Mongolia : Second Post-Program Monitoring Discussions

Author/Editor:

International Monetary Fund

Publication Date:

March 7, 2012

Electronic Access:

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Summary:

This paper presents the second postprogram monitoring discussions on Mongolia’s economic developments. The Mongolian economy is undergoing a rapid expansion underpinned by strong commodity prices. Macroeconomic policies have been too expansionary, and the economy is overheating. A steady erosion of fiscal discipline, set against a backdrop of heightened global economic risks, has raised the risk of macroeconomic instability. There is an urgent need to reorient policies to contain overheating and strengthen the economy’s ability to endure deterioration in the global environment.

Series:

Country Report No. 12/52

Subject:

English

Publication Date:

March 7, 2012

ISBN/ISSN:

9781475502374/1934-7685

Stock No:

1MNGEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

39

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