European Parliament Library

Lao People's Democratic Republic :, Staff Report and Public Information Notice

Recent economic development and outlook of Lao are discussed in this study. However, the economy continued to exceed its macroeconomic speed limit in 2009, putting pressure on the balance of payments. The outlook for GDP growth in 2010 is favorable and inflation is likely to remain moderate. Discussions centered on policies required to maintain near-term macroeconomic stability and stem the decline in net foreign assets (NFA) of the banking system. IMF staff noted that the overall fiscal deficit should be put on a medium-term consolidation path
Table Of Contents
Cover; Contents; I. Recent Economic Developments and Outlook; Boxes; 1. Measures of Reserve Adequacy; II. Macroeconomic Policy Discussions; A. Fiscal Policy; B. Monetary and Exchange Rate Policy; 2. Credit Booms Around the World: Lessons for Lao P.D.R.?; C. Financial Sector Issues; 3. Is the Level of the REER Appropriate?; III. Structural Reforms and Other Issues; IV. Staff Appraisal; Figures; 1. Real and External Sector Developments; 2. Fiscal Developments; 3. Monetary Developments; 4. Monetary and Credit Developments; 5. Monetary and External 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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