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Lao PDR economic monitor (English)

In 2004, economic performance improved further: real GDP grew by a little over 6 percent and is expected to strengthen to 7 percent on the back of rising foreign investment inflows to mining and hydro-power as well as of growing mineral exports. Agriculture, manufacturing and services all did better last year. This paper includes the following headings: introduction; part 1 recent economic developments -- the macroeconomic situation, and implementation of the National Growth and Poverty Eradication Strategy (NGPES); part 2 structural reforms -- public expenditure policy and management, reform of state-owned enterprises, financial sector reform, trade reform, and private sector development; and part 3 donor assistance to the reform agenda -- public sector governance; reform of state owned enterprises & financial sector; trade reform; and private sector.


  • Author

    Davading,Somneuk, Matin,Kazi Mahbub-Al, Quintano, Francisco

  • Document Date


  • Document Type

    Economic Updates and Modeling

  • Report Number


  • Volume No


  • Total Volume(s)


  • Country

    Lao People's Democratic Republic,

  • Region

    East Asia and Pacific,

  • Disclosure Date


  • Disclosure Status


  • Doc Name

    Lao PDR economic monitor

  • Keywords

    water and sanitation authority;share of total spending;present value of debt;millennium development goal;life expectancy at birth;financial management information system;real per capita term;prudential regulation and supervision;Voice Over Internet Protocol;skill need;average for sub-saharan africa;tax and customs administration;Public Expenditure Management;fixed line;poverty reduction policy;international standard;water tariff;restructuring plan;improved water source;medium-term public expenditure;national poverty line;program coordination;education and health;incidence of poverty;export of goods;public expenditure program;commercial viability;decline in poverty;total debt service;exchange rate system;domestic investment;per capita income;public expenditure reform;share of revenue;current account balance;gross national saving;accumulation of arrears;increase in expenditure;poverty reduction objective;social sector spending;transparent public expenditure;salaries and wages;Public Expenditure Policy;transparency of information;risk management practice;domestic private bank;impact on performance;barrier to entry;cost of electricity;joint venture partner;rural infrastructure service;water supply company;access to telecommunication;state enterprise sector;reductions in cost;commercial bank lending;total public expenditure;consumer price index;private investment climate;state owned enterprise;minister in charge;South East;increase tariff;high oil price;public spending program;Environment and Trade;total revenue collections;medium-term expenditure plan;availability of resource;annual work plans;nominal interest rate;financial management personnel;banking sector;banking system;capital expenditure;tariff change;socio-economic development;Macroeconomic Stability;real gdp;public resource;asset quality;Public Employment;regional crisis;priority program;external partner;fiscal situation;external financing;reform measure;financial situation;Wage Bill;tariff policy;sector programs;capital spending;foreign bank;guiding principles;macroeconomic situation;current expenditure;financial restructuring;Financial Sector;mineral export;banking reform;legal framework;policy regime;private investor;transparent reporting;state budget;captive market;call rate;average inflation;donor activities;fiscal position;donor assistance;external reserve;narrow band;inflation rate;external funding;sector budget;iterative approach;consultative workshop;existing resources;telecommunications sector;mobile telecommunication;sector expenditure;national budget;government ownership;international ngos;targeted program;tariff increase;electricity export;urban water;international banking;internal policies;commercial loan;governance arrangement;restructuring strategy;electricity tariff;regulatory impediment;enforcement regime;movable asset;court intervention;agreed price;loan classification;system asset;Central Banking;pharmaceutical factory;competitive level;telecommunication sector;private entry;private operation;phone lines;telecommunication service;remote location;audit performance;international call;private contractor;private provider;budgetary subsidies;budgetary subsidy;private finance;tariff structure;water user;support policy;management function;Infant Mortality;child malnutrition;live birth;domestic petroleum;domestic saving;budget system;school-age population;expenditure planning;fiscal prudence;fiscal planning;Management Systems;procurement manual;governance reform;cross sectoral;cash plan;account payable;external support;wage increase;household survey;total wage;management process;improved public;government institution;education expenditure;delivering services;budgetary resource;anecdotal evidence;subsequent years;additional revenue;Procurement Framework;higher growth;fighting poverty;stabilization program;project costing;poverty-reduction strategy;macroeconomic condition;government revenue;export demand;consultative process;program account;social indicator



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Davading,Somneuk Matin,Kazi Mahbub-Al Quintano, Francisco

Lao PDR economic monitor (English). Lao PDR economic monitor Washington, D.C. : World Bank Group.