Laos Post

Thursday, Nov 14, 2024

Lao PDR Strengthens Cooperation with IMF Amid ASEAN Summits

IMF delegation discusses macroeconomic development in Laos and the region
Deputy Prime Minister and Minister of Foreign Affairs Saleumxay Kommasith welcomed IMF Deputy Managing Director Kenji Okamura and his delegation during their visit to Vientiane on the sidelines of the 44th and 45th ASEAN Summits. The meeting, held from October 9-11, focused on enhancing cooperation in macroeconomic management.

DPM Saleumxay expressed his appreciation for the IMF’s long-standing support, particularly in providing policy advice and capacity-building assistance, which has helped stabilize Laos' economy. The visit further underscores the strong partnership between Laos and the IMF in fostering economic development both nationally and regionally.

The discussions highlighted the IMF’s ongoing commitment to supporting Laos' macroeconomic growth and regional cooperation.

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