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Pha That Luang in Vientiane, Laos

Pha That Luang in Vientiane, Laos

Lao People's Democratic Republic Resident Representative Site

Resident Representative Office in Lao People's Democratic Republic

This web page presents information about the work of the IMF in Lao People's Democratic Republic, including the activities of the IMF Resident Representative Office. Additional information can be found on the Lao People's Democratic Republic and IMF country page, including IMF reports and Executive Board documents that deal with Lao People's Democratic Republic.

At a Glance : Lao People's Democratic Republic's Relations with the IMF

IMF Deputy Managing Director Mr. Shinohara's visit to Lao P.D.R.
January 30-31, 2013

IMF-JICA High-Level Conference on Economic Transformation and Inclusive Growth in Frontier Asia

Japan International Cooperation Agency - JICA International Monetary Fund - IMF

The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) held a conference on January 28, 2013, in Bangkok, Thailand, to discuss how Frontier Asia can move up the development ladder while ensuring that growth and jobs creation benefits all segments of society.
The conference was addressed by IMF Deputy Managing Director Naoyuki Shinohara, and included ministers, central bank governors and senior officials from Bangladesh, Bhutan, Cambodia, Lao PDR, Maldives, Mongolia, Myanmar, Nepal, Timor-Leste, and Vietnam. The Kyrgyz Republic also participated, and Bank of Thailand Governor Prasarn Trairatvorakul offered opening remarks.
Conference website: www.imf.org/frontierasia (includes papers presented).
See also: Conference program and press release.

News — Highlights

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World Economic Outlook; Coping with High Debt and Sluggish Growth

WEO presentation by Mr. John Bluedorn in Vientiane; October 2012 click for more

Resilience in Emerging Market and Developing Economies: Will It Last

By Abdul Abiad, John Bluedorn, Jaime Guajardo, and Petia Topalova with support from Angela Espiritu and Katherine Pan; October 2012 click for more

The Global Economy and Lao PDR

Presentation by Sanjay Kalra at the Bank of Lao PDR; Vientiane, Lao PDR; July 5, 2012 click for more

The EU Crisis: Lessons Learned and Implications for the Lao PDR

Presentation by Sanjay Kalra at the Ministry of Planning and Investment High-Level Seminar; Vientiane, June 15, 2012 click for more

Regional Economic Outlook

Read the Regional Economic Outlook: Asia and Pacific discusses the near-term outlook for the region. In Laotian. click for more

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Lao People's Democratic Republic and the IMF

Press Release: Statement by IMF Deputy Managing Director Naoyuki Shinohara at the Conclusion of his visit to Lao P.D.R.

January 31, 2013

Lao P.D.R. — 2012 Round Table Implementation Meeting

December 4, 2012

Lao People's Democratic Republic: Staff Report for the 2012 Article IV Consultation

October 18, 2012
Series: Country Report No. 12/286 click for more

Public Information Notice: IMF Executive Board Concludes 2012 Article IV Consultation with the Lao People's Democratic Republic

October 18, 2012
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. click for more

Statement by the Hon. Santiphab Phomvihane, Governor of the World Bank Group for Lao People's Democratic Republic

October 12, 2012
PDF File Size: 441Kb click for more

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

Growth in the Asia-Pacific region shows signs of improving as extreme risks emanating from advanced economies have receded and domestic demand remains resilient, supported by relatively easy financial conditions and robust labor markets. A small and gradual pick-up in growth to over 5¾ percent is projected in the course of 2013. Risks to the outlook from within the region, such as rising financial imbalances and asset prices in some economies, are coming clearer into focus. Although Asia’s banking and corporate sectors have solid buffers, monetary policymakers should stand ready to respond early and decisively to shifting risks, and macroprudential measures will also have a role to play. In many Asian economies, some fiscal consolidation could also rebuild the space needed to respond to future shocks and preempt potential overheating pressures from capital inflows. In particular, there is a growing need to make tax and spending policies more efficient. To sustain high growth rates and alleviate the “middle-income trap” across Emerging Asia, the policy agenda will vary by jurisdiction but will also often include strengthening infrastructure investment and reforming goods and labor markets. Click for more

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Resident Representative for Lao People's Democratic Republic

Sanjay Kalra
Sanjay Kalra
Resident Representative
E-Mail: SKALRA@imf.org