IMF Staff Country Reports

Mongolia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Publication Date:

October 16, 2001

Electronic Access:

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Summary:

Mongolia has made great strides in fostering a market economy and promoting macroeconomic stability under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors welcomed this step, and stressed the need to improve economic governance, fiscal and monetary policies, and accelerate structural reforms. They appreciated the fiscal transparency and accountability, realistic budgeting, better treasury management, and the privatization and energy sector reform. They agreed that the government's reform program merits the support of the international community, and approved the request for a three-year arrangement under the PRGF.

Series:

Country Report No. 2001/182

Subject:

Arrears Budget planning and preparation Economic sectors Energy sector Expenditure External debt Public debt Public financial management (PFM)