ADB-Lao PDR Partnership Strategy
The country operations business plan (COBP), 2017-2019 for the Lao People’s Democratic Republic (Lao PDR) extends the country partnership strategy (CPS), 2012-2016. Following discussions with the Government of Lao PDR, it also reflects the eighth National Socio-Economic Development Plan (NSEDP), 2016-2020.
The next CPS, 2017-2021 will support inclusive and sustainable growth through three strategic priorities:
- income and employment generation,
- enhanced human development, and
- sustainable natural resource management and climate resilience.
The COBP, 2017-2019 updates the COBP, 2016-2018, reflects the program agreed with the government, and supports the priorities identified in the CPS, 2017-2021. In response to the government’s request for ADB assistance, the COBP, 2017-2019 country assistance results areas include industry and trade as a priority sector. The COBP supports the implementation of the Greater Mekong Subregion (GMS) Economic Cooperation Strategic Framework, 2012–2022.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.