Economy

Laos unveils five-year socio-economic development plan

January 8, 2026

Laos has announced its 10th five-year socio-economic development plan for 2026-2030, aiming for an annual economic growth rate of 6 percent. Prime Minister Sonexay Siphandone reported this at the 12th National Congress of the Lao People's Revolutionary Party, highlighting the successful completion of the previous plan, which achieved an average growth rate of 4.24 percent, exceeding its target.

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

Laos targets a 6% annual economic growth from 2026 to 2030.
The announcement was made by Prime Minister Sonexay Siphandone at the 12th National Congress.
The 9th five-year plan (2021-2025) achieved a growth rate of 4.24%, above the 4% target.
The new plan focuses on sustained, high-quality economic growth.
Collective efforts across sectors contributed to the achievements of the previous plan.

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Sources

Laos unveils five-year socio-economic development plan

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Laos unveils five-year socio-economic development plan

Key Highlights

Sources

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