Lao PDR: Fiscal Consolidation and Structural Reforms to Ensure Economic Stability and Recovery
Lao PDR’s economy is expected to recover gradually from the pandemic crisis, expanding by 3.5 percent in 2022.
Lao PDR’s economy is expected to recover gradually from the pandemic crisis, expanding by 3.5 percent in 2022.
Lao PDR’s economy is expected to recover gradually from the pandemic crisis, expanding by 3.5 percent in 2022.
The Lao PDR economy is expected to recover moderately in 2022, after two years of weak growth from 2020-2021 due to the pandemic.
Blessed with an abundance of natural resources, Lao PDR’s energy and mining sectors are among the key pillars of the country’s economic development.
Lao PDR’s growth in 2020 is expected to slow sharply due to the economic fallout from the COVID-19 pandemic, requiring strong government action to safeguard public health and to support the economy.
Lao PDR’s GDP growth in 2020 is expected to slow sharply due to the economic fallout from the COVID-19 pandemic.
AMRO staff pays a visit to the Bank of Lao PDR during the Annual Consultation Visit to Lao PDR, which was held from February 24, 2020 to March 3, 2020.
Lao PDR’s growth remains resilient, and given its expanding linkages to global value chains and financial markets, maintaining macroeconomic stability amid the challenging environment should be the top priority.
he 2019 Annual Consultation Report on Lao PDR provides an assessment of the state of the Lao PDR economy in 2019, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendations.
AMRO Director Dr Junhong Chang (fourth from left) and Chief Economist Dr Hoe Ee Khor (third from left) and the Lao PDR team pose with H.E. Deputy Prime Minister, Minister of Finance Mr. Somdy Douangdy (center) and LMOF staff after the courtesy meeting.