Lao People's Democratic Republic: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic
Lao People's Democratic Republic: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lao People's Democratic Republic
Volume/Issue:
Volume 2024
Issue 319
Publication date: November 2024
ISBN: 9798400293283
$20.00
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Topics covered in this book
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Exports and Imports , Public Finance , Gender Studies , foreign exchange bureau , article IV consultation discussion , USD rate , obtaining FX , reference rate , market-clearing exchange rate , Public and publicly-guaranteed external debt , Debt sustainability analysis , Global , Asia and Pacific
Summary
Growth gathered momentum in 2023 on the back of recovering external
demand, but exchange rate depreciation continues and inflation remains persistently
high. Labor and FX shortages are intensifying. Public debt is assessed to be
unsustainable, despite a tight fiscal stance. FX reserves remain low.
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