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Article: WORLD BANK: Lao PDR Country Assistance Strategy reviewed by World Bank.
- Article from:
- M2 Presswire
- Article date:
- April 22, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-22 April 1999-WORLD BANK: Lao PDR Country Assistance Strategy reviewed by World Bank (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:210499
* The World Bank's Board yesterday reviewed the Country Assistance Strategy (CAS) for the Lao People's Democratic Republic for 1999-2002.
After a decade of relatively good macroeconomic and growth performance, and substantial progress on the structural reform agenda, the gains Lao PDR has made in reducing poverty are being threatened by the recent emergence of severe macroeconomic instability and a slowing down of the reform effort. While the East Asian regional financial crisis provided the initial ...