10 In Laos, natural resources are valued for their direct contribution to the national GDP through export-driven growth in the agricultural, forestry, mining, and hydropower industries. Brochures and Flyers | June 2021. Disaster risk reduction in Lao PDR. ADB’s Economic Research and Regional Cooperation Department launched the ADB COVID-19 Policy Database on 20 April 2020. ASEAN; (/ ˈ ɑː s i ɑː n / AH-see-ahn, / ˈ ɑː z i ɑː n / AH-zee-ahn) officially the Association of Southeast Asian Nations, is an economic union comprising 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration among its members and other countries in Asia. Lao PDR has achieved notable success in recent years on some economic and social indicators, including sustained economic growth, a halving of poverty levels and improved ... Year National Socio-Economic Development Plan (2016–2020) (NSEDP) provide a clear ... the statistical systems that monitor it. Laos sits at the heart of mainland Southeast Asia, bordering Burma, Cambodia, China, Thailand and Vietnam. According to this vision, the goal is for Lao PDR to make the transition from a Least Developed Country (LDC) to a middle income country by 2030 3. While the Lao People’s Democratic Republic has responded well to the COVID-19 pandemic with 49 reported cases and no deaths as of 8 April 2021, the economic impact has been significant, with GDP growth declining from 5.2% in 2019 to -0.6% in 2020, increased debt burden and constrained budgetary space for essential expenditures. There is also a multi-year workplan, the Lao PDR UXO Plan for 2016–2020, which was approved in March 2016. The government’s revised penal code, promulgated in November 2018, was in effect in 2019. Bank of Lao PDR (BoL) and line ministry offices (as detailed in Section IV of the report). Five-Year National Social Economic Development Plan 2016-2020 … Lao PDR is highly vulnerable to climate and disaster risks. By Dr. Philip Dandolov. The slowing economic growth threatens to drive up the poverty rate of the country until at least 2022-23. This, along with loose monetary policy and other regulatory measures to promote credit expansion, drove a sharp increase in economic activity in late 2020. The Meeting was chaired by H.E. By the end of March 2020, the Lao National Chamber of Commerce and Industry (LNCCI) - the national focal point for businesses - initiated a survey to evaluate the economic impact of COVID-19, in close collaboration with provincial chambers and the Ministry of Industry and Commerce³. The City of Fort Worth's Office of the Police Oversight Monitor was first established in February 2020 pursuant to Fort Worth City Code Art. With the recent drastic measures taken by the government of the Lao PDR to control the spread of COVID-19 in the community, the economy is in a precarious position as trade, investment, tourism, and growth have come to an indeterminate halt. Furthermore, he considered the SME Development Plan 2016 – 2020 an excellent tool to prioritize, coordinate and monitor efforts to strengthen the development of Lao SMEs. It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, … Tarrant County Clerk's Office: 817-884-1195; Chambers of Commerce. Asian Development Bank and the Kyrgyz Republic: Fact Sheet. A fifth of all students do not complete school, due to financial barriers. Mrs. Khemmani Pholsena, Minister of Industry and Commerce, Lao COVID-19: The Lao PDR Government Announces New Economic Policy Measures. Its restaurants typically operate under the name Haidilao Hot Pot.Haidilao is the largest hotpot chain in China which is widespread through spicy broths and special services. Impact of COVID-19 on State Transportation Revenues. Laos’ economic growth over the last decade averaged just below eight percent, placing Laos amongst the fastest growing economies in the world. The country reached lower-middle-income status in 2011 and is on track to achieve the graduation criteria from least-developed country (LDC) status by 2020. JOINT MEDIA STATEMENT . No. Democracy was dealt a major blow in 2020. The Economic Development Department works with a variety of local and regional partners to help provide the most accurate information on several topics. The American Rescue Plan Act of 2021 is the third piece of federal legislation that provides substantial COVID-19 relief funding directly to colleges and universities. The paper is organized as follows. Economic growth has been accompanied by a reduction in poverty rates, but at a slower pace To monitor the social and economic impacts of the pandemic, the World Bank is conducting a series of COVID-19 Rapid Monitoring Phone Surveys in Lao PDR. About the European Union The interviews were conducted on April 5-7, 