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Lao Peoples Democratic Republic Technical Assistance Report Government Finance Statistics And Public Sector Debt Statistics
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Book Synopsis Lao People’s Democratic Republic: Technical Assistance Report-Government Finance Statistics and Public Sector Debt Statistics by : International Monetary
Download or read book Lao People’s Democratic Republic: Technical Assistance Report-Government Finance Statistics and Public Sector Debt Statistics written by International Monetary and published by International Monetary Fund. This book was released on 2021-11 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This technical assistance (TA) report on government finance statistics (GFS) covers the remote TA to the Ministry of Finance (MOF) during September 21–October 2 and December 14–18, 2020 and March 9–13 and April 19–23, 2021 (which was extended to May 2021). These peripatetic activities were conducted remotely due to the travel restrictions resulting from the COVID-19 situation. This report documents the main achievements from these activities. These activities were part of the GFS and Public Sector Debt Statistics (PSDS) project funded by the Government of Japan (JSA3) and implemented by the IMF Statistics Department (STA) and the IMF Capacity Development Office in Thailand (CDOT).
Book Synopsis Lao People’s Democratic Republic by : International Monetary Fund. Statistics Dept.
Download or read book Lao People’s Democratic Republic written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2022-07-29 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: In consultation with the Ministry of Finance (MOF) of Lao PDR, a virtual technical assistance (TA) mission supported by the IMF’s Asia and Pacific Department (APD) was conducted during October 4–29, 2021, by the IMF Statistics Department (STA) and the Capacity Development Office in Thailand (CDOT). This ongoing peripatetic capacity development mission was delivered virtually by the CDOT-based LTX with staggered remote meetings. The TA mainly worked with the Fiscal Policy and Law Department (FPLD) and the External Finance and Debt Management Department (EFDMD) on compilation of government finance statistics (GFS) and public sector debt statistics (PSDS) in line with international standards, as the agreed work plan with the authorities in the April/May 2021 TA mission.
Book Synopsis Lao People’s Democratic Republic by : International Monetary Fund. Statistics Dept.
Download or read book Lao People’s Democratic Republic written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2019-01-10 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: A technical assistance mission was conducted during July 2–13, 2018 to support measurement of Lao PDR’s national accounts statistics. The mission assisted with the development of a quarterly GDP time series, reviewed the published annual GDP time series, and developed recommendations to continue improving national accounts statistics compiled by the Lao Statistics Bureau (LSB). The mission built upon previous national accounts statistics missions conducted in April 2017 and January 2018.
Book Synopsis Lao People’s Democratic Republic by : International Monetary Fund
Download or read book Lao People’s Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-10-21 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Book Synopsis Lao People’s Democratic Republic by : International Monetary Fund
Download or read book Lao People’s Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-11-07 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Lao People's Democratic Republic by : International Monetary Fund
Download or read book Lao People's Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-07 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic development and outlook of Lao are discussed in this study. However, the economy continued to exceed its macroeconomic speed limit in 2009, putting pressure on the balance of payments. The outlook for GDP growth in 2010 is favorable and inflation is likely to remain moderate. Discussions centered on policies required to maintain near-term macroeconomic stability and stem the decline in net foreign assets (NFA) of the banking system. IMF staff noted that the overall fiscal deficit should be put on a medium-term consolidation path.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 : Total Pages :114 pages Book Rating :4.4/5 (2 download)
Book Synopsis Lao People's Democratic Republic by : International Monetary Fund. Asia and Pacific Dept
Download or read book Lao People's Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-05-22 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marked exchange rate depreciation following the global terms of trade shocks at the start of 2022 year brought high inflation and deteriorating living standards and caused substantial increases in the domestic currency values of public debt and bank liabilities. Nonetheless, growth continued, and the prospect is for a return to steady growth in 2023. But public debt is assessed to be unsustainable, and servicing government debt presents substantial risks to this outlook.
