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November 15, 2013
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Projected % Change
   2014  2015
Real GDP 7.4 7.2
Consumer Prices 5.5 5.3
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Lao People's Democratic Republic: Financial Position in the Fund

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Lao People's Democratic Republic and the IMF
Updated October 12, 2014

Show all items sorted by date | Annual Meetings Speeches (17) | Article IV Staff Reports (10) | Finance & Development (1) | IMFC Statements (2) | Joint Staff Assessments (2) | Letters of Intent (4) | News Briefs (4) | Poverty Reduction Strategy Paper (3) | Press Releases (10) | Public Information Notices (12) | Publications (28) | Speeches (4) | Statements at Donor Meetings (1) | Other (3) 
Annual Meetings Speeches
October 10, 2014 -- Statement by the Hon. Somphao Phaysith, Governor of the IMF for Lao People's Democratic Republic
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October 12, 2013 -- Statement by the Hon. Phouphet Khamphounvong, Governor of the World Bank for the Lao People's Democratic Republic
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October 12, 2012 -- Statement by the Hon. Santiphab Phomvihane, Governor of the World Bank Group for Lao People's Democratic Republic
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September 23, 2011 -- Statement by the Hon. Phouphet Khamphounvong, Governor of the World Bank Group for Lao People's Democratic Republic
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October 08, 2010 -- Statement by the Hon. Somdy Douangdy, Governor of the World Bank Group for Lao People's Democratic Republic
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October 06, 2009 -- Statement by the Hon. Phouphet Khamphounvong, Governor of the IMF for Lao People's Democratic Republic, at the Joint Annual Discussion
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October 13, 2008 -- Statement by the Hon. Viengthong Siphandone, Governor of the World Bank Group for Lao People's Democratic Republic, at the Joint Annual Discussion
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October 20, 2007 -- Statement by the Hon. Somdy Douangdy, Governor of the World Bank Group for Lao People's Democratic Republic, at the Joint Annual Discussion
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September 19, 2006 -- Statement by the Hon. Chansy Phosikham, Governor of the World Bank Group for the Lao People's Democratic Republic, at the Joint Annual Discussion
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September 25, 2005 -- Statement by the Hon. Chansy Phosikham, Governor of the World Bank for Lao People's Democratic Republic, at the Joint Annual Discussion
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October 03, 2004 -- Statement by the Hon. Somdy Douangdy, Governor of the World Bank for the Lao People's Democratic Republic, at the Joint Annual Discussion
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September 23, 2003 -- Statement by the Hon. Somdy Douangdy, Alternate Governor of the World Bank for the Lao People's Democratic Republic, at the Joint Annual Discussion
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September 29, 2002 -- Statement by the Hon. Soukanh Mahalath, Governor of the World Bank for the Lao People's Democratic Republic, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
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September 28, 2000 -- Statement by the Hon. Boungnang Vorachith, Governor of the World Bank for Lao People's Democratic Republic, at the Joint Annual Discussion
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September 30, 1999 -- Statement by the Hon. Boungnang Vorachith, Governor of the World Bank for the Lao People's Democratic Republic, at the Joint Annual Discussion
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October 08, 1998 -- Statement by the Hon. Cheuang SOMBOUNKHANH, Governor of the IMF for the Lao People's Democratic Republic, at the Joint Annual Discussion
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September 25, 1997 -- Statement by the Hon. Xaysomphone PHOMVIHANE, Governor of the World Bank for the Lao People's Democratic Republic, at the Joint Annual Discussion.
PDF File Size: 30Kb
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Article IV Staff Reports
December 20, 2013 -- Lao People's Democratic Republic: Staff Report for the 2013 Article IV Consultation
Series: Country Report No. 13/369
October 18, 2012 -- Lao People's Democratic Republic: Staff Report for the 2012 Article IV Consultation
Series: Country Report No. 12/286
September 11, 2009 -- Lao People's Democratic Republic: 2009 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
Series: Country Report No. 09/284
October 22, 2008 -- Lao People’s Democratic Republic: 2008 Article IV Consultation - Staff Report; Staff Supplement; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 08/350
November 07, 2007 -- Lao People's Democratic Republic: 2007 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Lao People's Democratic Republic
Series: Country Report No. 07/360
November 07, 2006 -- Lao People’s Democratic Republic: 2005 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
Series: Country Report No. 06/399
January 12, 2005 -- 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
Series: Country Report No. 05/8
October 07, 2002 -- 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--Staff Report; Staff Supplement; Public Information Notice and News Brief on the Executive Board Discussion; and Statement by the Executive Director for the Lao People's Democratic Republic
Series: Country Report No. 02/221
March 18, 2002 -- Lao People's Democratic Republic: 2001 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Lao People's Democratic Republic
Series: Country Report No. 02/62
March 18, 2002 -- Lao People's Democratic Republic: 2001 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Lao People's Democratic Republic
Series: Country Report No. 02/62
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Finance & Development
September 09, 1999 -- Finance & Development, September 1999 - Impact of Asia's Financial Crisis on Cambodia and the Lao PDR
By Ngozi Okonjo-Iweala, Victoria Kwakwa, Andrea Beckwith, and Zafar Ahmed: Studies of the impact of the East Asian financial crisis on Cambodia and the Lao PDR highlight the importance of macroeconomic management, particularly in the face of serious shocks.
