European Parliament Library

Lao People’s Democratic Republic :, 2008 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; and Public Information Notice on the Executive Board Discussion

This 2008 Article IV Consultation highlights that Lao People’s Democratic Republic’s (PDR) economy has performed well in recent years, owing to generally stable macroeconomic conditions and a rapidly expanding natural resource sector. Real GDP growth has averaged more than 7 percent since 2004. Growth is projected to reach 7½ percent in 2008, driven by similar factors as last year, as well as higher mining output. The medium-term outlook for Lao PDR remains positive, but hinges on sound development of the resource sector and other steps to strengthen competitiveness
Table Of Contents
Cover; Contents; Executive Summary; I. Macroeconomic Developments; Boxes; 1. Recent Inflation in Lao P.D.R; II. Outlook and Risks; 2. Resource Sector: Medium-Term Outlook; III. Policy Discussions; A. Monetary and Exchange Rate Policy and Near-Term Stability; B. Fiscal Policy and Resource Management; C. External Viability and Competitiveness and Debt Sustainability; D. Banking Sector and State Enterprise Reforms; 3. Banking Sector Reform; E. Other Issues; IV. Staff Appraisal; Figures; 1. Real and External Developments; 2. Fiscal and Monetary Developments; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (58 p.)
Specific Material Designation
Form Of Item

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