Lao People's Democratic Republic [electronic resource] : Selected Issues and Statistical Appendix.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2002.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 02/207.
IMF Staff Country Reports; Country Report No. 02/207
Government document
1 online resource (73 p.)
Local subjects:
Balance of payments.
Bilateral creditor.
Bilateral donors.
Budget expenditures.
Budget projections.
Budget system.
Capital expenditure.
Capital expenditures.
Central bank.
Central government expenditure.
Classification of expenditures.
Commercial borrowing.
Commercial borrowings.
Commercial creditors.
Creditors data.
Currency composition.
Currency composition of exports.
Currency debt.
Current account.
Debt management.
Debt monitoring.
Debt outstanding.
Debt recording.
Debt relief.
Debt rescheduling.
Debt service.
Debt service obligations.
Debt service to exports.
Debt servicing.
Debt servicing capacity.
Debt stock.
Debt strategy.
Debt structure.
Debt sustainability.
Debt sustainability analysis.
Domestic financing.
Expenditure allocations.
Expenditure categories.
Expenditure commitments.
Expenditure data.
Expenditure decisions.
Expenditure management.
Expenditure management reform.
Expenditure management system.
Expenditure planning.
Expenditure plans.
Expenditure tracking.
External debt.
External debt indicators.
External debt management.
External debt stock.
External liabilities.
External public debt.
Government expenditure.
Higher expenditure.
Investment expenditures.
Long-term loans.
Multilateral creditors.
Multilateral loans.
Private bank.
Private banks.
Private debt.
Private external debt.
Private sector debt.
Public debt.
Public expenditure.
Public expenditure management.
Public expenditure review.
Public external debt.
Recurrent expenditures.
Stock-of-debt operation.
Total current expenditures.
Total expenditure.
Total external debt.
Lao People's Democratic Republic.
This Selected Issues paper examines the reform of state-owned banks and enterprises in Lao People’s Democratic Republic (Lao PDR). It highlights that recurring high levels of nonperforming loans of state-owned commercial banks have been caused by internal factors, including continued weak credit risk management, lack of skilled and experienced credit personnel, and poor credit culture. The paper outlines the recent and prospective improvements in public expenditure management, and briefly discusses the recent developments in expenditure by focusing on sectoral composition. The paper also summarizes the financial information on the hydroelectric power sector.
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