Mongolia: Staff Report for the 2005 Article IV Consultation

November 15, 2005

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Mongolia: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed September 19, 2024

Summary

This 2005 Article IV Consultation highlights that Mongolia’s overall economic performance was stronger than expected and broad based in 2004 and early 2005. Sectoral contributions to high growth included a rebound in the livestock sector from harsh winter shocks of 2000–01 and strong mining exploration and exports, boosted by a favorable environment of unusually high copper and gold prices. After several years of moderation, however, inflation has accelerated, reaching 17½ percent through June 2005, as prices of fuels and meat have increased sharply in the past twelve months.

Subject: Banking, Debt service, Exports, External debt, Financial institutions, International trade, Loans, Public debt

Keywords: August, Concessional terms, Core inflation, CR, Debt service, Exports, Global, Headline inflation, Headline inflation rate, ISCR, Loans, Petroleum product, Staff appraisal

Publication Details

Pages:

78
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/396
Stock No:

1MNGEA2005002
ISBN:

9781451826876
ISSN:

1934-7685

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