Lao PDR Economic Monitor - Fiscal Policy for Stability : Thematic Session - Improving Revenue Mobilization (English)

Despite persistent macroeconomic instability, economic growth continued to recover in 2023, underpinned largely by a steady improvement in the service sector. GDP growth is forecast at 3.7 percent in 2023, slightly down from the projection in May 2023, primarily reflecting higher-than-expected kip depreciation and inflation, labor shortages, and unfavorable weather. Nevertheless, growth is still expected to have picked up in 2023, when compared to...

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Author

Keomanivone Phimmahasay;

Pedro Miguel Gaspar Martins;

Somneuk Davading;

Tanida Arayavechkit;

Viet Anh Nguyen;
Document Date
2023/11/30
Document Type
Report
Report Number
186195
Volume No
1
Country
Lao People's Democratic Republic,
Region
East Asia and Pacific,
Disclosure Date
2024/07/31
Disclosure Status
Disclosed
Doc Name
Lao PDR Economic Monitor - Fiscal Policy for Stability : Thematic Session - Improving Revenue Mobilization

Language

English

Rel. Proj ID

LA-Lao PDR macroeconomic, trade, and business environment analytics -- P179628

Major Sector

Industry, Trade and Services

Theme

Trade Facilitation and Trade Logistics,Economic Growth,Macroeconomic Simulation and Policy Analysis,Private Sector Development,Trade Policy,Regional Integration,Post Conflict Reconstruction,Macroeconomic Modeling,Structural Transformation and Reform,Business Enabling Environment, Fragility, Conflict, and Violence,Job creation,Trade,Jobs,Economic Policy

Sector

Trade

Topics

Macroeconomic Analysis of Economic Development,Macroeconomic Modelling and Statistics,Macroeconomic Monitoring,Macroeconomic Performance,Macroeconomic Stability and Growth,

Unit Owning

EFI-EAP-MTI-MacroFiscal-1 (EEAM1)

Version Type

Revised

Product Line

Advisory Services & Analytics

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Citation

Keomanivone Phimmahasay; Pedro Miguel Gaspar Martins; Somneuk Davading; Tanida Arayavechkit; Viet Anh Nguyen.

Lao PDR Economic Monitor - Fiscal Policy for Stability : Thematic Session - Improving Revenue Mobilization (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099120423041040145

Lao PDR Economic Monitor - Fiscal Policy for Stability : Thematic Session - Improving Revenue Mobilization (English)

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