Spiraling inflation in Laos forces people to cut expenses

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VIENTIANE, Oct. 20 (Xinhua): Spiraling inflation in Laos is having a dramatic effect on people's lives, even though the government has promised to garner more revenues to swell its coffers while reining in spending and stabilizing currency exchange rates.

Inflation in Laos hit a 22-year high at 34 percent in September 2022, according to an updated report from the Lao Statistics Bureau website.