Lao People’s Democratic Republic : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

January 12, 2005

Electronic Access:

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Summary:

The staff report for the 2004 Article IV Consultation on Lao People’s Democratic Republic (PDR) highlights economic developments and policies. Lao PDR’s recent macroeconomic performance has been relatively encouraging. Although some headway has been made in reforming the state banks and state-owned enterprises, progress in mobilizing revenues and strengthening expenditure management has been slow, owing to capacity constraints and difficulty in advancing reforms in a decentralized fiscal structure. IMF staff encouraged the authorities to maintain progress in restructuring the two state banks, as both banks remain vulnerable.

Series:

Country Report No. 05/8

Subject:

English

Publication Date:

January 12, 2005

ISBN/ISSN:

9781451822533/1934-7685

Stock No:

1LAOEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

65

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