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Lao People’s Democratic Republic: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

Progress in fiscal reforms, especially with regard to revenue mobilization, will require a broader reform of center-province fiscal relations in Lao People’s Democratic Republic. There are challenges ahead to restructure the state-owned commercial banks (SCB) and strengthen the banking system. Corporate governance of SCBs is still weak, hampered by the absence of a fully independent board of directors. The international advisors should continue to play an important role in the bank restructuring process. The note presents statistical data on economic indices of Lao People's Democratic Republic.

Suggested Citation

  • International Monetary Fund, 2006. "Lao People’s Democratic Republic: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2006/398, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2006/398
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    1. Richard Podpiera, 2006. "Progress in China’s Banking Sector Reform: Has Bank Behavior Changed?," IMF Working Papers 2006/071, International Monetary Fund.
    2. Mr. Olaf Unteroberdoerster, 2004. "Banking Reform in the Lower Mekong Countries," IMF Policy Discussion Papers 2004/005, International Monetary Fund.
    3. Mr. David Hauner & Mr. Shanaka J Peiris, 2005. "Bank Efficiency and Competition in Low-Income Countries: The Case of Uganda," IMF Working Papers 2005/240, International Monetary Fund.
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