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Lao government aims to reduce inflation to single-digit by 2023

VIENTIANE, May 10 (Xinhua) — Laos’ central bank, the Bank of the Lao PDR (BOL), is aiming to drag inflation, which was recorded at 39.89 percent in April, down to an average of single digit in 2023, local media reported.

“Dragging inflation down to one digit is the greatest challenge,” Lao National Radio on Wednesday quoted the Director General of the Monetary Policy Department of BOL, Soulysak Thamnuvong, as s