Lao People’s Democratic Republic : 2008 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

October 22, 2008

Electronic Access:

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Summary:

This 2008 Article IV Consultation highlights that Lao People’s Democratic Republic’s (PDR) economy has performed well in recent years, owing to generally stable macroeconomic conditions and a rapidly expanding natural resource sector. Real GDP growth has averaged more than 7 percent since 2004. Growth is projected to reach 7½ percent in 2008, driven by similar factors as last year, as well as higher mining output. The medium-term outlook for Lao PDR remains positive, but hinges on sound development of the resource sector and other steps to strengthen competitiveness.

Series:

Country Report No. 08/350

Subject:

English

Publication Date:

October 22, 2008

ISBN/ISSN:

9781451822632/1934-7685

Stock No:

1LAOEA2008005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

56

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