Lao People's Democratic Republic: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Lao People's Democratic Republic
IMF Staff Country Reports, November 7, 2007
Source details
- Canonical URL
- Lao People's Democratic Republic: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Lao People's Democratic Republic
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Bibliographic details
- Published: November 7, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822588.002
Overview and purpose
- The staff report for the 2007 Article IV Consultation on the Lao People’s Democratic Republic (PDR) explains economic performance.
- Publication date: November 7, 2007.
- The report is part of IMF Staff Country Reports, Country Report No. 2007/360.
Economic performance and outlook
- Growth is robust and increasingly reliant on large export-oriented mining and hydropower projects.
- The economic outlook is promising, but the outcome clearly depends on the government’s policy response to the emerging resource bonanza.
Resource sector fiscal regimes and recommendations
- The current fiscal regimes for the resource sector have several sound features.
- Some improvements are needed to align them to best international practices.
Subjects and keywords
- Subject: Exchange rates, Expenditure, Export performance, External debt, Foreign exchange, International trade, Public debt
- Keywords: Asia and Pacific, CR, Exchange rates, Export performance, Global, government, government strategy, government's ability, growth, hydropower resource sector, IMF-Bank collaboration, ISCR, Lao P.D.R. economy, Mekong, resource, resource revenue