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Monumental public statue which dominates Ulaanbaatar 's central square, to the leader and warrior who is still hugely respected in Mongolia.

Monumental public statue which dominates Ulaanbaatar 's central square, to the leader and warrior who is still hugely respected in Mongolia. iStockphoto.

Mongolia Representative Site

Representative Office in Mongolia

This web page presents information about the work of the IMF in Mongolia, including the activities of the IMF Representative Office. Additional information can be found on the Mongolia and IMF country page, including IMF reports and Executive Board documents that deal with Mongolia.

News — Highlights

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IMF to Strengthen its Standing in Region, says new Asia Head

Interview with the new head of the IMF’s Asia and Pacific Department, February 24, 2014 click for more

The Group of Twenty IMF Note on Global Prospects and Policy Challenges

February 22-23, 2014 click for more

Regional Economic Outlook for Asia and Pacific

Update, October 2013 click for more

World Economic Outlook (WEO)

Transitions and Tensions; October 2013 click for more

Video: IMF Says Global Growth Patterns are Shifting

World Economic Outlook (WEO), October 2013 click for more

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Mongolia and the IMF

Transcript of the Asia and Pacific Department Press Briefing

October 10, 2014

Press Release: IMF Staff Concludes 2014 Article IV Mission to Mongolia

September 26, 2014

Press Release: Statement by Deputy Managing Director Naoyuki Shinohara at the Conclusion of his Visit to Mongolia

June 27, 2014

High-Level Conference on the Macroeconomic Outlook for Mongolia, Opening Remarks, Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund

June 25, 2014

Mongolia: 2013 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for Mongolia

March 6, 2014
Series: Country Report No. 14/64 click for more

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

Despite a weaker-than-expected first half of the year, the outlook for the Asia and Pacific region remains solid. The ongoing global recovery, while tepid, should support Asia's exports. Meanwhile, favorable financial and labor market conditions, as well as broadly accommodative policies, will continue to underpin domestic demand. GDP is forecast to grow by 5.5 percent for the third consecutive year in 2014, rising slightly to 5.6 percent in 2015. Financial dislocations associated with higher global interest rates, and protracted weak growth in advanced and emerging market economies are the main downside risks to the outlook. A sharper-than-anticipated downturn in China's real estate sector and less-effective-than-envisaged Abenomics in Japan would also adversely affect regional growth prospects. Geopolitical tensions could also disrupt trade and financial flows, with adverse effects on growth. Policymakers in the region should capitalize on the outlook to gradually rebuild policy space and push ahead with structural reforms to deliver sustainable growth. While there is no one-size-fits-all approach, fiscal consolidation should generally continue in a calibrated manner, especially where debt levels are higher, and monetary normalization should proceed particularly where inflation pressures are high or building up. Click for more