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This 2019 Article IV Consultation with Lao People's Democratic Republic (P.D.R) analyses that after more than a decade of high growth with low inflation, country is solidifying its progress toward graduating from the Least Developed Country (LDC) status. However, more than one-fifth of the...
Persistent link: https://www.econbiz.de/10012108473
This 2017 Article IV Consultation highlights that the economy of Lao People's Democratic Republic continues to perform well, supported by a favorable external environment and strong flows of foreign direct investment from its dynamic neighbors. Growth in 2017 was supported by the expansion of...
Persistent link: https://www.econbiz.de/10011843964
The macroeconomic performance for Lao People’s Democratic Republic is encouraging, but underlying fragilities remain. Progress needs to be made on structural reforms. On the fiscal side, the immediate challenge is to avoid an unsustainable expansion of spending. The medium-term priority is to...
Persistent link: https://www.econbiz.de/10014404837
The staff report for the 2007 Article IV Consultation on the Lao People’s Democratic Republic (PDR) explains economic performance. Growth is robust and increasingly reliant on large export-oriented mining and hydropower projects. The economic outlook is promising, but the outcome clearly...
Persistent link: https://www.econbiz.de/10014405873
This 2023 Article IV Consultation discusses that in Lao People's Democratic Republic marked exchange rate depreciation following the global terms of trade shocks at the start of 2022 year brought high inflation and deteriorating living standards and caused substantial increases in the domestic...
Persistent link: https://www.econbiz.de/10015059428