The developing South-East Asian
nation of Laos is welcoming more of its households above the
poverty line with more than 120,000 believed to have escaped
deprivation in the past five years.
Poverty continues to afflict some
77,000 households, representing 6.6 percent of the nation's total
number of 1.16 million.
Reducing the total number of
households in poverty to less than 10 percent nationwide was a goal
set by policymakers at the 9th Congress of the ruling Lao People's
Revolutionary Party (LPRP) in 2011.
The number of districts officially
classified as poor has also declined from the 53 reported in 2011
to 23, representing some 15. 5 percent of Laos total of 148
The figure was revealed in the
five-year Poverty and Development Inspection and Assessment Report
compiled by the country's National Leading Committee for Rural
Development and Poverty Eradication and approved by the country's
Prime Minister Thongsing Thammavong.
The revelation comes as the World
Bank announced a pledge to extend further support to Laos' Poverty
Reduction Fund (PRF) for its next five-year that begins in
The fund has helped enable the
development of important infrastructure such as gravity-fed water
systems, dispensaries, artesian wells, schools, community roads and
bridges, run-off- river reservoirs as well as human resource
development in the form of teacher training. Endi