In Laos, the type of government is a Marxist-Leninist single-party state. In Laos, the legislative power is vested in a National Assembly. The head of the government is Bounnhang Vorachith. The governmental structure of a country determines the manner in which laws are written, approved, and interpreted. Government type determines the manner in which elections are held as well as the country's system of policing its citizens. The term of office of the head of state in Laos lasts until 1 January 2021. The length of a head of state's term has a direct effect on the power and influence of the executive position. A longer term of office provides the head of state with increased authority. The term of office of the head of state in Laos lasts until 01/01/2021. The length of a head of state's term has a direct effect on the power and influence of the executive position. A longer term of office provides the head of state with increased authority. The Global Peace Index (GPI) for Laos is 1.7. Due to strong law enforcement presence and high social responsibility, Laos is very safe by international standards. The strength of legal rights index for Laos is 6. Overall, it is considered to be rather adequate - bancrupcy and collateral laws are able to protect the rights of borrowers and lenders at least decently; credit information is msotly sufficient and generally available. In 2013, Laos received 408.9 million USD in foreign aid. In 2014, the foreign aid amounted to 392.4 USD.
Government In Laos, the head of the government is Bounnhang Vorachith. The government system of Laos is a Marxist-Leninist single-party state. In Laos, the legislative power is vested in a National Assembly; this is a Unicameral legislative body, and therefore a Unicameral National Assembly. According to the World Bank Group, the government effectiveness index of Laos is -0.39. This indicates that the government of Laos is mediocre. While some public and civil services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully evaluate the governmental situation in Laos before considering any business maneuvers.