The Bank of the Lao reported that its Party Committee held a two-day conference on June 11 and 12 to disseminate and deepen understanding of the Lao People's Revolutionary Party's 12th Congress resolution within the central bank and the wider banking sector. The exercise was framed as a step to translate the resolution, the national five-year socioeconomic development plan for 2026 to 2030, and the bank's own Party Committee agenda into banking-sector implementation. More than 200 participants attended, including senior Party and banking officials. The conference covered four key Party documents, including the 12th Congress resolution, the political report to the congress, the 10th five-year national socioeconomic development plan for 2026 to 2030, and guidance from the party secretary-general and state president on studying and implementing the congress outcomes. Participants were then split into seven groups to examine sector-specific banking work and report back on implementation directions and action plans intended to make execution more concrete and effective. The event also included the award of 50th anniversary Lao PDR commemorative medals to 1,131 banking sector personnel, comprising 946 current staff and 185 retired senior staff. In closing remarks, the bank's Party leadership called for continued implementation of the 12th Party Congress resolution, the 2026 to 2030 national socioeconomic development plan, and the fifth congress resolution of the Bank of the Lao Party Committee in future banking-sector work.
Bank of the Lao2026-06-12
Bank of the Lao convenes conference to align banking sector work with Party Congress resolution and 2026 to 2030 national plan
The Bank of the Lao said its Party Committee held a June 11 to 12 conference to align banking-sector work with the Lao People's Revolutionary Party's 12th Congress resolution and the 2026 to 2030 national socioeconomic development plan. More than 200 participants reviewed key Party documents and split into seven groups to develop sector-specific implementation plans. The event also included commemorative medal awards for 1,131 banking sector staff and retirees.