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Lao central bank vows to resolve spiraling inflation

mei 31, 2022by Reacties uitgeschakeld voor Lao central bank vows to resolve spiraling inflation

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VIENTIANE, May 31 (Xinhua) — The Lao central bank is applying strict measures against high inflation rates, a severe shortage of fuel, and depreciation of the national currency kip.

To ease the situation, which is further exacerbated by the COVID-19 pandemic and some regional conflicts, the central bank is rolling out measures to tighten the management of money flow and ensure there is sufficient monetary circu

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