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Research 2011-03-18
* SUMMARY
The Overall Anti-Corruption Strategy of Lao PDR.
Over recent years the implementation of new policies has achieved great results. The economy has developed. Foreign relations have greatly improved. There has been an increase in dramatic in foreign investment and GDP has increased by 7%. Under Lao PDR’s comprehensive reform, the society has stabilized and striving to reach the national goals of:” rich people, a strong nation, and an equal and civilized society”. We are now in a position where we can reduce unnecessary public expenditure, improve government service delivery to citizens and improve the living conditions of the population. However, achieving our national goods remains difficult. There are still many obstacles to overcome. Laos has just enforced the free market economy, from a traditional centrally planned economy (which is characterized by a sewer lack of laws). Because of the previous economic model and simultaneous lack of regulation, the country has become a breeding ground for corruption. The government understands that corruption poses a major threat to Lao PDR’s poverty reduction plan and the nation’s development.