• Short Summary

    Eight months after the Communist Pathet Lao forces declared a republic in Laos, the country's economic future continues to be uncertain.

  • Description

    Eight months after the Communist Pathet Lao forces declared a republic in Laos, the country's economic future continues to be uncertain.

    SYNOPSIS: A number of goods have completely disappeared from the open markets in the Laotian administrative capital, Vientiane. Many things are now only available on the black market at very high prices. One of the things that used to be very popular was poultry but most of the birds available now weigh only one kilogramme (2.2 pounds) and cost as much as 800 kip (four US dollars). Many people have increased the rice in their diet to make up for the lack of other foodstuffs. It is very unusual to see meat on sale at private market stalls as a ruling restricts the sale of most meat to government-run stalls.

    There are also a number of government shops where it is possible to buy the tinned and packaged goods. like dried milk. The Pathet Lao is trying to expand rice production with the help of a United Nations assisted programme to resettle war refugees in their old farming areas. There are also plans to increase meat and other food production. But after a long and bloody war and a period of coalition rule in Laos many of the country's farmers have gone to live in neighbouring Thailand. Soviet and other Communist aid has not made up for the loss of American aid and the flow of food supplies from Thailand has almost halted.

    A new currency was introduced in the country in June to try and combat inflation. The new Liberation Kip is worth 20 of the old Vientiane Kips. But if the Laotian economy is to flourish, the country must try and increase the flow of goods across the Mekong River from Thailand.

  • Tags

  • Data

    Film ID:
    VLVA99WC7TTW2H1GLEXMJCUQZPV7I
    Media URN:
    VLVA99WC7TTW2H1GLEXMJCUQZPV7I
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    17/08/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:57:00
    Time in/Out:
    /
    Canister:
    N/A

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