Lao People’s Democratic Republic : First Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria

Author/Editor:

International Monetary Fund

Publication Date:

March 20, 2002

Electronic Access:

Free Full text (PDF file size is 2659 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper assesses Lao People’s Democratic Republic’s First Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver of Performance Criteria. Performance in the first year of the PRGF arrangement has been generally satisfactory. Fiscal slippages through September 2001, owing to weaknesses in the early implementation of the decentralization initiative, were corrected in the December quarter, thus bringing the fiscal program back on track. For 2001/02, the program aims at GDP growth of at least 5 percent, and inflation at about 6 percent by year-end.

Series:

Country Report No. 02/65

Subject:

English

Publication Date:

March 20, 2002

ISBN/ISSN:

9781451822496/1934-7685

Stock No:

1LAOEA0032002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

81

Please address any questions about this title to publications@imf.org