Mongolia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, July 1, 2008
Source details
- Canonical URL
- Mongolia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
Other formats
Bibliographic details
- Published: July 1, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451826951.002
Summary
- The staff report for the 2010 Article IV Consultation underlies that in recent years, Mongolia’s economy has performed quite well.
- Inflation pressures reflected a relaxation of monetary and fiscal policies and large increases in prices for food and fuel.
- The debt service burden and international reserves are expected to remain at comfortable levels.
- Executive Directors welcomed the authorities’ purpose to review plans for the establishment of a development bank, taking account of the know-how elsewhere so as to avoid creating unfair competition in the financial sector.
Key findings and focal areas
- Debt burden
- Economic sectors, including the mining sector
- Education
- External debt
- Health
- Inflation
Keywords and technical terms (as provided)
- budget revenue
- Central Asia
- CR
- debt
- debt burden indicator
- ISCR
- minerals price
- Mining sector
- monetary policy
- Mongolia
- NPV
- real GDP
- rising prices
- sustainability framework