Lao People’s Democratic Republic: Selected Issues

International Monetary Fund

No 2002/207, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; Lao P.D.R.; enterprise; Lao P.D.R. authorities; consumer goods; Lao national; import-export enterprise; annual debt service; staff estimate; Debt service; Nonperforming loans; Capital spending; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 73
Date: 2002-09-26
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=16082 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2002/207

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().