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Economy / Laos

Laos

September 2005 | Risk Summary

The government has signalled its intention to clamp down on public waste and corruption. A new anti-corruption law was passed at the National Assembly session in April. However, there are concerns about how well the new law will be implemented. Nevertheless, corruption is less of a problem in Laos than in neighbouring Cambodia and the threat to the ruling Lao People's Revolutionary Party from this source is currently manageable.

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