ministry of Finance.
Somsack Pongkhao
http://annx.asianews.network/content/laos-issue-bonds-tackle-fiscal-deficit-101751
