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1200 Kip FAO - 50 Years
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 1995 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Lao |
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| Reverse lettering | FOOD FOR ALL FAO 1945-1995 |
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| Additional information |
The FAO's 50th anniversary series prompted dozens of participating nations to issue commemoratives in 1995, most of them unremarkable. Laos had particular reason to participate — the country had relied heavily on FAO technical assistance programs through the 1980s and into the 1990s as it shifted away from collectivized agriculture following the economic reforms of 1986, known as the Chintanakan Mai or "New Thinking" policy.
Nickel-plated steel was the practical choice for a nation with limited hard currency reserves and no domestic minting infrastructure.