Development Finance for the 8th National Socio-Economic Development Plan and the Sustainable Development Goals in Lao PDR A DEVELOPMENT FINANCE AND AID ASSESSMENT Dr. Arounyadeth Rasphone Deputy Director General. DIC/MPI Vientiane, Lao PDR November 10th 2016

Outline Development finance flow in Lao PDR Global and Regional context of DFAA Rational of DFAA for Lao PDR Highlight of Results

Development Finance in Lao PDR 2000-2014 5 Years Plan for Development Investment

Global and Regional Context of the DFAA

Rationale of DFAA Provide an overall picture of the development financing context in Lao PDR, identify potential areas of alternative financing and partnerships Provide insights into the types of policies and institutional arrangements which will be required to manage full scope of development finance needed for 8th NSEDP and SDGs Provide key recommendations for formulating an integrated financing strategy for 8th and 9th NSEDP

Highlights of DFAA Lao PDR will need to focus in the coming period on not only attracting increasing volumes of development finance, but also ensuring that the utilization of such finance is undertaken with a view towards investments which tackle the challenges of inequality and poverty that the country faces Require coherent policies and institutional arrangements to align key finance flows behind national priorities Integrated National Financing Frameworks (INFFs) are seen as long-term and ambitious endeavors Concentrate on three strategic priorities: 1. leverage the private sector in support of achieving national development result; 2. ensure efficient and effective spending of public revenues; and 3. take a forward looking approach to utilize flows of external public finance

External Finance

Key Recommendations for Lao PDR 2016-2020

Thank you