IMF Staff Country Reports

Lao People's Democratic Republic : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

February 15, 2017

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Growth remains strong, although it has slowed as the economy faces headwinds from major trading partners, low metals prices and a slowdown in agriculture. Inflation has risen slightly but remains contained. Domestic risks include a sustained reversal of fiscal consolidation, high public debt and weak public banks. On the external front, a tightly managed and overvalued exchange rate, low reserves and dollarization make Laos vulnerable to terms of trade shocks or capital flows reversals.

Series:

Country Report No. 17/53

Subject:

Article IV consultation reports Balance of payments statistics Banking sector Debt sustainability analysis Economic growth Economic indicators Fiscal consolidation Fiscal policy Flexible exchange rate policy Lao P. D..R. Millennium Development Goals Monetary policy Press releases Reserves accumulation Staff Reports