LAOS-VIENTIANE-NEW PM

LAOS-VIENTIANE-NEW PM

(221230) -- VIENTIANE, Dec. 30, 2022 (Xinhua) -- Lao National Assembly (NA) President Xaysomphone Phomvihane (R) congratulates Sonexay Siphandone as the new prime minister at the NA meeting in Vientiane, Laos, Dec. 30, 2022. The Lao cabinet is reshuffled at the concluding meeting of the Fourth Ordinary Session of the National Assembly (Ninth Legislature) of Laos held in Lao capital Vientiane on Friday, according to local TV reports. The NA meeting has approved the nomination from Lao President Thongloun Sisoulith, naming Sonexay Siphandone as the new prime minister, with an overwhelming majority winning 149 out of the 151 votes. (Photo by Kethsana Saliankham/Xinhua)

Lao PM vows to stabilize economy, finance, currency to avert crisis

STORY: Lao PM vows to stabilize economy, finance, currency to avert crisis DATELINE: June 15, 2022 LENGTH: 00:01:55 LOCATION: Vientiane CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the meeting STORYLINE: The Lao government will strive to stabilize the economy, financial situation and currency in order to prevent a crisis, Lao Prime Minister Phankham Viphavanh told the National Assembly (NA) at the start of its 3rd ordinary session which kicked off in the capital Vientiane on Monday. At the session, the NA President Xaysomphone Phomvihane delivered the opening remarks, giving the floor to the government to present a report on the progress made in implementing the socio-economic development, budget and currency plans over the first half of this year. Prime Minister Phankham said an 11-point work plan has been devised to support the achievement of the development targets set for 2022. "The government will speed up efforts to resolve the fragility of the macro-economy and normalize the situation," loc