IMF Office in Laos
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Resident Representative for Lao People's Democratic Republic
Jochen Schmittmann
Resident Representative
Office Information
Contact Information: 856-21-267 787
Jochen Schmittmann, Resident Representative
At a Glance: Lao's Relations with the IMF
- Current IMF membership: 191 countries
- Lao People's Democratic Republic joined the Fund in July 05, 1961
- Quota: SDR 52.90 million
- Outstanding Purchases and Loans: ECF Arrangements SDR 6.80 million
- The last Article IV Executive Board Consultation was on November 15, 2013
Resident Representative: Jochen M. Schmittmann
- Jochen M. Schmittmann is the Regional Resident Representative for the IMF Resident Offices in Vietnam, Cambodia and Lao PDR.
- Prior roles held by Jochen M. Schmittmann:
- Deputy Head of the IMF’s Regional Office for Asia and the Pacific in Tokyo.
- Desk Economist on the Japan team.
- Mission Chief for the Federated States of Micronesia.
- IMF’s Resident Representative in Singapore, covering Singapore, Malaysia, and Asian financial markets.
- Positions in the IMF’s Asia and Pacific, Western Hemisphere, Finance, and Monetary and Capital Markets departments.
- Member of the team managing the IMF’s investments.
- Research and academic credentials:
- Published on behavioral finance, climate finance, currency hedging, labor markets, and the economic impact of demographic change in Asia.
- Holds a Ph.D. in Financial Economics from Goethe University Frankfurt.
Activities, partnerships, and services
- The IMF Office in Lao PDR supports:
- The work of the IMF in Lao People's Democratic Republic, including activities of the IMF Resident Representative Office.
- Dissemination of IMF reports and Executive Board documents that deal with Lao People's Democratic Republic.
- Listed partner and relevant institutions:
- Asian Development Bank
- National Economic Research Institute
- Country Analytical Work
- IMF Resident Offices Around the World
- IMF Training for Government officials
- Technical Assistance Office for the LAO PDR and Myanmar
Regional context and recent update
- Event/publication dated: April 16, 2026.
- Key assessment:
- Asia’s economic resilience is being put to the test by the war in the Middle East and ensuing energy shock.
- Higher fuel prices are raising inflation and squeezing budgets.
- The situation exposes the region’s reliance on imported energy and the need to protect people and speed up reforms.