This web page presents information about the work of the IMF in Lao People's Democratic Republic, including the activities of the IMF Resident Representative Office. Additional information can be found on the Lao People's Democratic Republic and IMF country page, including IMF reports and Executive Board documents that deal with Lao People's Democratic Republic.
At a Glance: Lao's Relations with the IMF
- Current IMF membership: 190 countries
- Lao People's Democratic Republic joined the Fund in July 05, 1961
- Quota: SDR 52.90 million
- Outstanding Purchases and Loans: ECF Arrangements SDR 6.80 million
- The last Article IV Executive Board Consultation was on November 15, 2013
News and Highlights
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Money, Transformed: The Future of Currency in A Digital World
Finance and Development Magazine, June 2018
May 30, 2018
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World Economic Outlook Update, July 2017
The Global Economy Maintains Momentum
July 25, 2017
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What We Have Seen and Learned 20 Years After the Asian Financial Crisis
Blog by Mitsuhiro Furusawa
July 13, 2017
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Transparency Pays: Emerging Markets Share More Data
IMF Blog
July 7, 2017
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Joint IMF-Indonesia High-Level Conference
International Taxation in Asia: Issues and the Way Forward, July 12-13, 2017, Jakarta, Indonesia
June 7, 2017
Lao PDR and the IMF
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Public Sector Debt Statistics Mission: Lao People's Democratic Republic
July 17, 2024
Author/Editor:Deon F Tanzer
Series:High Level Summary Technical Assistance Report No. 2024/024 -
Government Finance Statistics Mission: Cambodia
July 17, 2024
Author/Editor:Irina Dubinina | Deon F Tanzer | Nadine Abou-Khaled
Series:High Level Summary Technical Assistance Report No. 2024/025 -
IMF Staff Completes 2024 Article IV Mission to Lao P.D.R.
May 29, 2024
An International Monetary Fund (IMF) delegation led by Mr. Alasdair Scott, Mission Chief for Lao P.D.R., conducted discussions in Vientiane with the authorities for the 2024 Article IV Consultation from May 16 to 29, 2024
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August 31, 2023
Series:Country Report No. 2023/319
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May 22, 2023
Series:Country Report No. 2023/171
April 29, 2024
Steady Growth amid Diverging Prospects
Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. Near-term risks are now broadly balanced, as global disinflation and the prospect of monetary easing have increased the likelihood of a soft landing. Spillovers from a deeper property sector correction in China remain an important risk, however, while geoeconomic fragmentation clouds medium-term prospects. Given the diverse inflation landscape, central bank policies need to calibrate policies carefully to domestic needs. Fiscal consolidation should accelerate to contain debt burdens and debt service cost, in order to preserve budgetary space for addressing structural challenges, including population aging and climate change.
Read the Report