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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.

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: (includes papers presented).
See also: Conference program and press release.

News — Highlights


IMF’s Statement at 2014 Round Table Meeting

By Mr. Sanjay Kalra; Vientiane, Lao PDR; November 14, 2014 click for more

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

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Lao People's Democratic Republic and the IMF

Press Release: Bank of Lao PDR Hosts the Second Annual Meeting of the Advisory Committee for the IMF Technical Assistance Office for Lao PDR and Myanmar

November 24, 2015

Statement by the Hon. Samphao Phaysith, Governor of the IMF for Lao People's Democratic Republic

October 9, 2015
PDF File Size: 539Kb click for more

Press Release: IMF Technical Assistance Moves to Strengthen the Capacity of Officials in South East Asia on Macro-Financial Linkages and Diagnostics

May 8, 2015

Press Release: IMF Executive Board Concludes Article IV Consultation with Lao People’s Democratic Republic

February 26, 2015

Lao People's Democratic Republic: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Lao People's Democratic Republic

February 26, 2015
Series: Country Report No. 15/45 click for more

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

While Asia's growth has recently disappointed, the region is expected to grow at a steady 5.4 percent in 2015-16, remaining the global growth leader. Asia's growth should benefit from relatively strong labor markets and disposable income growth along with the ongoing gradual recovery in major advanced economies. Across most major Asian economies, lower commodity prices should help consumption. Negative risks to growth dominate, especially the possibility of a sharper slowdown in China or larger spillovers from the changing composition of China's demand. In addition, further U.S. dollar strength accompanied by a sudden tightening of global financial conditions, weaker growth in Japan, and weaker regional potential growth could also dim Asia's growth prospects. High leverage could amplify shocks, and lower commodity prices will also hurt corporate investment in key commodity-producing sectors. All in all, despite its resilient outlook, Asia is facing a challenging economic environment. This calls for carefully calibrated macroeconomic policies and a renewed impetus on structural reforms to facilitate investment and improve economic efficiency, bolstering economic resilience and potential growth. Click for more