IMF Staff Country Reports

Lao People’s Democratic Republic : 2017 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:

March 23, 2018

Electronic Access:

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

Summary:

Growth remains robust, supported by electricity exports, construction and services. Inflation is contained as food prices have fallen. High public debt and fiscal deficits pose a key risk, while negative macrofinancial feedbacks through the banking system could propagate external shocks. The authorities are moving to implement reforms consistent with past advice, including the integration of the Sustainable Development Goals (SDGs) in their 5-year plan, but further reforms are needed.

Series:

Country Report No. 18/84

Subject:

Article IV consultation reports Asia and Pacific Banking systems Economic indicators Exchange rate policy Financial stability Fiscal policy Fiscal reforms Lao P. D..R. Press releases Public debt Staff reports