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IMFC Statements
October 11, 2014 -- IMFC Statement by Dr. Prasarn Trairatvorakul, Governor, Bank of Thailand
On behalf of: Brunei Darussalam, Fiji, Indonesia, Cambodia, Lao People's Democratic Republic, Myanmar, Malaysia, Nepal, Philippines, Singapore, Thailand, Tonga, Vietnam. PDF File Size: 393Kb
September 17, 2006 -- IMFC Statement by Honorable Tan Sri Nor Mohamed Yakcop, Minister of Finance II, Malaysia
On behalf of: Brunei Darussalam, Fiji, Indonesia, Cambodia, Lao People's Democratic Republic, Myanmar, Malaysia, Nepal, Singapore, Thailand, Tonga, Vietnam. PDF File Size: 267Kb
April 22, 2006 -- IMFC Statement by The Honorable Awang Adek Hussin, Deputy Minister of Finance, Malaysia
On behalf of: Brunei Darussalam, Fiji, Indonesia, Cambodia, Lao People's Democratic Republic, Myanmar, Malaysia, Nepal, Singapore, Thailand, Tonga, Vietnam. PDF File Size: 35Kb
April 16, 2005 -- IMFC Statement by Honorable Burhanuddin Abdullah, Governor of Bank Indonesia
On behalf of: Brunei Darussalam, Fiji, Indonesia, Cambodia, Lao People's Democratic Republic, Myanmar, Malaysia, Nepal, Singapore, Thailand, Tonga, Vietnam. PDF File Size: 36Kb
October 02, 2004 -- IMFC Statement by Honorable M.R. Pridiyathorn Devakula, Governor of the Bank of Thailand
On behalf of: Brunei Darussalam, Fiji, Indonesia, Cambodia, Lao People's Democratic Republic, Myanmar, Malaysia, Nepal, Singapore, Thailand, Tonga, Vietnam. PDF File Size: 571Kb
September 21, 2003 -- Statement by the Honorable Mr. Jamaludin Jarjis, Minister of Finance II, Malaysia, Given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
Representing the constituency consisting of Brunei Darussalam, Cambodia, Fiji, Indonesia, Lao P.D.R., Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, and Vietnam.
April 12, 2003 -- IMFC Statement by Dato' Jamaludin Mohd Jarjis, Finance Minister II, Malaysia, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the constituency consisting of Brunei Darussalam, Cambodia, Fiji, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, Vietnam
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Joint Staff Assessments
July 12, 2002 -- Joint Staff Assessment of the PRSP Preparation Status Report
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 68Kb
April 06, 2001 -- Interim Poverty Reduction Strategy Paper - Joint Staff Assessment
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 550Kb
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Letters of Intent
August 28, 2003 -- Lao People's Democratic Republic -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, August 28, 2003
This Letter of Intent of the government of Lao People's Democratic Republic describes the policies that Lao People's Democratic Republic intends to implement in the context of its request for financial support from the IMF.
July 08, 2002 -- Lao P.D.R. -- Letter of Intent, Memorandum on Economic and Financial Policies, and Technical Memorandum on Program Monitoring, July 8, 2002
This Letter of Intent of the government of Lao PeopleÕs Democratic Republic describes the policies that Lao PeopleÕs Democratic Republic intends to implement in the context of its request for financial support from the IMF.
February 07, 2002 -- Lao People's Democratic Republic Letter of Intent, Supplementary Memorandum of Economic and Financial Policies, and Technical Memorandum on Program Monitoring, February 7, 2002
This Letter of Intent of the government of Lao PeopleÕs Democratic Republic describes the policies that Lao PeopleÕs Democratic Republic intends to implement in the context of its request for financial support from the IMF.
