Economy

Laos unveils five-year socio-economic development plan

January 8, 2026

Laos has unveiled its 10th five-year socio-economic development plan, aiming for a 6% annual economic growth rate from 2026 to 2030. Prime Minister Sonexay Siphandone highlighted the achievements of the previous ninth plan, which saw an average growth rate of 4.24%, exceeding its 4% target. The new plan emphasizes continued progress across various sectors.

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

Lao Prime Minister Sonexay Siphandone announced the 10th five-year plan at the 12th National Congress of the Lao People's Revolutionary Party.
The plan aims for a 6% annual economic growth rate from 2026 to 2030.
The previous nine-year plan (2021-2025) achieved an average growth rate of 4.24%, surpassing its target.
The new plan focuses on collective efforts across all sectors.

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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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