The Bank of the Lao convened its second Management Council meeting for 2025, taking stock of progress across its work programme over the first seven months of the year and setting implementation priorities for the remainder of 2025, including receiving updates linked to the Monetary Policy Committee. Chaired by Governor Bounkham Vorachit, the meeting discussed each functional area’s performance, drawing out both achievements and outstanding issues and agreeing clearer directions aligned with current conditions. The leadership called on responsible units to focus on delivering monetary targets approved by the National Assembly, while strengthening the banking system and non-bank financial institutions and modernising and securing the payments system. All agenda items were approved at the half-day session.
Bank of the Lao 2025-08-19
Bank of the Lao holds its second 2025 management council meeting to review seven-month performance and set year-end priorities
The Bank of the Lao held its second Management Council meeting for 2025, chaired by Governor Bounkham Vorachit, to review progress and set priorities for the year. The meeting emphasized achieving monetary targets, strengthening the banking system, and modernizing the payments system. All agenda items were approved.