Lao People's Democratic Republic: Selected Issues and Statistical Appendix

January 12, 2005

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Lao People's Democratic Republic: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2005) accessed November 24, 2024

Summary

This Selected Issues paper and Statistical Appendix for the Lao People’s Democratic Republic underlies debt sustainability analysis. Sensitivity analysis reveals that if the pace of economic reforms falters, the debt burden—high even in the baseline case—could become unsustainable. The low level of development and the high share of the subsistence agricultural sector limit the revenue collection capacity. Weak technical capacity and highly fragmented revenue administration are the main structural weaknesses affecting revenue performance.

Subject: Debt service, Expenditure, External debt, Public and publicly-guaranteed external debt, Public debt, Revenue administration

Keywords: CR, Debt burden, Debt service, Debt stock indicator, GDP deflator, ISCR, Lao authorities, Public and publicly-guaranteed external debt, Revenue administration, Revenue effort, Revenue performance, Service-to-revenue ratio, SOE debt, Southeast Asia, Stock indicator, Sustainability analysis, Tax revenue, U.S. dollar

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/009
Stock No:

1LAOEA2005002
ISBN:

9781451822540
ISSN:

1934-7685

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