Lao PDR Economic Monitor, January 2019: Macroeconomic Stability Amidst Uncertainty
Public outlays have been rationalized through tighter control of the public wage bill and downward adjustment of non-wage current spending. These measures offset higher interest payments and the increase in capital spending financed by external loans. Fiscal consolidation is estimated to have slowed...
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| Corporate Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2019
|
| Series: | World Bank E-Library Archive
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| Online Access: | Volltext |
| Summary: | Public outlays have been rationalized through tighter control of the public wage bill and downward adjustment of non-wage current spending. These measures offset higher interest payments and the increase in capital spending financed by external loans. Fiscal consolidation is estimated to have slowed the accumulation of public debt in 2018, though not enough to reverse the rising debt-GDP ratio, which is estimated to increase from 60.1 to 60.6 percent of GDP between 2017 and 2018 |
| Physical Description: | 1 Online-Ressource |
| DOI: | 10.1596/31243 |
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| indexdate | 2025-02-20T07:19:54Z |
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| spellingShingle | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_auth | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_exact_search | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_exact_search_txtP | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_full | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_fullStr | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_full_unstemmed | Lao PDR Economic Monitor, January 2019 Macroeconomic Stability Amidst Uncertainty |
| title_short | Lao PDR Economic Monitor, January 2019 |
| title_sort | lao pdr economic monitor january 2019 macroeconomic stability amidst uncertainty |
| title_sub | Macroeconomic Stability Amidst Uncertainty |
| url | https://doi.org/10.1596/31243 |
| work_keys_str_mv | AT worldbankgroup laopdreconomicmonitorjanuary2019macroeconomicstabilityamidstuncertainty |