Lao People’s Democratic Republic : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 26, 2002

Electronic Access:

Free Full Text (PDF file size is 1879 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper examines the reform of state-owned banks and enterprises in Lao People’s Democratic Republic (Lao PDR). It highlights that recurring high levels of nonperforming loans of state-owned commercial banks have been caused by internal factors, including continued weak credit risk management, lack of skilled and experienced credit personnel, and poor credit culture. The paper outlines the recent and prospective improvements in public expenditure management, and briefly discusses the recent developments in expenditure by focusing on sectoral composition. The paper also summarizes the financial information on the hydroelectric power sector.

Series:

Country Report No. 02/207

Subject:

English

Publication Date:

September 26, 2002

ISBN/ISSN:

9781451822519/1934-7685

Stock No:

1LAOEA0042002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

73

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