2011 and the national consultative meeting was on 8 April 2011. Economic growth in emerging East Asia will continue to moderate to 7.2% in 2012 from 7.5% in 2011—as growing sovereign debt problems in Europe and an anemic US economy raise the spectre of a deep global economic downturn, says the Asian Development Bank’s latest Asia Economic Monitor. “At the moment the medium-term outlook for Myanmar’s economy is positive, but there are significant downside risks due to the unpredictable evolution of the pandemic," said Mariam Sherman, World Bank Country Director for Myanmar, Cambodia and Lao PDR. The fi rst part presents the regional economic monitor, depicting the economic outlook and macroeconomic challenges in the region. Deglobalization is a somewhat imprecise term whose meanings can be subject to dispute. 2, § 2-27(1)(a) as a mechanism with which to provide oversight and accountability of the Fort Worth Police Department. The Economic Outlook for Southeast Asia, China and India is a regular publication on regional economic growth, development and regional integration in Emerging Asia. The sustainable use of natural resources has been referred to as “advancing human well-being without undermining ecological integrity”. The objectives of the Eighth National Socio-Economic Development Plan (2016–2020) are continued poverty reduction, graduation from least 2 talking about this. The COVID-19 pandemic has led to widespread human and economic losses. Almost 70% of countries covered by The Economist Intelligence Unit’s Democracy Index recorded a decline in their overall score, as country after country locked down to protect lives from a novel coronavirus. June 2020: Myanmar Economic Monitor Press Release (English, Myanmar) | Key Findings (English)| Report | Executive Summary | Presentation . Opinion - June 11, 2021. The second-round survey was conducted from February 26 to March 24, 2021, one year into the pandemic. Daily data updates are provided for exchange rates, equity markets, and emerging market bond indices. At over 322% of GDP, global debt is now 40 percentage points ($87 trillion) higher than at the onset of the 2008 financial crisis—a sobering realization as governments worldwide gear up to fight the COVID-19 pandemic. 

Sadok Jebnoun, an independent economic analyst and strategist, told Al-Monitor that Tunisia’s withdrawal from the list of high-risk countries would dispel European investors’ fears from investing in the country, especially in light of the anticipated economic crisis as a result of the coronavirus pandemic. Fort Worth Chamber of Commerce: 817-336-2491; Fort Worth Metropolitan Black Chamber of Commerce: 817-871-6538 inactive people in 2020. The country's Vision 2030 sees the Lao People’s Democratic Republic as a middle- to high-income country with balanced economic and social place. April 3, 2020. Regional economic integration is expected to lead to the ASEAN Economic Community (AEC) by the end of 2015, with the 10 ASEAN countries expected to transform into a single region with free movement of goods, services, investment, skilled labour and freer flow of capital. The NIPN initiative is an integral part of the Government nutrition programme, which is supported and implemented jointly by EU Delegation and UNICEF in the context of their Partnership for Improved Nutrition in the Lao PDR in support of the National Nutrition Strategy to 2025 and Plan of Action 2016-2020. The NAMA is designed with sustainable development ... households in Lao PDR by 2020. Laos - Government. Lao PDR will need to address a number of challenges to realize the benefits of [6] Statement of Lao PDR , Convention on Cluster Munitions Third Meeting of States Parties, Oslo, 12 September 2012; and Mine Ban Treaty Voluntary Article 7 Report (for up to end of 2010), Form J. The COVID-19 pandemic is harming health, social and economic well-being worldwide, with women at the centre. ... there was a sustained majority of support for independence throughout 2020. Lao PDR Economic Monitor. Nov 2020 - Dec 2020 Project: Hope and Black Lives Matter, two books of drawings by a collaboration of students in the Department of Design at UC Davis are included in the exhibition “Art. At the same time, the success of the SME Development Plan 2016 – 2020 depended on its effective implementation by all relevant public and private sector stakeholders. First and foremost, women are leading the health response: women make up almost 70% of the health care workforce, exposing them to a greater risk of infection. with the socio-economic development objectives of the host country. The second part consists of a special thematic chapter addressing a major issue facing the region. Blog. Notes from Monitor field