SOGEI website background

Fostering of Bond Markets in CLM with focus on debt problems in Lao P.D.R.

Fostering of Bond Markets in CLM with focus on debt problems in Lao P.D.R.

Since 2013, the Institute for International Monetary Affairs (IIMA) has been participating, as instructor and advisor, in the training program hosted by JICA that aim to foster the bond markets in CLM countries (Cambodia, Lao People’s Democratic Republic, and Myanmar) as part of the technical assistance projects under the Official Development Assistance (ODA) of the Japanese Government. In recent years, demands have been increasing in these countries for raising funds for improvement of infrastructures and development of industries, and the public debt outstanding has been on a rising trend.