STRENGTHENING THE BUDGET REVENUE AND EXPENDITURE MANAGEMENT OF LUANG PRABANG PROVINCE, LAO PEOPLE’S DEMOCRATIC REPUBLIC

Abstract

In recent years, the management and administration of the budget in Luang Prabang province has been gradually strengthened, in which special attention has been paid to the renovation of provincial state budget revenue and expenditure management. Thanks to this, the provincial budget revenue and expenditure management has achieved some important results. However, in reality, the regular management of revenue and expenditure of the state budget in Luang Prabang province is still limited, not meeting the development needs well. The article analyzes the situation of the state budget revenue and expenditure management in Luang Prabang province in the recent time, based on which discusses some solutions to enhance the management of budget revenue and expenditure, in order to improve effective use of state budget capital, creating confidence for people in the country’s renewal process.