Lao People's Democratic Republic: 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, September 11, 2009
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- Canonical URL
- Lao People's Democratic Republic: 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
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Bibliographic details
- Published: September 11, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822649.002
Economic outlook and developments
- Growth is expected to moderate but remain fairly robust, supported by large projects in train, strong mineral exports, and expansionary policies.
- The largest impact has been on the mining sector, but delays in hydropower projects are also evident.
- Inflation is expected to remain low and stable, assuming no significant pickup in commodity prices.
Risks to macroeconomic stability
- Overly expansionary fiscal and credit policies pose a risk to macroeconomic stability.
Fiscal, financial, and external topics covered (as listed)
- Commercial banks
- Domestic debt
- External debt
- Financial institutions
- Public and publicly-guaranteed external debt
- Public debt
Keywords and indicators emphasized
- banking sector
- broad money
- Commercial banks
- CR
- current account
- debt ratio
- deficit
- Domestic debt
- FDI flow
- financing
- GDP
- GDP deflator
- Global
- ISCR
- Public and publicly-guaranteed external debt
- resource current account deficit