Lao People’s Democratic Republic: Selected Issues

September 26, 2002

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Lao People’s Democratic Republic: Selected Issues, (USA: International Monetary Fund, 2002) accessed November 25, 2024

Summary

This Selected Issues paper examines the reform of state-owned banks and enterprises in Lao People’s Democratic Republic (Lao PDR). It highlights that recurring high levels of nonperforming loans of state-owned commercial banks have been caused by internal factors, including continued weak credit risk management, lack of skilled and experienced credit personnel, and poor credit culture. The paper outlines the recent and prospective improvements in public expenditure management, and briefly discusses the recent developments in expenditure by focusing on sectoral composition. The paper also summarizes the financial information on the hydroelectric power sector.

Subject: Capital spending, Debt service, Expenditure, External debt, Financial institutions, Nonperforming loans, Public debt

Keywords: Annual debt service, Asia and Pacific, Capital spending, Consumer goods, CR, Debt service, Enterprise, Global, Government, Import-export enterprise, ISCR, Lao national, Lao P.D.R., Lao P.D.R. authorities, Nonperforming loans, Staff estimate

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/207
Stock No:

1LAOEA0042002
ISBN:

9781451822519
ISSN:

1934-7685

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