2025
LAO PDR
Technical Assistance Missions
2025
Technical Assistance Missions
March 31 – April 4, 2025: External Sector Statistics
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Renato Pérez, CDOT External Sector Statistics Advisor, provided technical assistance (TA) to the Bank of Lao P.D.R. (BOL). The mission focused on enhancing External Sector Statistics (ESS) by engaging with authorities on several topics, including remittances, travel services, construction services, direct investment (DI) compilation, and building consensus to establish the ESS Enhancement and the Trade of Goods Statistics Working Groups. | |
March 4 – 14: Forecasting and Policy Analysis Systems (FPAS)
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David Corvino, CDOT Macroeconomic Advisor, and IMF team conducted the fifth in-person mission in the first phase of FPAS TA to the Bank of Lao PDR (BOL). The mission provided technical assistance and training to support the BOL’s core group’s macro-economic projections and introduced new nowcasting techniques for quarterly macro indicators. The mission team also supported the BOL core team in refining the macroeconomic diagnostics frameworks, tools and the database. | |
March 4 - 13, 2025: Monetary and FX Operations
| Giorgi Barbakadze, CDOT Monetary and FX Operations Advisor, conducted technical assistance (TA) to the Bank of the Lao P.D.R (BOL) to enhance monetary operations framework. The BOL achieved a significant progress in implementing key recommendations from previous TA missions. The mission also identified next steps to further improve BOL’s liquidity management. |
January 27 – 31: Public Financial Management - Chart of Accounts
| Sha Wen, CDOT Treasury Advisor, conducted a one-week technical assistance (TA) to the State Budget Department of the Lao P.D.R. for implementing the newly approved Chart of Accounts (CoA) for the 2026 budgeting process. The mission finalized the draft manual for the economic segment of the CoA and the cash-based International Public Sector Accounting Standards (IPSAS) reporting templates as well as provided a training to the Accounting Regulatory Department (ARD) and State Budget Department (SBD), on the structure of the CoA’s economic segment and provided guidance on recording transactions of the complementary period and using other CoA segments to control unallocated funds. |
January 14 – 23: Monetary and FX Operations
| Giorgi Barbakadze, CDOT Monetary and FX Operations Advisor, conducted a one-week technical assistance mission as part of continued engagement with the Bank of the Lao P.D.R. (BOL) to enhance its monetary operations framework and identify next steps to further improve BOL’s liquidity management, especially to respond to a structural liquidity deficit scenarios due to the ongoing Treasury Single Account (TSA) reform. |
