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This 2014 Article IV Consultation highlights that the real GDP growth of Lao People’s Democratic Republic is expected to moderate from 8 percent in 2013 to 7.5 percent in 2014. Domestic activity has slowed, and credit growth has declined from excessive levels. Inflation has declined to 3 percent from 6.5 percent at end-2013, largely owing to weaker food and fuel price momentum. To address vulnerabilities, Executive Directors have emphasized the need for continued fiscal consolidation, greater exchange rate flexibility, tighter monetary conditions, strengthened financial supervision, and improved bank resolution and crisis prevention frameworks.

Economic development --- Fiscal policy --- Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Tax policy --- Taxation --- Finance, Public --- Development, Economic --- Economic growth --- Growth, Economic --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Government policy --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Laos --- Lao People's Democratic Republic --- Sathalanalat Paxathipatai Paxaxôn Lao --- People's Democratic Republic of Laos --- République démocratique populaire Lao --- Lao PDR --- Lao-Issara --- Laosskai︠a︡ Narodno-Demokraticheskai︠a︡ Respublika --- Sāthālanalat Pasāthipatai Pasāson Lāo --- Phrarātsaʻānāchak Lāo --- LNDR --- Lanxang --- Lan Xang --- Lan Sang --- Lan Chang --- ʻĀnāchak Lāo --- RDP lao --- Sō̜. Pō̜. Pō̜. Lāo --- Sō̜pō̜pō̜ Lāo --- Lao P.D.R. --- Saathiaranarath Prachhathipatay Prachhachhon Lao --- Cộng hòa dân chủ nhân dân Lào --- Royaume du Laos --- French Indochina --- Economic conditions. --- RDP Lao --- Banks and Banking --- Exports and Imports --- Foreign Exchange --- Public Finance --- Statistics --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- General Aggregative Models: General --- International economics --- Public finance & taxation --- Econometrics & economic statistics --- Macroeconomics --- Banking --- Currency --- Foreign exchange --- Public debt --- External debt --- Debt sustainability --- Exchange rates --- Debt sustainability analysis --- Government finance statistics --- Economic and financial statistics --- Debts, External --- Debts, Public --- Finance --- National income --- Economic statistics