mission to Lao PDR, 11–12 June 2015. The Economic Outlook for Southeast Asia, China and India is a regular publication on regional economic growth, development and regional integration in Emerging Asia. November 5, 2020 The significant improvement in the country’s trade performance in September 2020 suggests that the country’s approach to gradually reopen the economy, along with the strict observance of health protocols, puts us on the right track towards economic recovery, the National Economic and Development Authority said. A self-sufficient Local Economic Enterprise and by virtue of the Mun. Kim Neal, was appointed as the City of Fort Worth’s first Police Monitor in March 2020. Reopening after the first wave also played a role in Turkey's economic recovery. The coronavirus disease 2019 (COVID-19) public health pandemic has impacted social and economic activity in the state. Year of publication: 2020 Category: Global Reports Language: English Upload date: 2020-02-25 The Global Entrepreneurship Monitor (GEM) has been keeping its finger on the pulse of the state of entrepreneurship since 1999, both in terms of the state of the entrepreneurial mind-set, motivations, activities and ambition, and the national framework conditions required to allow … It provides information on the key economic measures that authorities are taking to combat the COVID-19 pandemic. New GEM 2020/2021 Global Report: 43% of Survey Respondents Know Someone Who Stopped a Business Due to the Pandemic Read more GEM Report: Diagnosing COVID-19 Impacts on Entrepreneurship - Exploring Policy Remedies for Recovery This post recaps the key elements of the first two rounds of relief funding, then describes the key elements of this third round. Estimated economic impact of vaccinations in 73 low- and middle-income countries, 2001–2020 Sachiko Ozawa a, Samantha Clark b, Allison Portnoy c, Simrun Grewal d, Meghan L Stack e, Anushua Sinha f, Andrew Mirelman g, Heather Franklin f, Ingrid K Friberg h, Yvonne Tam b, Neff Walker b, Andrew Clark i, Matthew Ferrari j, Chutima Suraratdecha k, Steven Sweet l, Sue J … Ord. Business license. On November 6, 2020, U.S. "Fiscal Monitor, October 2020" published on 14 Oct 2020 by International Monetary Fund. Turkey responded to COVID-19 with a large economic stimulus program, focused on credit channels. In 2011, 33% of Laotians lived in urban areas, compared with an average of 49% in Southeast Asian developing countries. Xiang Qian Lao currently works at the The Jockey Club School of Public Health and Primary Care, The Chinese University of Hong Kong. 3 Global GDP in 2019 using 2019 market exchange rates. To monitor the social and economic impacts of the pandemic, the World Bank Laos - ... 2020, when Lao PDR had just exited the first nationwide lockdown. 7 4. Opinion - May 28, 2021. The 2020 edition of … on, inter alia, the International Monetary Fund (IMF)’s economic forecasts from October 2020, the baseline scenario projects a continued loss in working hours of 3.0 per cent in 2021 relative to the fourth quarter of 2019, which corresponds to As it seeks to play a more prominent role in global affairs, including in ASEAN, Laos faces significant challenges stemming from its low-skilled workforce and economic vulnerability. While the Lao … Providing daily updates of global economic developments, with coverage of high income- as well as developing countries. Maternal and child mortality are high compared to other countries in Southeast Asia. developments in the region. The Lao PDR, a Southeast Asian nation with 6.8 million inhabitants, has experienced a strong economic growth that made it possible to move from a low-income to a low middle-income country . Lao PDR has a long term goal for national development which is set out in the 8th Five Year National Socio-economic Plan (2016-2020), with a Vision to 2030. Laos, officially the Lao People’s Democratic Republic (Lao PDR), is a rapidly growing developing economy at the heart of Southeast Asia, bordered by Burma, Cambodia, China, Thailand, and Vietnam. The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia.It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet … ADB’s country operations business plan, 2021–2023 for the Kyrgyz Republic focuses on supporting inclusive growth and economic diversification beyond the COVID-19 pandemic, improving access to public and social services, and leveraging regional cooperation and integration. Over the past decade, Lao PDR has seen high economic growth and poverty reduction. 1. Laos is a country in transition and has set a goal of graduating from Least Developed Country status by 2020. Among other effects, reduced business activity and stay-at-home orders have resulted in less driving.

