Laos's government considers raising enterprise employee allowances due to rising cost of living.

Laos's government is considering raising supporting allowances for enterprise employees to combat the increasing cost of living, as highlighted by Prime Minister Sonexay Siphandone in August's government meeting. High inflation and currency depreciation have reduced real wages, leading to labor shortages and some workers seeking employment abroad. The meeting also reviewed draft laws and the electricity pricing structure for 2024-2028.

August 27, 2024
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