IMF Staff Country Reports

Lao People's Democratic Republic: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic

November 8, 2024

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Format: Chicago

International Monetary Fund. Asia and Pacific Dept "Lao People's Democratic Republic: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic", IMF Staff Country Reports 2024, 319 (2024), accessed December 21, 2024, https://doi.org/10.5089/9798400293283.002

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Summary

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.

Subject: Debt sustainability analysis, External debt, Foreign exchange, Public and publicly-guaranteed external debt, Public debt

Keywords: Article IV consultation discussion, Asia and Pacific, Debt sustainability analysis, Foreign exchange bureau, Global, Market-clearing exchange rate, Obtaining FX, Public and publicly-guaranteed external debt, Reference rate, USD rate

Publication Details

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