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NA to discuss laws, socio-economic plan, regional issues report

Vientiane Times, 17 June 2014

Pany , the President of the National Assembly, visiting the LIWG booth during the NA Intersession.

Pany , the President of the National Assembly, visiting the LIWG booth during the NA Intersession.

The National Assembly (NA) is holding a four day pre-session running 16 to 19 June to discuss fundamental issues ahead of the Seventh Ordinary Session of the National Assembly’s Seventh Legislature set to take place early next month. The primary issues raised during the four day meeting at the International Cooperation and Training Centre (ICTC) in Vientiane will confer and exchange ideas among NA members and other experts to ensure there is meaningful discussion and mutual understanding during the Seventh Ordinary Session of the National Assembly’s Seventh Legislature.

President of National Assembly, Ms Pany Yathortou speaking at the pre-session said the implementation of the socio-economic plan of 2013-2014 had allowed the nation to reach great achievements and overcome difficulties which has brought stability to Laos. But she warned there are still many challenges especially those issues related to the economic field with increasing GDP, income coll ection for the national budget, and the increasing of government debt.

To deal with these challenges the NA has organised this pre-session to discuss and allow all NA members to understand these fundamental issues before debating in the Seventh Ordinary Session of the NA’s Seventh Legislature. These include the implementation of the socio-economic plan and the national budget plan for the 2013-2014 fiscal year as well as the adjustment to 2014-2015 fiscal year.

The session is also discussing two new laws related to independent auditing and laws to combat money laundering and money supply for terrorism. The three amended laws are related to value added tax, standardisation and amendment of indictments. The Seventh Ordinary Session will also hear a report regarding regional issues from related ministries, organisations as well as foreign specialists.

The National Assembly meets for debate sessions twice a year, when it discusses and approves proposed large-scale development projects and fundamental issues such as socio-economic development and budget plans. The National Assembly is the representative of the rights, powers and interests of the multi-ethnic people.

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