Lao People's Democratic Republic: Recent Economic Developments

January 31, 2000

Summary

This report discusses major developments in the Lao People’s Democratic Republic (PDR), and updates the statistical tables on recent economic developments and provides an overview of the real sector. Factors that have limited revenue collections and developments in the monetary and financial sectors have been presented. The paper discusses the weakness of monetary policy as well as the financial sector and recent efforts to reform the banking system. Foreign direct investment and foreign exchange regime in Lao PDR have been examined.

Subject: Balance of payments, Banking, Commercial banks, Exchange rates, Financial institutions, Foreign direct investment, Foreign exchange, Imports, International trade

Keywords: Asia and Pacific, bank rate, banking system, commercial bank, Commercial banks, CR, Exchange rates, Foreign direct investment, foreign exchange, Imports, ISCR, Lao authorities, Lao authority, Thai baht, U.S. dollar

Pages:
73
Volume:
2000
DOI:
https://doi.org/10.5089/9781451822427.002
Issue:
003
Series:
Country Report No. 2000/003
Stock No:
1LAOEA0012000
ISBN:
9781451822427
ISSN:
1934-7685

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