The Bank of the Lao PDR held a dissemination meeting to brief stakeholders on the revised Law on the Bank of the Lao PDR and promote consistent understanding of its implications for the central bank’s mandate and operations. The revised law (No. 66/NA, dated 11 December 2024) is positioned as the core legal basis for defining the Bank’s roles, rights and duties in implementing monetary policy, safeguarding the stability of financial institutions, and strengthening and modernising the Lao PDR’s payment system. The half-day session brought together 140 participants, including representatives from the National Assembly, relevant public-sector bodies, Bank of the Lao PDR staff and sector associations, and encouraged attendees to cascade the content within their organisations to support uniform implementation.
Bank of the Lao 2025-07-08
Bank of the Lao PDR convenes stakeholder briefing on revised Law on the Bank of the Lao PDR
The Bank of the Lao PDR held a meeting to brief stakeholders on the revised Law on the Bank of the Lao PDR, emphasizing its role in defining the central bank's mandate and operations. The revised law serves as the legal basis for implementing monetary policy, ensuring financial stability, and modernizing the payment system. The session aimed to promote consistent understanding and implementation among 140 participants, including representatives from the National Assembly and sector associations.