March 26, 2001 -- Lao P.D.R. Letter of Intent and Memorandum on Economic and Financial Policies, March 26, 2001
This Letter of Intent of the government of Lao P.D.R. describes the policies that Lao P.D.R. intends to implement in the context of its request for financial support from the IMF.
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News Briefs
September 04, 2002 -- News Brief: IMF Gives Final Approval of Second Review of Lao P.D.R.'s PRGF Loan
August 26, 2002 -- News Brief: IMF Completes Second Review of Lao P.D.R.'s PRGF-Supported Program and Approves In Principle US$6 Million Credit
February 25, 2002 -- News Brief: IMF Completes First Review of Lao P.D.R.'s PRGF Program and Approves US$5.6 Million Credit
November 29, 2001 -- News Brief: IMF, World Bank, ADB and UNDP Sponsor Regional Conference in Hanoi on National Poverty Reduction Strategies
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Other
July 19, 2006 -- Lao People's Democratic Republic - Assessment Letter for the Asian Development Bank and the World Bank
Subject: Economic conditions | Lao People's Democratic Republic | Asian Development Bank | World Bank
August 15, 2005 -- Lao People's Democratic Republic - Assessment Letter for the Asian Development Bank and the World Bank
Subject: Economic conditions | Lao People's Democratic Republic | Asian Development Bank | World Bank
March 10, 2005 -- Lao People's Democratic Republic - Assessment Letter for the Asian Development Bank and the World Bank
Subject: Economic conditions | Lao People's Democratic Republic | Asian Development Bank | World Bank
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Poverty Reduction Strategy Paper
October 20, 2003 -- Second East Asia and Pacific Regional Conference on Poverty Reduction Strategies Phnom Penh, Cambodia October 16-18, 2003
May 31, 2002 -- Lao People´s Democratic Republic Poverty Reduction Strategy Paper Preparation Status Report
PRSPs describe countries' macroeconomic, structural, and social policies to foster growth and reduce poverty in three-year economic adjustment programs supported by PRGF resources, as well as associated external financing needs and major financing sources.
March 20, 2001 -- Lao PDR-Interim Poverty Reduction Strategy Paper--Table of Contents
Describes countries' macroeconomic, structural, and social policies to foster growth and reduce poverty in three-year economic adjustment programs supported by PRGF resources, as well as associated external financing needs and major financing sources.
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Press Releases
November 26, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Lao People’s Democratic Republic
October 02, 2013 -- Press Release: IMF Concludes 2013 Article IV Mission to Lao P.D.R.
January 31, 2013 -- Press Release: Statement by IMF Deputy Managing Director Naoyuki Shinohara at the Conclusion of his visit to Lao P.D.R.
July 21, 2010 -- Press Release: Lao People's Democratic Republic Accepts IMF's Article VIII Obligations
December 01, 2004 -- Press Release: IMF Executive Board Reviews Lao People's Democratic Republic's Poverty Reduction Strategy Paper and Joint IMF-World Bank Staff Advisory Note
September 15, 2003 -- Press Release: IMF Completes Third Review of Lao P.D.R.'s PRGF-Supported Program and Approves US$6 Million Credit
July 09, 2003 -- Press Release: IMF Executive Board Reviews Noncomplying Disbursement to the Lao People's Democratic Republic
April 23, 2001 -- Press Release: IMF Approves in Principle Three-Year, US$40 Million PRGF Loan for Lao P.D.R.
May 08, 1996 -- Press Release: IMF Approves Third Annual ESAF Loan for Lao People's Democratic Republic
January 25, 1995 -- Press Release: IMF Approves Second Annual ESAF Loan for Lao People's Democratic Republic
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Public Information Notices
October 18, 2012 -- Public Information Notice: IMF Executive Board Concludes 2012 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 12, 2011 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with The Lao People’s Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 31, 2011 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 11, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 19, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 23, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 21, 2006 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 12, 2005 -- Public Information Notice: IMF Executive Board Concludes 2004 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 04, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with the Lao People's Democratic Republic
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 26, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with the Lao People's Democratic Republic
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 02, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Lao P.D.R.
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
July 07, 1998 -- Press Information Notice: IMF Concludes Article IV Consultation with Lao People’s Democratic Republic
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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Publications
August 19, 2011 -- Lao People’s Democratic Republic - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lao P.D.R.
