Lao government launches detailed plan to tackle inflation and stabilise falling currency by year-end


Image from Laotian Times.

VIENTIANE (Laotian Times): In a bid to curb inflation and stabilise the Lao economy, Prime Minister Sonexay Siphandone unveiled a strategic plan this week.

This new initiative, targeting the last five months of 2024, aims to bring inflation under control, manage the currency exchange rate, and ensure economic stability.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Laos , Govt , Measures , Stabilise , Government , Currency , Kip

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