The parliament of Laos has voted to elect Deputy Prime Minister Sonexay Siphandone as the new prime minister to succeed Phankham Viphavanh, who has stepped down citing health concerns, according to local media.
VIENTIANE (Vientiane Times/Asia News Network): The government has vowed to further address mounting public debt and the vulnerability of the macroeconomy to prevent the country from being dragged into default.
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The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel crisis in the country, reports Laotian Times.