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 November 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 service, Debt sustainability, Debt sustainability analysis, Exchange rate devaluation, Exchange rates, External debt, Foreign exchange, Inflation, Prices, Public and publicly-guaranteed external debt, Public debt

Keywords: Debt service, Debt sustainability, Debt sustainability analysis, Exchange rate devaluation, Exchange rates, External sector statistics, Inflation, Public and publicly-guaranteed external debt

Publication Details

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