The IMF's Technical Assistance Office for the Lao PDR and the Republic of the Union of Myanmar (TAOLAM) provides training and technical assistance to Lao PDR and Myanmar to improve economic management and prospects for sustainable economic growth. It achieves this through responding rapidly and flexibly to country demand for high-quality technical assistance (TA) and training in improving their macroeconomic management.
At a Glance
- Opened in Bangkok, Thailand in September 2012
- TAOLAM's two external donors: Thailand and Japan
- The Bank of Thailand hosts the TA Office and provides support for its operations
- Four resident advisors in public financial management, monetary operations, external statistics, and macroeconomics are financed under projects supported by the Japan Administered Account for Selected IMF Activities (JSA)
- TAOLAM works closely with other IMF offices in the region involved in capacity building, including the Regional Office for Asia and the Pacific in Tokyo and the Singapore Training Institute
Bank of Lao PDR Hosts the Second Annual Meeting of the Advisory Committee for the IMF Technical Assistance Office for Lao PDR and Myanmar Press Release No. 15/537, November 24, 2015
The International Monetary Fund (IMF) Technical Assistance Office for the Lao People’s Democratic Republic and the Republic of the Union of Myanmar (TAOLAM) continues to expand the breadth and reach of its activities through a range of tailor-made capacity building projects. They mainly aim at strengthening macroeconomic frameworks, monetary and fiscal operations, and macro-statistics in the beneficiary countries in support of their own reform priorities. ... Read More
IMF Technical Assistance Moves to Strengthen the Capacity of Officials in South East Asia on Macro-Financial Linkages and Diagnostics, Press Release No. 15/203, May 8, 2015
The International Monetary Fund (IMF)’s Technical Assistance Office for Lao P.D.R. and Myanmar (TAOLAM) in cooperation with the IMF’s Singapore Regional Training Institute (STI) organized a workshop from May 5-6 in Bangkok, Thailand, to help officials from Cambodia, Lao P.D.R, Myanmar and Vietnam build capacity in the areas of macro-financial linkages and diagnostics. ... Read More
Regional Economic Outlook
Growth in the Asia-Pacific economies is expected to decelerate slightly to about 5.3 percent during 2016–17, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 3, 2016. While Asia remains the engine of the global economy, the moderation in regional growth reflects the sluggish global recovery and slowing global trade. As external demand remains relatively subdued and global financial conditions have started to tighten, domestic demand is expected to be a major driver of activity across most of the region. The report finds that policy settings are appropriate across most of the region, but implementing structural reforms is critical to bolstering potential growth and reducing potential vulnerabilities. The report also covers China’s spillovers to Asia, implications of China’s rebalancing for trade, and inequality in the region.