Prices of consumer staples under control: Lao PM

VIENTIANE (Vientiane Times/ANN) – The government is endeavouring to stabilise the prices of various goods, including food items, against the backdrop of rising costs in the processing industry, the Prime Minister advised the National Assembly.

The value of traded goods in the first four months of the year stood at 15,500 billion kip, an increase of 11.8 percent compared to the same period last year. The value represented 23.8 percent of the National Assembly’s (NA) approved annual plan, Prime Minister Thongloun Sisoulith told the 7th Ordinary Session of the National Assembly’s legislature this week.

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