Lao PM advises northern provinces on ways to tackle economic crisis

Prime Minister Sonexay Siphandone and his officials visit a mulberry tree project in Xay district, Oudomxay province. - VT

VIENTIANE (Vientiane Times/Asia News Network): Prime Minister Sonexay Siphandone last week chaired a meeting in Oudomxay province to discuss ways to tackle Laos’ economic slump, which is fuelled by inflation, unfavourable currency exchange rates, spiralling prices, and foreign debt.

The meeting was attended by authorities from Oudomxay and five other northern provinces.