IMF Staff Country Reports

Lao People's Democratic Republic: Recent Economic Developments

Publication Date:

July 8, 1996

Summary:

This paper reviews economic developments in Lao People’s Democratic Republic (PDR) during 1992–95. To highlight in more detail the factors that contributed to Lao PDRs macroeconomic performance during 1992–95, the paper analyzes the developments in macroeconomic variables and policy actions. It also notes that real GDP growth, averaging about 7 percent during 1992–95, was attributable to a rapid expansion of manufacturing, construction, and tourism, as well as strong growth in agriculture in 1992 and 1994.

Series:

Country Report No. 1996/054

Subject:

Agroindustries Banking Budget planning and preparation Commercial banks Economic sectors Exports Financial institutions Imports International trade Monetary base Public financial management (PFM)