During the 15-day deliberation, NA deputies will hear reports on theimplementation of the socio-economic development plan for 2012-2013, itstarget, plan and measures to achieve the socio-economic developmentplan for 2013-2014 term, as well as that of the macroeconomic situation.
They will also discuss the establishment of new provinces,mull over the building of six new laws and improving nine amended laws.
Despite the difficult economic situation, Lao Gross DomesticProduct has maintained its 8-percent growth over the past years. Thecountry’s inflation stands at 5.8 percent.
Laos’ average percapita income reached 1,490 USD in the 2012-2013 fiscal year, and isexpected to surpass the target of 1,700 USD in 2015.-VNA