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781451822540 Total Pages :68 pages Book Rating :4.8/5 (225 download)
Book Synopsis Lao People's Democratic Republic: Selected Issues and Statistical Appendix by : International Monetary Fund
Download or read book Lao People's Democratic Republic: Selected Issues and Statistical Appendix written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-01-12 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix for the Lao People's Democratic Republic underlies debt sustainability analysis. Sensitivity analysis reveals that if the pace of economic reforms falters, the debt burden-high even in the baseline case-could become unsustainable. The low level of development and the high share of the subsistence agricultural sector limit the revenue collection capacity. Weak technical capacity and highly fragmented revenue administration are the main structural weaknesses affecting revenue performance.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1484348532 Total Pages :79 pages Book Rating :4.4/5 (843 download)
Book Synopsis Lao People’s Democratic Republic by : International Monetary Fund. Asia and Pacific Dept
Download or read book Lao People’s Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-03-23 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights that the economy of Lao People’s Democratic Republic continues to perform well, supported by a favorable external environment and strong flows of foreign direct investment from its dynamic neighbors. Growth in 2017 was supported by the expansion of electricity exports, construction activity and financial services, but moderated to 6.8 percent as a result of the prohibition on illegal logging, tighter credit conditions and fewer tourist arrivals. Looking ahead, the outlook is positive, with growth on the order of 7 percent per year. Downside risks stem from high public debt and deficits, pockets of weakness, and high dollarization in the banking sector, and a vulnerable external position with low gross international reserves.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1475579462 Total Pages :72 pages Book Rating :4.4/5 (755 download)
Book Synopsis Lao People's Democratic Republic by : International Monetary Fund. Asia and Pacific Dept
Download or read book Lao People's Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that the real GDP growth of Lao People’s Democratic Republic is expected to moderate from 7.5 percent in 2015 to 7 percent in 2016. Domestic activity has slowed following a less favorable external environment, and credit growth has also moderated from a high level. As growth continues to moderate in the near-term, inflation is projected to remain in low single digits. The current account deficit is projected to widen to about 19 percent of GDP in 2017 owing to the execution of large infrastructure projects with foreign direct investment.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1475513194 Total Pages :64 pages Book Rating :4.4/5 (755 download)
Book Synopsis Lao People's Democratic Republic by : International Monetary Fund. Asia and Pacific Dept
Download or read book Lao People's Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2012-10-18 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of generally sound policies and abundant natural resources, Lao P.D.R. has made impressive progress in developing its economy and reducing poverty. The key challenge going forward is to ensure that economic policy frameworks stay ahead of the curve to achieve sustainable and broad-based growth.
Book Synopsis Lao People's Democratic Republic by : International Monetary Fund
Download or read book Lao People's Democratic Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-01-12 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for the 2004 Article IV Consultation on Lao People’s Democratic Republic (PDR) highlights economic developments and policies. Lao PDR’s recent macroeconomic performance has been relatively encouraging. Although some headway has been made in reforming the state banks and state-owned enterprises, progress in mobilizing revenues and strengthening expenditure management has been slow, owing to capacity constraints and difficulty in advancing reforms in a decentralized fiscal structure. IMF staff encouraged the authorities to maintain progress in restructuring the two state banks, as both banks remain vulnerable.
Book Synopsis Maldives: Technical Assistance Report-Fiscal Transparency Evaluation by : International Monetary
Download or read book Maldives: Technical Assistance Report-Fiscal Transparency Evaluation written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-23 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting an ongoing commitment to enhancing fiscal transparency, Maldives is the first small island state, and the second country in Asia, to have undertaken a Fiscal Transparency Evaluation (FTE). The Government of the Maldives (GoM) recognizes the importance of transparency in fiscal management and in delivering on its ambitious policy agenda, while responding to current challenges within a tight fiscal environment. This report assesses fiscal transparency practices in Maldives against the first three pillars of the IMF’s Fiscal Transparency Code (FTC).
Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
Book Synopsis Proposed Asian Development Fund Grant and Technical Assistance Grant, Lao People's Democratic Republic by : Asian Development Bank
Download or read book Proposed Asian Development Fund Grant and Technical Assistance Grant, Lao People's Democratic Republic written by Asian Development Bank and published by . This book was released on 2007 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance by : El Bachir Boukherouaa
Download or read book Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :161635156X Total Pages :230 pages Book Rating :4.6/5 (163 download)
Book Synopsis Public Sector Debt Statistics by : International Monetary Fund
Download or read book Public Sector Debt Statistics written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-08 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.
