Laos: economic expansion to improve during coronavirus

2020-10-19 04:44:36

(MENAFN)

In the middle of the coronavirus pandemic and the world economic recession that has caused heavy losses on the economy of Laos, the country's regimen sectors have been advised to animate the economic expansion.

A resolution that was accepted at the 11th Session of the 10th Party Central Committee, which concluded in Lao capital Vientiane this Friday, included this as one of the major aspects.

The Lao regimen is ought to condense commercial output in order to result in more goods produced for domestic consumption and export purposes, cited the office of the Party Central Committee.

The influence of the coronavirus on the economy, mostly on the tourism industry, has been extensive regardless of Laos' condition as free of any dangerous health impacts from the pandemic, stated local daily Vientiane Times on Monday.

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