> Debt-saddled Laos struggles to tame rampant inflation / 36KL4AL
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Debt-saddled Laos struggles to tame rampant inflation / 36KL4AL
Clip ID 2258826
Creator AFP
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Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.
At a market in Vientiane, traders told AFP they have never known business to be so slow, as families have seen the value of their money collapse since Covid-19. IMAGES AND SOUNDBITES