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Lao PDR economic monitor (Inglês)

The Lao PDR economy continues to grow, but at a relatively slower pace as the impacts of the global financial turmoil are starting to be felt. Real gross domestic product (GDP) growth is expected to slow in 2008 to about 7 percent as result of the impacts of the global financial crisis. GDP growth is also projected to slow to between 5 and 6 percent in 2009. However, growth remains fairly strong and still driven by the ongoing hydropower projects as well as agro processing industries, construction and other services. The resource sector contributes over 2 percent and non-resource sectors another 5 percent to the growth rate in 2008. In addition to domestic consumption, medium-term growth will be sensitive to changes in global commodity prices (mainly metals and agriculture) as well as to demand and investment from neighboring countries (especially Thailand, China and Vietnam). It reports on recent economic performance (Part I), progress in the implementation of the Government's policy reform agenda (Part II), and donor activities in the relevant reform areas (Part III).


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    Atualizações e modelagem econômicas

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  • País

    República Democrática Popular do Laos,

  • Região

    Leste Asiático e Pacífico,

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  • Nome do documento

    Lao PDR economic monitor

  • Palavras-chave

    agriculture industry;fiscal impact;value added tax;debt to export ratio;public debt service;urban water supply sector;Public and Publicly Guaranteed;private sector water supply;private sector water operators;volatility of commodity prices;expenditures in priority sectors;high price of fuel;external public debt;current account balance;foreign direct investment;private sector credit;budget execution report;global financial crisis;export of goods;import of goods;current account deficit;water supply utility;education and health;national poverty line;social sector spending;supply and sanitation;external debt stock;fiscal transfer system;decline in poverty;incidence of poverty;domestic water tariff;energy and water;consumer price index;wages and salary;cost of transportation;per capita income;public finance resource;average domestic tariff;Public Expenditure Management;state owned enterprise;investment climate reform;risk of debt;debt sustainability analysis;trade in goods;sustainable energy sector;currency in circulation;underdeveloped financial sector;tax revenue collection;banking sector reform;law and development;state enterprise sector;rapid credit growth;annual tariff adjustment;water supply system;cost of debt;total public expenditure;nominal exchange rate;world development indicator;avian flu threat;Public Finance Management;infrastructure and services;natural resource sector;government revenue;Exchange Rates;copper price;food price;external balance;capital expenditure;mining revenue;broad money;fiscal performance;oil price;Fiscal policies;fiscal policy;commodity group;inflation rate;budget plan;financial turmoil;fiscal revenue;current expenditure;



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