Debt-financed development and economic, social and cultural rights in Lao People's Democratic Republic

This report aims to analyse, in the context of significant foreign debt repayment obligations associated with large investment projects, the implications of limited domestic public finance on the government’s ability to finance inclusive and sustainable development, and more specifically the modalities with which increasing debt servicing costs, conditionalities and the associated investments, directly and indirectly affect budget allocations and expenditures for ESCR.