Global debt across all sectors rose by over $10 trillion in 2019, topping $255 trillion. And yet, a fifth of the population continues to live around or below the national poverty line. COVID-19: The Deglobalization Amplifier. The Asia Regional Integration Center (ARIC) is an ongoing technical assistance project of the Economic Research and Regional Cooperation Department (ERCD).Following the 1997/98 Asian financial crisis and the contagion evident around the region, ADB was asked to use its knowledge-based expertise to help monitor the recovery and report objectively on potential vulnerabilities … 65/PM of 2016, on the approval of Priority Development Areas (2016–2020), inform land release prioritization. The Global E-waste Monitor 2020 provides the most comprehensive overview of the global e-waste challenge, explains how it fits into international efforts to reach the Sustainable Development Goals, and discusses how to create a sustainable society and circular economy. In 2020, ADB committed $477 million in sovereign loans and grants, and catalyzed an additional $281.3 million through cofinancing for Cambodia. THE TWELFTH CLMV ECONOMIC MINISTERS’ MEETING 24 August 2020, Videoconference . The GoL’s Eighth Five-Year National Socio-Economic Development Plan (2016-2020) highlights the upgrading of transport infrastructure to ASEAN standards, couple with associated development of logistics industry to be one among ... (2017). The United Nations Committee for Development Policy (CDP) announced on 26th February that having conducted the triennial review of all Least Developed Countries (LDCs), Lao PDR has been recommended for graduation with an extended 5-year … Haidilao International Holding Ltd., doing business as Haidilao (Chinese: 海底捞; pinyin: Hǎidǐlāo), is a chain of hot pot restaurants founded in Jianyang, Sichuan, China in 1994. Lao PDR is recommended to graduate in 2026 from the Least Developed Country Category with an extended preparatory period. Lao civil society improves advocacy with data visualization; VDO[Lao]: Prime Minister answers questions of the National Assembly on the 9th 5-year socio-economic development plan at the inaugural session of the National Assembly At the same time, women are also shouldering much of the burden at home, given … Introduction. As part of its approach, the US has taken steps to insulate its tech firms from intellectual property theft by competing Chinese firms, a practice that has generally been tied to forced technology transfers for foreign firms wishing to do business in China. The Twelfth Cambodia - Lao PDR - Myanmar - Viet Nam (CLMV) Economic Ministers’ Meeting (EMM) was held on 24 August 2020 via videoconference. Ambassador to the Lao PDR Dr. Peter M. Haymond presented 4,800 COVID-19 reagent kits and related supplies to the National… United States Hosts Indo-Pacific Business Forum Event in Laos It provides information on the key economic measures that authorities are taking to combat the COVID-19 pandemic. People’s Democratic Republic has seen rapid economic development in recent years. Natural Resources in Laos and the Sustainable Development Goals. The global death toll surpassed 950 000 in September 2020, and continues to rise (Johns Hopkins, 2020[1]).Government-imposed lockdowns and other public health measures to protect citizens from the virus have led to an economic downturn of a gravity unseen since the 1930s … ADB’s Economic Research and Regional Cooperation Department launched the ADB COVID-19 Policy Database on 20 April 2020. Restless Development supports the journey of a young person to become a leader and helps them multiply that leadership in their communities and around the world. The global average score fell to its lowest level since the index began in 2006. ADB’s lending pipeline for 2021—2023 includes $1.35 billion of concessional lending and $32.4 million in grants to support the country’s economic development and recovery from the COVID-19 pandemic. Every other week, presenters from one of IRENA’s teams – either alone or together with invited guests – will provide focused insights into opportunities, trends, best practices and innovative solutions to address challenges, signpost further sources of more in-depth information and provide an opportunity to engage with IRENA’s experts through Q&A sessions. Indyref2: An Economic Trial-by-Fire? Based on this assessment, Lao PDR is able to produce 15 of the 32 statistics in the core set of economic statistics at the required frequency. Section II briefly reviews the economic implications of … In this report we provide the Legislature context for the state’s homelessness crisis, provide an update on major recent state efforts to address homelessness, assess the Governor’s 2020‑21 homelessness plan, propose a framework to help the Legislature develop its own plan and funding allocations, and offer an alternative to the Governor’s 2020‑21 budget proposal. The US and China therefore see 5G leadership as a matter of economic and national security. While the Lao People’s Democratic Republic has responded well to the COVID-19 pandemic with 49 reported cases and no deaths as of 8 April 2021, the economic impact has been significant, with GDP growth declining from 5.2% in 2019 to -0.6% in 2020, increased debt burden and constrained budgetary space for essential expenditures. 27 p. The Disaster Risk Reduction (DRR) report provides a snapshot of the latest DRR progress Lao People’s Democratic Republic (Lao PDR) has achieved under the four priorities of the Sendai Framework. Historical ASEAN Economic Community where there is a free flow of goods, services, investment, and freer flow of capital, equitable economic development, and reduced poverty and socio-economic disparities in year 2020. Pro-independence support crested after the ‘Brexit’ vote in which a majority of Scottish people voted in favor of staying in the EU. The socio-economic development plan (2016–2020) and Agreement No. Lao PDR’s 2020 Vision and IPoA 1996: Lao National Statement: “…develop the country toward leaving out of LDC status by 2020 and reaching socio-economic development status that significantly higher than present level…” 2001: National 2020 Strategy Targets:-GDP increase 5 times of 1997 with average Malnutrition and stunting affect many children. Between 2015 and 2020, the Ministry of Health in the Lao PDR implemented a performance-based financing project. The estimated tax bill impact of passage of Proposition B and issuance of the proposed bonds and notes contained in this section is an approximation based on the Fiscal Year 2020/2021 property tax rate as well as assumptions about market and economic conditions and may be …

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