Lao People's Democratic Republic: Selected Issues and Statistical Appendix

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 credi...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2002
Series:IMF Staff Country Reports Country Report No. 02/207
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Summary: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
Physical Description:1 Online-Ressource (73 p)
ISBN:1451822510
9781451822519

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