The Bank of the Lao PDR reported on a courtesy visit by International Monetary Fund (IMF) Regional Resident Representative Jochen M. Schmittmann, during which the IMF introduced Yury Achkasov as the new expert supporting the central bank’s technical assistance programme on monetary policy implementation. Discussions with Deputy Governor Arun Bounyang, in his capacity overseeing monetary stability work, reviewed results delivered to date and progress against the technical assistance work plan, including reported concrete outcomes from implementing IMF recommendations. The engagement also covered forthcoming work under the monetary policy implementation technical assistance programme as it transitions to the new expert.
Bank of the Lao 2026-03-02
Bank of the Lao PDR receives IMF regional representative visit introducing new monetary policy implementation technical assistance expert
The Bank of the Lao PDR hosted IMF Regional Resident Representative Jochen M. Schmittmann, who introduced Yury Achkasov as the new expert for the central bank's technical assistance programme on monetary policy implementation. Discussions with Deputy Governor Arun Bounyang reviewed progress and outcomes from IMF recommendations and outlined future work under the programme.