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
IMF Staff Country Reports, February 15, 2017
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- 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
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Bibliographic details
- Published: February 15, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475579451.002
Growth outlook and macroeconomic projections
- Real GDP growth is expected to moderate from 7.5 percent in 2015 to 7 percent in 2016.
- As growth continues to moderate in the near-term, inflation is projected to remain in low single digits.
External sector and current account
- The current account deficit is projected to widen to about 19 percent of GDP in 2017 owing to the execution of large infrastructure projects with foreign direct investment.
- Domestic activity has slowed following a less favorable external environment.
Financial sector and credit
- Credit growth has moderated from a high level.
Subject coverage and keywords (as listed)
- Subjects: Commercial banks, Economic and financial statistics, Exchange rates, External debt, Financial institutions, Foreign exchange, Government finance statistics, Public debt.
- Keywords: Commercial banks, CR, current account, debt, Exchange rates, Global, Government finance statistics, growth slowdown, IMF HQ team, ISCR, Lao authorities, Lao P.D.R. authorities, managed float, management law, Mekong, private sector development, sovereign bond.
Content in this bundle
- Country Report