Lao People’s Democratic Republic: An Illustrative Fiscal Strategy Consistent with the Seventh National Socio-Economic Development Plan

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Southeast Asia Department, ADB
Asian Development Bank (adb): Southeast Asia Department, ADB

No RPT125134, ADB Reports from Asian Development Bank (ADB)

Abstract: This report discusses some of the technical issues involved in formulating a multiannual fiscal strategy for the Lao People’s Democratic Republic. The strategy aims to achieve national growth and to reduce poverty, while maintaining sound government finances. It is important to address the overlapping accounts of the government and the country’s national socio-economic development plan. Thus, a detailed fiscal strategy is a valuable policy that can be the basis for dialogue and communication between the government and its stakeholders, such as foreign investors, international donors, and taxpayers.

Keywords: adb; asian development bank; asdb; asia; pacific; poverty asia; lao pdr; laos; fiscal strategy; tax revenue; nontax revenue; fiscal accounts; financial management; budget surplus; fiscal year; national socio-economic development plan; NSEDP7; fiscal reform; taxpayer; debt; value-added tax; vat; ministry of finance (search for similar items in EconPapers)
JEL-codes: G (search for similar items in EconPapers)
Pages: 74 pages
Date: 2012-12, Revised 2013-05-07
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http://www.adb.org/publications/lao-pdr-illustrati ... mic-development-plan (application/pdf)

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