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Reducing inflation remains challenge in Laos: PM

november 08, 2023by Reacties uitgeschakeld voor Reducing inflation remains challenge in Laos: PM

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VIENTIANE, Nov. 8 (Xinhua) — Dragging inflation down to the targeted 9 percent by 2024 from the current rate of almost 30 percent will be a huge challenge, said Lao Prime Minister Sonexay Siphandone.

Although inflation dropped from 40 percent in mid-2022 to 25.69 percent in September 2023, achieving the 9 percent target in 2024 will still be a challenge, Lao national TV on Wednesday quoted Lao prime minister as

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