Lao Tax System Boosts Revenue by 251%; Oversight of Mining and Investment Strengthened
Economy

Lao Tax System Boosts Revenue by 251%; Oversight of Mining and Investment Strengthened

Lao state revenue has surged by 251% following the implementation of a Tax Revenue Information System, the government announced. Concurrently, oversight of mining concessions and private investment projects is being strengthened to prevent revenue leakage and enhance transparency, aligning with national development and poverty eradication goals.

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