Download or read book Lao People s Democratic Republic 2007 Article IV Consultation written by Masahiko Takeda and published by . This book was released on 2007 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-11-07 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for the 2007 Article IV Consultation on the Lao People’s Democratic Republic (PDR) explains economic performance. Growth is robust and increasingly reliant on large export-oriented mining and hydropower projects. The economic outlook is promising, but the outcome clearly depends on the government’s policy response to the emerging resource bonanza. The current fiscal regimes for the resource sector have several sound features, but some improvements are needed to align them to best international practices.

Download or read book Lao People s Democratic Republic written by Daniel Citrin and published by . This book was released on 2008 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic Staff Report for the Article IV Consultation written by and published by . This book was released on 2007 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by International Monetary Fund and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by Masahiko Takeda and published by . This book was released on 2006 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2012-10-18 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of generally sound policies and abundant natural resources, Lao P.D.R. has made impressive progress in developing its economy and reducing poverty. The key challenge going forward is to ensure that economic policy frameworks stay ahead of the curve to achieve sustainable and broad-based growth.

Download or read book Lao People s Democratic Republic written by and published by . This book was released on 2009 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by Shogo Ishii and published by . This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic 2004 Article IV Consultation staff Report Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for the Lao People s Democratic Republic written by International Monetary Fund and published by . This book was released on 2005 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic 2004 Article IV Consultation written by Anthony Boote and published by . This book was released on 2005 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-11-07 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The macroeconomic performance for Lao People’s Democratic Republic is encouraging, but underlying fragilities remain. Progress needs to be made on structural reforms. On the fiscal side, the immediate challenge is to avoid an unsustainable expansion of spending. The medium-term priority is to mobilize revenues to enable Lao People’s Democratic Republic to meet its development needs, within a sustainable fiscal framework. Progress under the Public Expenditure Management Strengthening Program is essential to strengthen fiscal management. The country’s high debt burden requires prudent debt management.

Download or read book Lao People s Democratic Republic written by and published by . This book was released on 2002 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines Lao People’s Democratic Republic’s (Lao PDR) 2002 Article IV Consultation, Second Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver of Performance Criteria. Over the past 15 months, Lao PDR has made substantial progress under the PRGF-supported program. Program implementation has been effective, and the program remains broadly on track. All quantitative performance criteria were met except for the net domestic assets of the state commercial banks. On the macroeconomic side, the program for 2002–03 consolidates stabilization efforts.

Download or read book Lao People s Democratic Republic 2002 Article IV Consultation and Second Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria written by Fondo Monetario Internacional and published by . This book was released on 2002 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by Fondo Monetario Internacional and published by . This book was released on 2002 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by Fondo Monetario Internacional and published by . This book was released on 2002 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Lao People s Democratic Republic written by and published by . This book was released on 2013 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economic context. Growth was strong in 2012, and the economy is overheating from expansionary macroeconomic policies. The current account deficit has deteriorated significantly, a product of a currency appreciation in real effective terms, a growing fiscal deficit, and strong domestic demand. International reserves are inadequate for precautionary needs. Credit growth has declined, but remains excessive, raising financial stability concerns. Inflation is accelerating, and could become more broad-based. Outlook and risks. Growth is projected at 8 1/4 percent in 2013 before reverting toward potential of about 7 1/2 percent in the medium-term. Inflation is projected to remain elevated, a result of excess demand. A recent tightening of public wages should reduce the headline fiscal deficit to 4 percent of GDP in 2014, although the current account deficit is expected to remain high. FDI inflows should be vigorous, but reserve levels would remain inadequate. The economy is vulnerable to trading partners' growth and terms-of-trade shocks, and policy slippage. Banks' asset quality could also deteriorate. Policy focus. There was broad agreement that policies should be tightened to replenish international reserves and manage a soft landing while building the foundations for broader-based growth. Restoring economic stability is a key priority. Fiscal policy. A comprehensive medium-term budget strategy anchored around a nonmining fiscal deficit target of no more than 5 percent of GDP beginning this fiscal year would ensure debt sustainability and reduce existing vulnerabilities. Further tightening through revenue administration, public employee compensation restraint along with civil service reform, and possibly a VAT rate hike, will be needed. Monetary, exchange rate, and financial sector policies. The USD/kip exchange rate should move more flexibly in line with market conditions with a view toward gradually building up international reserves. Domestic monetary conditions should be tightened to moderate credit growth and inflation. Financial supervision requires strengthening, with prudential measures to reduce leverage and balance sheet mismatches. Building broader-based growth. Efforts to improve the business climate and accelerate legal compliance with the WTO will bolster trade integration and private-sector growth, enhance productivity in the nonresource sector, thereby improving economic resiliency. Public sector financial management reform will improve the quality of public spending. Upgrading health and education infrastructure will help reduce inequality"--Abstract.