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.

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...

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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2002.
Edice:IMF Staff Country Reports; Country Report ; No. 2002/062
On-line přístup:Full text available on IMF
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Shrnutí: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.
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ISSN:1934-7685
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