Growth gathered momentum in 2023 on the back of recovering external demand, but exchange rate depreciation continues and inflation remains persistently high. Labor and FX shortages are intensifying. Public debt is assessed to be unsustainable, despite a tight fiscal stance. FX reserves remain low.
- DOI
- https://doi.org/10.5089/9798400293283.002
- ISBN
- 9798400293283
- ISSN
- 1934-7685
- Issue
- 319
- Pages
- 110
- Published in
- United States of America
- Series
- Country Report No. 2024/319
- StockNumber
- 1LAOEA2024001
- Volume
- 2024
Table of Contents
- Lao PDR - 2024 Article IV - BUNDLE - For Publication 5
- Lao PDR - 2024 Article IV - Staff Report - Bundle 5
- CONTEXT 8
- RECENT DEVELOPMENTS 8
- OUTLOOK AND RISKS 13
- POLICY DISCUSSIONS 17
- A. Fiscal Policy 17
- B. Debt Management and Financing Policy 19
- C. Monetary Policy 20
- D. Exchange Rate Policy 21
- E. Financial Sector Policies 22
- F. Structural Policies, Governance, and Data 24
- STAFF APPRAISAL 27
- Lao PDR - 2024 Article IV - Informational Annex - Bundle 67
- Fund Relations 68
- Information on the activities of other international financial institutions 70
- Lao PDR - 2024 Article IV - DSA - Bundle 71
- Public debt coverage 72
- Recent macroeconomic developments 77
- macroeconomic and DEbt forecasts 82
- country classification and determination of stress testS 89
- Debt sustainability 90
- A. External Debt Sustainability Analysis 90
- B. Public Sector Debt Sustainability Analysis 91
- Risk Rating and Vulnerabilities 91
- Authorities' views 93
- Lao PDR - 2024 - Article IV -BUFFED 24137 - For Publication - Updated -1
- Press Release - Lao P.D.R - Updated.pdf 1
- IMF Executive Board Concludes 2024 Article IV Consultation with Lao People’s Democratic Republic 2
