Spiraling inflation in Laos forces people to cut expenses


6351f6aaf3e82afe2b0c218a_570x.jpeg_1718483346

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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , People , Tough Times , Inflation , spiralling

Next In Aseanplus News

Philippines expects 4.6 million port passengers for holiday season
China's Xi warns officials against chasing 'reckless' GDP
Authorities adding 40 NIISe eGates, 145 MyNIISe QR scanners at Johor checkpoints
Tourism in Cambodia’s Siem Reap takes a hit from latest clashes with Thailand
Durian Tunggal shooting: Cops awaiting MCMC report on threats against lawyer
Exploring China’s fascinating museums
Laos calls for restraint, peaceful solution in Cambodian-Thai border tensions
SEA Games: Women's trio bag gold for Malaysia in wushu weapons event
Cops probing allegation of MACC officer threatening husband with pistol
Traffic disrupted, warning issued after blizzard batters Japan's Hokkaido

Others Also Read