Laos Merges Ministries in Major Shakeup as Economy Struggles

asianews.it

Right

Factuality

Ownership

Laos has planned to merge four ministries and cut public spending in what analysts call the largest government restructuring in recent decades. Foreign debt has reached 94% of GDP and only half is due to China, which has funded a project of the Belt and Road Initiative. As with the reduction of the provinces of neighbouring Vietnam, the operation aims to reduce costs and strengthen the control of the Lao People's Revolutionary Party, but raises …

El Universo

Lean Right

Factuality

Ownership

The Government expects to save about $140 million annually following the decision to merge six ministries and six secretariats, which will result in Ecuador becoming the second country in the region with fewer state ministries, according to official information.