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Post Info TOPIC: Laos to see higher inflation rate this year !!!
samakomlao


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Laos to see higher inflation rate this year !!!
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HANOI, April 17 (Xinhua) -- Laos will try to keep inflation at six percent in 2008, up from 4.5 percent in 2007, according to Lao newspaper Vientiane Times on Thursday.

The Lao government is continuing to apply measures to manage inflation by promoting investment and encouraging increased domestic productivity. Cross-ministry cooperation has increased in an effort to control the price of both domestic and imported products.

HANOI, April 17 (Xinhua) -- Laos will try to keep inflation at six percent in 2008, up from 4.5 percent in 2007, according to Lao newspaper Vientiane Times on Thursday.

The Lao government is continuing to apply measures to manage inflation by promoting investment and encouraging increased domestic productivity. Cross-ministry cooperation has increased in an effort to control the price of both domestic and imported products.

Source: http://english.eviewweek.com/Laos-to-see-higher-inflation-rate-this-year.shtml

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TSP


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However, the inflation will be still lower than Laos' expected economic growth of 7.5 percent this year, and also lower than inflation rates in neighboring countries.



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Anonymous

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Hey Lao Gov! pay your people more money especially the teachers because education is a must in a country that lacks education.When people make more money, maybe they will invest in Laotian business.

gtseast

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