Laos strives to resolve financial and economic difficulties with aims to bring down soaring inflation

VIENTIANE (Xinhua): The Lao government has instructed the relevant authorities to take urgent measures to address the continuing economic and financial difficulties with respect to inflation, unfavorable currency exchange rates, spiraling prices, and foreign debt.

During the cabinet's monthly meeting for October, the Lao government urged actions to boost national revenue while promoting frugal spending to ensure effective use of the state budget in overcoming economic challenges.