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Lao central bank to intensify efforts to address economic challenges

november 27, 2024by Reacties uitgeschakeld voor Lao central bank to intensify efforts to address economic challenges

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VIENTIANE, Nov. 27 (Xinhua) — The Lao central bank, the Bank of the Lao PDR (BOL), is set to intensify efforts to address pressing economic and financial challenges, including high inflation, fluctuating exchange rates, and rising commodity prices.

The BOL focuses on monetary policies for 2024, using tools like issuing bonds and managing government deposits to control the money supply, Lao National Radio report

Previous Post Laos sees trade deficit for 9th month

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