AGP Executive Report
Last update: 8 hours agoLao National Assembly: Laos opened its 10th legislature’s first extraordinary session in Vientiane, with lawmakers set to review the first-half 2026 socio-economic plan, state budget and monetary plan, plus rural development and poverty reduction priorities. Energy & Transport: The Prime Minister told MPs Laos will expand strategic fuel reserves and push EV adoption to 30% of the national fleet by 2030, including converting 50% of government administrative vehicles to electric. Inflation Watch: The Bank of the Lao PDR outlined five measures to keep 2026 inflation under 7%, focusing on exchange-rate stability, money supply control, foreign-currency management for essential imports like fuel, and tighter external debt oversight. Tourism Update: Laos welcomed 2.1 million international visitors in the first five months of 2026, up 8%, with tourism revenue topping US$960 million. Flood & Storm Alerts: Meteorology warned of widespread rain, thunderstorms and strong winds across Laos from July 6–12, urging vigilance for flash floods, falling trees and damage. Local Governance: Authorities in Vientiane temporarily banned soil removal and infilling during the monsoon to protect roads and public safety. Youth & Agriculture: The Youth Union and Agriculture Ministry signed an MOU to boost youth livelihoods through market-oriented farming, training, and sustainable agriculture. Regional Ties: Laos also chaired a preparatory meeting for the cluster munitions review conference in Vientiane in September.
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