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flag Laos faces severe inflation and debt crisis, doubling food prices and weakening its currency.

flag Laos, heavily indebted to China, is grappling with severe inflation, causing food prices to skyrocket. flag Basic staples like rice and sugar have doubled in price, leading many households to resort to foraging. flag Public debt, at 108% of GDP, is unsustainable, and the national currency, the kip, has sharply depreciated. flag Despite plans to curb inflation, critics argue the government's measures are too slow. flag The World Bank suggests cutting tax breaks and restructuring debt to address the crisis.

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