Lao People’s Democratic Republic: Staff Report for the 2001 Article IV Consultation and Request for A Three-Year Arrangement Under the Poverty Reduction and Growth Facility

March 18, 2002

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Lao People’s Democratic Republic: Staff Report for the 2001 Article IV Consultation and Request for A Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2002) accessed November 27, 2024

Summary

This paper examines Lao People’s Democratic Republic’s 2001 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Over the past 18 months, the Lao authorities have acted decisively to reduce inflation from triple- to single-digit levels. Monetary and fiscal policies were tightened along the lines recommended in the 1999 Article IV Consultation. With these positive results, the authorities have now requested a new three-year PRGF arrangement to solidify macroeconomic stabilization and restart structural reform.

Subject: Banking, Budget planning and preparation, Commercial banks, Credit, Expenditure, Money, Poverty, Poverty reduction strategy, Public financial management (PFM)

Keywords: Budget planning and preparation, CR, Credit, East Asia, Global, Government, ISCR, Lao authorities, Poverty reduction strategy, Prudent monetary policy, Revenue performance, SOCB reform, Staff appraisal, State-owned commercial banks

Publication Details

Pages:

93
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/062
Stock No:

1LAOEA0022002
ISBN:

9781451822465
ISSN:

1934-7685

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