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ECONOMIC DEVELOPMENT PLAN (2016–2020)

8th FIVE-YEAR NATIONAL SOCIO- ECONOMIC DEVELOPMENT PLAN (2016 2020)(Officially approved at the VIIIth National Assembly s Inaugural Session, 20 23 April 2016, Vientiane)Ministry of Planning and Investment June 2016 Lao People s Democratic RepublicPeace Independence Unity ProsperityMinistry of Planning and Investment June 20168th FIVE-YEAR NATIONAL SOCIO- ECONOMIC DEVELOPMENT PLAN (2016 2020)(Officially approved at the VIIIth National Assembly s Inaugural Session, 20 23 April 2016, Vientiane)FOREWORDThe 8th Five-Year National Socio- ECONOMIC DEVELOPMENT Plan (2016 2020) 8th NSEDP is a mean to implement the resolutions of the 10th Party Conference that also emphasizes the areas from the previous plan implementation that still need to be achieved.

Strategy until 2025 and Vision 2030 with an aim to build a new foundation for graduating from LDC status by 2020 to become an upper-middle-income country by 2030. Therefore, the 8th NSEDP is an important tool central to the assurance of the national defence and development of the party’s new directions.

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