Lao People's Democratic Republic : Staff Report and Public Information Notice

Publication Date: February 07, 2011
Electronic Access: Free Full text (PDF file size is 1,772KB).
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Summary: Recent economic development and outlook of Lao are discussed in this study. However, the economy continued to exceed its macroeconomic speed limit in 2009, putting pressure on the balance of payments. The outlook for GDP growth in 2010 is favorable and inflation is likely to remain moderate. Discussions centered on policies required to maintain near-term macroeconomic stability and stem the decline in net foreign assets (NFA) of the banking system. IMF staff noted that the overall fiscal deficit should be put on a medium-term consolidation path.
Series: Country Report No. 11/44
Subject(s): Banks | Credit expansion | Economic growth | Economic indicators | Staff Reports

Publication Date: February 07, 2011
ISBN/ISSN: 9781455216666/1934-7685 Format: Paper
Stock No: 1LAOEA2011001 Pages: 57
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