Lao People's Democratic Republic: Recent Economic Developments

This report discusses major developments in the Lao People's Democratic Republic (PDR), and updates the statistical tables on recent economic developments and provides an overview of the real sector. Factors that have limited revenue collections and developments in the monetary and financial sectors have been presented. The paper discusses the weakness of monetary policy as well as the financial sector and recent efforts to reform the banking system. Foreign direct investment and foreign exchange regime in Lao PDR have been examined.
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Volume/Issue: Volume 2000 Issue 003
Publication date: January 2000
ISBN: 9781451822427
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Business and Economics , Banks and Banking , Exports and Imports , ISCR , CR , U , S , dollar , Lao authority , bank rate , Lao authorities , banking system , commercial bank , foreign exchange , Thai baht , Exchange rates , Commercial banks , Foreign direct investment , Imports , Asia and Pacific

Summary

This report discusses major developments in the Lao People’s Democratic Republic (PDR), and updates the statistical tables on recent economic developments and provides an overview of the real sector. Factors that have limited revenue collections and developments in the monetary and financial sectors have been presented. The paper discusses the weakness of monetary policy as well as the financial sector and recent efforts to reform the banking system. Foreign direct investment and foreign exchange regime in Lao PDR have been examined.