World Bank2014-08-252014-08-252006-11https://hdl.handle.net/10986/19629Lao PDR economic performance has continued to improve during 2006. Real GDP grew at 7.0 percent in 2005 and is now expected to be slightly higher at 7.3 percent in 2006. This growth is in large part due to foreign investment inflows in mining and hydro-power and growing mineral exports, but the share of non-mining contributions has increased this year, reaching 4.9 out of 7.3 percent. Agriculture, manufacturing and services sectors are expected to sustain growth, due to rising FDI in agriculture, manufacturing, and increasing trend in services (especially tourism). Inflation (of Consumer Price Index) has continued to remain in single digits: after rising early this year it has dropped remarkably during the last few months, to 5.5 percent in September and 3.7 percent in October 2006. This paper includes the following headings: introduction; part 1 recent economic developments -- the macroeconomic situation, elaboration and implementation of the Poverty Reduction Strategy; part 2 structural reforms -- public expenditure policy and management, reform of state-owned enterprises, financial sector reform, trade reform, and private sector development; and part 3 donor assistance to the reform agenda -- public sector governance; reform of state owned enterprises & financial sector; trade reform; and private sector, tourism development, and land reform.en-USCC BY 3.0 IGOACCOUNTINGACCOUNTING STANDARDSACCOUNTING SYSTEMSACCUMULATION OF ARREARSADBAGGREGATE BUDGETAGRICULTUREANNUAL AVERAGE RATEANNUAL REPORTINGAPPROPRIATIONSBANKING SECTORBANKING SYSTEMBILATERAL TRADEBUDGET ALLOCATIONSBUDGET DEFICITBUDGET ENVELOPEBUDGET EXECUTIONBUDGET LAWBUDGET PLANNINGBUDGET PREPARATIONBUDGET SUPPORTCAPACITY BUILDINGCAPITAL EXPENDITURECAPITAL EXPENDITURESCAPITAL SPENDINGCASH MANAGEMENTCASH POSITIONCENTRALIZATIONCHART OF ACCOUNTSCIVIL SERVANTSCIVIL SERVICECIVIL SERVICE REFORMCOMMERCIAL BANKSCONSUMER PRICE INDEXCOST-RECOVERYDEBTDEBT MANAGEMENTDEVELOPMENT STRATEGYDISSEMINATIONDOMESTIC SAVINGSDONOR ASSISTANCEDONOR COORDINATIONECONOMIC GROWTHECONOMIC PERFORMANCEEDUCATIONEIBELECTRICITYEMPLOYMENTEXCHANGE RATEEXPENDITURE POLICIESEXPENDITURE PROGRAMSEXPORTSEXTERNAL AUDITSEXTERNAL DEBTFINANCIAL ACCOUNTABILITYFINANCIAL INFORMATIONFINANCIAL INFORMATION SYSTEMFINANCIAL INSTITUTIONSFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT INFORMATIONFINANCIAL MANAGEMENT INFORMATION SYSTEMFINANCIAL PERFORMANCEFINANCIAL RESTRUCTURINGFINANCIAL SECTORFINANCIAL STATISTICSFINANCIAL SYSTEMFISCAL PRESSURESFISCAL STABILITYFISCAL YEARSFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFREE TRADEGDPGDP PER CAPITAGOVERNMENT BUDGETGOVERNMENT EXPENDITURESGOVERNMENT REVENUEGOVERNMENT REVENUESGROSS DOMESTIC PRODUCTHEALTHINCIDENCE OF POVERTYINDUSTRIAL DEVELOPMENTINFANTINFANT MORTALITYINFLATIONINSURANCEINTERNATIONAL ACCOUNTING STANDARDSINTERNATIONAL BANKINGINTERNATIONAL COOPERATIONLABOR FORCELEGAL FRAMEWORKLEGISLATIONLIFE EXPECTANCYLIVE BIRTHSLIVING CONDITIONSLOCAL GOVERNMENTMACROECONOMIC CONDITIONSMACROECONOMIC SITUATIONMACROECONOMIC STABILITYMANAGEMENT SYSTEMSMARKET ECONOMYMEDIUM TERM EXPENDITUREMEDIUM TERM EXPENDITURE FRAMEWORKMEDIUM-TERM EXPENDITUREMEDIUM-TERM EXPENDITURE FRAMEWORKMILLENNIUM DEVELOPMENT GOALSMINISTRY OF EDUCATIONMINISTRY OF FINANCEMINISTRY OF HEALTHMINISTRY OF INFORMATIONMONOPOLYNATIONAL PLANNINGNATIONAL PLANSNATIONAL PRIORITYNATURAL RESOURCESNET PRESENT VALUENEWSLETTEROPERATING COSTSPER CAPITA INCOMEPERFORMANCE ASSESSMENTPOLICY MAKERSPOLICY PROCESSESPOVERTY ERADICATIONPOVERTY ERADICATION STRATEGYPOVERTY REDUCTIONPOVERTY REDUCTION OBJECTIVESPOVERTY REDUCTION STRATEGIESPOVERTY REDUCTION STRATEGYPRESENT VALUEPRICE CONTROLSPRICE INDEXPRIVATE BANKSPRIVATE ENTERPRISESPRIVATE FIRMSPRIVATE INVESTMENTPRIVATE PROVIDERSPRIVATE SECTORPROCUREMENT OF GOODSPROGRAM IMPLEMENTATIONPROGRESSPROVISIONSPRUDENT FISCAL MANAGEMENTPUBLICPUBLIC ADMINISTRATIONPUBLIC DEBTPUBLIC EXPENDITUREPUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURE POLICYPUBLIC EXPENDITURE REFORMPUBLIC EXPENDITURE REVIEWPUBLIC FINANCEPUBLIC FINANCE MANAGEMENTPUBLIC FINANCESPUBLIC INVESTMENTPUBLIC INVESTMENT PROGRAMSPUBLIC SECTORPUBLIC SECTOR ACCOUNTINGREAL GDPRECURRENT EXPENDITURESREFORM AGENDAREFORM PROGRAMREFORM STRATEGYRESPECTREVENUE COLLECTIONREVENUE GRANTSREVENUE PROJECTIONSSANITATIONSCHOOL-AGE POPULATIONSERVICE DELIVERYSOCIAL INDICATORSSOCIAL SECTORSOCIOECONOMIC DEVELOPMENTSTATE ASSETSSTATE OWNED ENTERPRISESSTRUCTURAL REFORMSTRUCTURAL REFORMSTAXTAX BASETAX COLLECTIONTAX LAWTAX REVENUETECHNICAL ASSISTANCETELECOMMUNICATIONSTOTAL EXPENDITURETOTAL EXPENDITURESTOTAL REVENUETOTAL SPENDINGTRADE BARRIERSTRANSACTION COSTSTRANSITION ECONOMIESTRANSPARENCYTRANSPORTTRANSPORTATIONTREASURYTRUST FUNDSURBAN POPULATIONUTILITIESVALUE ADDEDWAGESWATER SUPPLYWORKING CAPITALWORLD HEALTH ORGANIZATIONWORLD TRADE ORGANIZATIONWTO10.1596/19629