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Lao Economic Monitor, April 2017 : Challenges in Promoting More Inclusive Growth and Shared Prosperity.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Economic Updates and Modeling
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Economic Forecasting.
- Economic Growth.
- Exchange Rates.
- Fiscal & Monetary Policy.
- Health Economics & Finance.
- Health Finance.
- Health, Nutrition and Population.
- Inflation.
- Macroeconomics and Economic Growth.
- Monetary Policy.
- Trade.
- Local Subjects:
- Economic Forecasting.
- Economic Growth.
- Exchange Rates.
- Fiscal & Monetary Policy.
- Health Economics & Finance.
- Health Finance.
- Health, Nutrition and Population.
- Inflation.
- Macroeconomics and Economic Growth.
- Monetary Policy.
- Trade.
- Other Title:
- Lao Economic Monitor, April 2017
- Place of Publication:
- Washington, D.C. : The World Bank, 2017.
- System Details:
- data file
- Summary:
- The Lao economy is estimated to have grown at around 7 percent in 2016, a slight moderation from 7.4 percent in the previous year. Inflation pressures remain low, though prices increased faster in the second half of the year as oil prices recovered. The fiscal deficit widened significantly in FY15/16 due to a revenue shortfall. Monetary policy was directed towards stimulating credit growth, with some success. The current account deficit improved in 2016. While the country has achieved strong economic development over the past decade, higher investment on human development, particularly on health services, has become one priority.
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