Series: Country Report No. 11/257
February 07, 2011 -- Lao People's Democratic Republic-Staff Report and Public Information Notice
Series: Country Report No. 11/44
September 11, 2009 -- Lao People's Democratic Republic: Statistical Appendix
Series: Country Report No. 09/285
October 21, 2008 -- Lao People’s Democratic Republic: Statistical Appendix
Series: Country Report No. 08/340
October 21, 2008 -- Lao People’s Democratic Republic: Second Poverty Reduction Strategy Paper
Series: Country Report No. 08/341
October 21, 2008 -- Lao People’s Democratic Republic: Poverty Reduction Strategy Paper - Annual Progress Report
Series: Country Report No. 08/342
October 21, 2008 -- Lao People’s Democratic Republic: Joint Staff Advisory Note on the Second Poverty Reduction Strategy Paper and Annual Progress Report
Series: Country Report No. 08/343
November 07, 2007 -- Lao People’s Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 07/359
March 01, 2007 -- Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Some Implications for the Mekong-3 Countries
Author/Editor: Tumbarello, Patrizia
Series: Working Paper No. 07/53
November 07, 2006 -- Lao People’s Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 06/398
January 12, 2005 -- Lao People's Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 05/9
December 08, 2004 -- Lao People's Democratic Republic: Poverty Reduction Strategy Paper
Series: Country Report No. 04/393
December 08, 2004 -- Lao People's Democratic Republic: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper
Series: Country Report No. 04/394
September 01, 2004 -- Banking Reform in the Lower Mekong Countries
Author/Editor: Unteroberdoerster, Olaf
Series: Policy Discussion Paper No. 04/5
October 06, 2003 -- Lao People's Democratic Republic: Third Review Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Performance Criterion and Extension of the Arrangement--Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Lao People's Democratic Republic
Series: Country Report No. 03/308
October 06, 2003 -- Lao People's Democratic Republic: Joint Staff Assessment of the Poverty Reduction Strategy Paper Preparation Status Report
Series: Country Report No. 03/309
October 06, 2003 -- Lao People's Democratic Republic: Poverty Reduction Strategy Paper Preparation Status Report
Series: Country Report No. 03/310
September 26, 2002 -- Lao People's Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 02/207
March 20, 2002 -- Lao People's Democratic Republic: First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Executive Director for Lao People's Democratic Republic
Series: Country Report No. 02/65
March 20, 2002 -- Lao People's Democratic Republic: First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria--Staff Report; Staff Statement; News Brief on the Executive Board Discussion; and Statement by the Executive Director for Lao People's Democratic Republic
Series: Country Report No. 02/65
March 18, 2002 -- Lao People's Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 02/61
March 18, 2002 -- Lao People's Democratic Republic: Selected Issues and Statistical Appendix
Series: Country Report No. 02/61
January 31, 2000 -- Lao People's Democratic Republic: Recent Economic Developments
Series: IMF Staff Country Report No. 00/03
September 15, 1998 -- Lao People's Democratic Republic - Recent Economc Developments
Series: IMF Staff Country Report No. 98/77
August 13, 1997 -- Lao People's Democratic Republic
Series: IMF Staff Country Report No. 97/68
October 01, 1996 -- Macroeconomic Experiences of the Transition Economies in Indochina
Author/Editor: Dodsworth, John | Chopra, Ajai | Pham, Chi Do | Shishido, Hisanobu
Series: Working Paper No. 96/112
July 08, 1996 -- Lao P.D.R.--Recent Economic Developments
Series: IMF Staff Country Report No. 96/54
May 28, 1996 -- The Lao People's Democratic Republic - Systemic Transformation and Adjustment
Author/Editor: Otani, Ichiro | Pham, Chi
Series: Occasional Paper No. 137
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Speeches
November 03, 2009 -- Lao P.D.R.--Round Table Implementation Meeting, Statement by Mr. Benedict Bingham, IMF Senior Resident Representative in Lao
March 13, 2009 -- Lao P.D.R.-- Round Table Implementation meeting, Statement by Mr. Benedict Bingham, IMF Senior Resident Representative in Lao
June 26, 2006 -- Accelerating Development in the Mekong Region--The Role of Economic Integration, Opening Remarks by Mr. Takatoshi Kato, Deputy Managing Director, International Monetary Fund
At a seminar organized by the International Monetary Fund, the ASEAN Secretariat, and the Royal Government of Cambodia
October 16, 2003 -- Welcoming Remarks to the Second East Asia and Pacific Regional Conference on Poverty Reduction Strategies, David Burton, Director, Asia and Pacific Department, IMF
Given at a conference sponsored by The Asian Development Bank, the IMF, the United Nations Development Program, and the World Bank
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Statements at Donor Meetings
December 04, 2012 -- Lao P.D.R. — 2012 Round Table Implementation Meeting