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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Prime minister of Laos resigns AFP - Friday, December 24 Send IM Story Print HANOI (AFP) - – Laos on Thursday announced a new prime minister after the surprise resignation of Bouasone Bouphavanh months before his term was scheduled to end. "We have a new prime minister," government spokesman Khenthong Nuanthasing told AFP from Laos. "The former prime minister resigned." Bouasone, 56, who had spent more than four years in office, was replaced by Thongsing Thammavong, president of the communist-dominated National Assembly, Khenthong said. Thongsing's promotion was approved unanimously by the 101 assembly members present for the vote after Bouasone's departure, he added. "We did not expect he would resign because he has performed quite well in his function," said Khenthong, adding that Bouasone told deputies he could no longer perform his duties because of "family problems." The decision to resign was Bouasone's alone, the spokesman said, but he remains a member of the ruling Lao People's Revolutionary Party central committee. Bouasone would have been eligible for another term when the party's Congress is held early in 2011. "He can run for another post in the future," even at the next Congress, Khenthong said. Laos, a rural-based society of about six million is one of Asia's poorest nations and is highly reliant on foreign donors. Bouasone told a conference in Vietnam earlier this year that his country aims for "no less than" eight percent annual economic growth to 2015. The country's economy has been expanding at an annual average of seven percent in recent years, and the government aims "to lift the country from underdevelopment by 2020," he said. Non-governmental organisations this year urged the government to consider slowing the pace and scale of large foreign investment projects which, they said, form the basis of the country's growth strategy. They expressed concern that the projects often rely on foreign labour, add little value in Laos, and potentially have negative effects on the environment and socio-economic development. Recommend Send IM Story Print Related Articles Judgement due for Indian doctor accused of helping Maoists AFP - 11 minutes ago N.Korea 'ready for sacred war' as South holds major drill AFP - 1 hour 27 minutes ago Taliban commander killed in Pakistan: security officials AFP - 2 hours 6 minutes ago North Korea makes nuclear threat in standoff with South Reuters - Friday, December 24 Santa is at home in Hong Kong AFP - Friday, December 24 News Search Top Stories Bomb blasts hit Swiss, Chilean embassies in Rome US economy hobbles toward brighter 2011 UN demands halt to Ivory Coast killings Irish government nationalises Allied Irish Banks US jobless claims fall near year lows More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Indonesia's dragons draw tourists to 'Jurassic' islands Fears grow of euro-style debt crisis in US states 'World's first' glasses-free 3D TV hits Japan Oil jumps to highest levels since 2008 Time Magazine honors AFP photographer More Most Viewed » Defiant Obama defends tax cuts, eyes 2012 More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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