Lao People's Democratic Republic


Book Description

The Joint Staff Assessment (JSA) of the Poverty Reduction Strategy Paper Preparation Status Report for the Lao People's Democratic Republic was prepared by the staff of both the World Bank and IMF. The JSA evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and considers whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and IMF, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative.







Lao People's Democratic Republic


Book Description

This Status Report summarizes the main steps that have been undertaken since the last progress report to finalize the National Poverty Eradication Program (NPEP) of Lao People's Democratic Republic. The NPEP is a comprehensive framework for growth and development, with a focus of an in-depth improvement of the poverty situation in the poorest districts. It is the government's operational planning instrument, based on active participation at all levels, to achieve growth and poverty eradication. The NPEP monitoring will be completed by a separate monitoring of the progress achieved toward the MDGs.




Lao People’s Democratic Republic


Book Description

This Joint Staff Advisory Note reviews the National Socio-Economic Development Plan (NSEDP) 2006–10 and the Annual Progress Report for Lao People’s Democratic Republic (PDR). The government of PDR approved the Sixth NSEDP 2006–10 (PRSP) in June 2006. The NSEDP provides a comprehensive strategy for development, with a range of medium- and long-term policies aimed at sustained growth and poverty reduction. IMF staff agrees with the poverty diagnosis in the NSEDP, but recognizes that achieving the Millennium Development Goals will require major efforts.




Lao People's Democratic Republic: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper


Book Description

The Joint Staff Advisory Note (JSAN) of the Poverty Reduction Strategy Paper Progress Report for the Lao People's Democratic Republic (PDR) reviews the strengths and weaknesses of poverty reduction objectives and strategies. The Lao PDR National Growth and Poverty Eradication Strategy (NGPES) is the first full poverty reduction strategy prepared by the government. The NGPES describes the participatory process underpinning the development of the strategy. Capacity constraints, weak governance, and a difficulty translating strategic objectives into concrete actions are the main obstacles to the reform process.













Lao People’s Democratic Republic


Book Description

This Annual Progress Report (APR) reviews the Poverty Reduction Strategy Paper for Lao People’s Democratic Republic (PDR). Noticeable improvements have also occurred in many economic, social, institutional, and legal development areas. While strengthening the management of the public sector and governance, the GoL is increasing public investment to develop physical and social infrastructure and promote human resources. The promotion of the private sector is receiving greater attention through significant improvements in the business climate and trade facilitation. Macroeconomic indicators are also evolving in a satisfactorily manner.




Lao People’s Democratic Republic


Book Description

Lao People's Democratic Republic (Lao PDR) showed commendable growth owing to its strong macroeconomic performance and structural reforms under the economic program. Executive Directors commended the fiscal performance, bank restructuring, and the private sector developments, and stressed the need to strengthen monetary and exchange rate policies. They welcomed the poverty reduction strategy and emphasized the need to accelerate structural reforms. They agreed that Lao PDR successfully completed the third review under the Poverty Reduction and Growth Facility (PRGF), and approved a waiver and an extension of the PRGF arrangement.