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Lao People’s Democratic Republic An Illustrative Fiscal Strategy Consistent with the Seventh National Socio-Economic Development Plan

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  • Asian Development Bank (ADB)

Abstract

This report discusses some of the technical issues involved in formulating a multiannual fiscal strategy for the Lao People’s Democratic Republic. The strategy aims to achieve national growth and to reduce poverty, while maintaining sound government finances. It is important to address the overlapping accounts of the government and the country’s national socio-economic development plan. Thus, a detailed fiscal strategy is a valuable policy that can be the basis for dialogue and communication between the government and its stakeholders, such as foreign investors, international donors, and taxpayers.

Suggested Citation

  • Asian Development Bank (ADB), 2012. "Lao People’s Democratic Republic An Illustrative Fiscal Strategy Consistent with the Seventh National Socio-Economic Development Plan," ADB Reports RPT125134, Asian Development Bank (ADB), revised 07 May 2013.
    • Handle: RePEc:asd:wpaper:rpt125134
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