Lao People's Democratic Republic : 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Lao People's Democratic Republic
International Monetary Fund, Asia and Pacific Dept
This 2014 Article IV Consultation highlights that the real GDP growth of Lao People’s Democratic Republic is expected to moderate from 8 percent in 2013 to 7.5 percent in 2014. Domestic activity has slowed, and credit growth has declined from excessive levels. Inflation has declined to 3 percent from 6.5 percent at end-2013, largely owing to weaker food and fuel price momentum. To address vulnerabilities, Executive Directors have emphasized the need for continued fiscal consolidation, greater exchange rate flexibility, tighter monetary conditions, strengthened financial supervision, and improved bank resolution and crisis prevention frameworks
Year of publication: |
2015
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Institutions: | International Monetary Fund, Asia and Pacific Dept ; International Monetary Fund, Asia and Pacific Dept (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Wirtschaftslage | Macroeconomic performance | Laos | Schuldenmanagement | Debt management |
Saved in:
freely available
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