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Lao central bank to lower inflation to 9 pct in 2024

VIENTIANE, Nov. 1 (Xinhua) — The Lao central bank, the Bank of the Lao PDR (BOL), will attempt to lower the rate of inflation to 9 percent or another single-digit figure by the end of 2024, by ensuring that the income earned from exports enters the banking system.

The ambitious target was cited by Governor of BOL Bounleua Sinxayvoravong when speaking at the sixth ordinary session of the National Assembly’s nint