Lao People's Democratic Republic : Staff Report for the 2012 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Asia and Pacific Department.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/286

IMF country report ; no. 12/286

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Laos.

Monetary policy.

Laos--Economic conditions.

Laos.

Physical Description:

1 online resource (65 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

Against the backdrop of generally sound policies and abundant natural resources, Lao P.D.R. has made impressive progress in developing its economy and reducing poverty. The key challenge going forward is to ensure that economic policy frameworks stay ahead of the curve to achieve sustainable and broad-based growth.

Contents:

Cover; CONTENTS; INTRODUCTION; ECONOMIC CONTEXT; A. Growth is Strong and Macroeconomic Policies Have Been on the Right Track; B. The Outlook is Favorable, but Domestic Risks are Elevated; MAINTAINING MACROECONOMIC STABILITY; BOXES; 1. Reserve Adequacy and Risks to External Stability; A. Monetary Policy: Supporting Sustainable Development by Slowing Credit Growth; 2. The Conduct of Monetary Policy in Lao P.D.R.; B. Financial Sector: Strengthening Supervision to Support Soundness; C. External Stability: Building a Reserve Cushion for Dealing with Adverse Shocks

D. Fiscal Policy: Creating Buffers for Future Spending3. Exchange Rate Assessment; BUILDING BROAD-BASED AND INCLUSIVE GROWTH; STAFF APPRAISAL; FIGURES; 1. Real and External Sector Developments and Outlook; 2. Monetary Developments; 3. Resource Sector Developments and Outlook; 4. Fiscal Sector Developments and Outlook; TABLES; 1. Medium-Term Macroeconomic Framework, 2009-17; 2. Balance of Payments, 2009-13; 3. General Government Operations, 2009/10-2012/13; 4. Monetary Survey, 2009-13; 5. Millennium Development Goals: Progress in Lao P.D.R; 6. Financial Soundness Indicators, 2007-11

7. Risk Assessment Matrix (RAM)LAO PEOPLE'S DEMOCRATIC REPUBLIC; INTRODUCTION; BACKGROUND AND ASSUMPTIONS; ASSUMPTIONS UNDERLYING THE DEBT SUSTAINABILITY ANALYSIS; DEBT SUSTAINABILITY; A. External Debt Sustainability Analysis; Box; Box 1. Baseline Scenario-Underlying Assumptions (2012-32); B. Public Sector Debt Sustainability; THE AUTHORITIES' VIEWS; CONCLUSION; Figures; Figure 1. Lao P.D.R.: Indicators of Public and Publicly Guaranteed External Debt under Alternatives Scenarios, 2012-2032; Figure 2. Lao P.D.R.: Indicators of Public Debt Under Alternative Scenarios, 2012-2032; Tables

Table 1. Lao P.D.R.: External Debt Sustainability Framework, Baseline Scenario, 2009- 2032Table 2. Lao P.D.R.: Public Sector Debt Sustainability Framework, Baseline Scenario, 2009-2032; Table 3. Lao P.D.R.: Sensitivity Analysis for Key Indicators of Public and Publicly Guaranteed External Debt, 2012-2032; Table 4. Lao P.D.R.: Sensitivity Analysis for Key Indicators of Public Debt 2012-2032; CONTENTS; I. FUND RELATIONS; II. IMF-WORLD BANK COLLABORATION; III. RELATIONS WITH THE ASIAN DEVELOPMENT BANK; IV. STATISTICAL ISSUES

Notes:

"October 2012."

Description based on print version record.

ISBN:

9781475513219

1475513216

9781475513202

1475513208

9781283866743

1283866749

9781475513226

1475513224