Lao People's Democratic Republic

Abstract

Cover -- CONTENTS -- RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- PUTTING DEBT ON A SUSTAINABLE PATH WHILE MEETING DEVELOPMENT NEEDS -- REBUILDING RESERVES AND SAFEGUARDING MACRO-FINANCIAL STABILITY -- PROMOTING COMPETITIVENESS AND INCLUSIVE GROWTH -- STAFF APPRAISAL -- BOXES -- 1. Belt and Road Initiative -- 2. Medium-Term Revenue Needs to Meet Strategic Priorities -- 3. Profit Tax Incentives -- FIGURES -- 1. Resource-Based Growth Remains Robust and Inflation is Contained -- 2. Creating Fiscal Space for Social Development -- 3. Credit Growth has Declined and Risks have Accumulated -- 4. Improving the Investment Climate -- TABLES -- 1. Selected Economic Indicators, 2015-20 -- 2a. Balance of Payments, 2015-24 (In billions of kip) -- 2b. Balance of Payments, 2015-24 (In percent of GDP) -- 3a. Central Government Operations, 2015-24 (In billions of kip) -- 3b. Central Government Operations, 2015-24 (In percent of GDP) -- 4. Monetary Survey, 2015-19 -- 5. Medium-Term Macroeconomic Framework, 2015-24 -- 6. Sustainable Development Goals -- APPENDICES -- I. Risk Assessment Matrix -- II. External Sector Assessment -- III. Coping with Natural Disaster Risks -- IV. Economic Diversification -- V. Economic Gains from Promoting Gender Equality -- VI. IMF Capacity Development -- VII. Fund's Past Advice -- CONTENTS -- FUND RELATIONS -- INFORMATION ON THE ACTIVITIES OF OTHER INTERNATIONAL FINANCIAL INSTITUTIONS -- STATISTICAL ISSUES.