Lao People's Democratic Republic Recent Economic Developments

This paper reviews economic developments in Lao People’s Democratic Republic during 1996. The paper notes that real GDP growth of nearly 7 percent was readied despite disappointing growth in the agricultural sector in the aftermath of the floods. It highlights that the significant reduction in infla...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews economic developments in Lao People’s Democratic Republic during 1996. The paper notes that real GDP growth of nearly 7 percent was readied despite disappointing growth in the agricultural sector in the aftermath of the floods. It highlights that the significant reduction in inflation in 1996 was brought about despite significant hikes in food prices as a result of those floods. The paper also indicates how the 1995/96 budget contributed to the financial tightening needed after the 1995 surge in inflation
Physical Description:110 pages
ISBN:9781451822403