Lao People's Democratic Republic : Staff Report for the 2014 Article IV Consultation.

This 2014 Article IV Consultation highlights that the real GDP growth of Lao People's Democratic Republic is expected to moderate from 8 percent in 2013 to 7.5 percent in 2014. Domestic activity has slowed, and credit growth has declined from excessive levels. Inflation has declined to 3 percen...

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Bibliographic Details
Corporate Author: International Monetary Fund. Asia and Pacific Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Staff Country Reports; Country Report ; No. 2015/045
Online Access:Full text available on IMF
Description
Summary:This 2014 Article IV Consultation highlights that the real GDP growth of Lao People's Democratic Republic is expected to moderate from 8 percent in 2013 to 7.5 percent in 2014. Domestic activity has slowed, and credit growth has declined from excessive levels. Inflation has declined to 3 percent from 6.5 percent at end-2013, largely owing to weaker food and fuel price momentum. To address vulnerabilities, Executive Directors have emphasized the need for continued fiscal consolidation, greater exchange rate flexibility, tighter monetary conditions, strengthened financial supervision, and improved bank resolution and crisis prevention frameworks.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (71 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students