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| Name | Restoring Macroeconomic Stability to Support Recovery | Lao Economic Monitor April 2022 |
| Video Uploader | Video From World Bank |
| Upload Date | This Video Uploaded At 27-05-2022 20:37:10 |
| Video Discription | As the Lao economy begins its recovery from the worldwide slowdown caused by COVID-19, the country faces challenges caused by long-standing macroeconomic vulnerabilities, and by new pressures such as rising global commodity prices and sharp exchange rate depreciation. The latest Lao PDR Economic Monitor recommends restoring macroeconomic stability, chiefly by increasing both revenue collection and spending efficiency. The country also needs to strengthen debt management and transparency, to improve the stability of the financial sector through legal and regulatory tools, and to scale up targeted cash transfers to the poor. Learn more: https://www.worldbank.org/en/news/feature/2022/05/12/lao-pdr-economic-update-april-2022-restoring-macroeconomic-stability-to-support-recovery?cid=ECR_YT_Worldbank_EN_EXT ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org [GUjyCu90dw4] |
| Category | Nonprofits & Activism |
| Tags | world bank | international development | poverty | sustainable solutions | developing countries | prosperity | sustainable development | economic growth | development challenges | financing | policy advice | technical assistance | economic growth analytics | laos | east asia pacific | debt | macroeconomics | stability | Debt | rising prices | slowdown | macroeconomic imbalances | Lao People’s Democratic Republic | living standards | inflation |
