The 2nd meeting of the National Steering Committee on the Implementation of Sustainable Development Goals (SDGs) was held in Vientiane where progress in implementing the Sustainable Development Goals in the Lao PDR was reported.
The meeting was held in Vientiane on May 24 in the presence of Minister of Foreign Affairs Saleumxay Kommasith.
The Lao government has attached importance to the implementation of the 2030 Agenda for Sustainable Development Goals by mainstreaming SDGs into the 8th Five-year Socio-economic Development plan (2016-2020) and annual national socio-economic development plans.
The Lao PDR has achievements in many sectors with the economy continuing to grow, poverty continuing to be reduced, the majority of households gaining access to electricity, educational access rising among school-aged students, health improving, and women holding high positions in an increased number.
In March 2018, the assessment conducted by the United Nations suggested that the Lao PDR has fulfilled 2 out of 3 thresholds needed for graduating from the least developed country status.
If the current development momentum continues, Laos will be able to declare its graduation from UN’s LDC list in 2024.
However, the Lao PDR still faces a number of challenges including large budget deficits, wide rural and urban disparities, high rates of child mortality and school dropouts. Meanwhile SMEs’ access to financial assistance remains limited and UXO continues to be an obstacle to development in rural areas.
Source: Lao News Agency