Mongolia: Fifth and Sixth Reviews under the Stand-By Arrangement and Rephasing of Purchases
Electronic Access:
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Summary:
Despite the negative impact of the severe winter on agriculture, other indicators are pointing to a strong recovery. Exports are growing rapidly, fueled by the rebound in copper prices and a rapid growth in coal exports. Rephasing of purchases by combining the fifth and sixth reviews is requested owing to the delay in completing the fifth review, and earlier-than-planned Board discussion of the sixth review. The sixth review is the final review. The fiscal responsibility law will help secure a lasting fiscal discipline.
Series:
Country Report No. 2010/294
Subject:
Bank resolution Banking Commercial banks Exchange rates Financial crises Financial institutions Foreign exchange Inflation PFM legal and regulatory frameworks Prices Public financial management (PFM)
English
Publication Date:
September 20, 2010
ISBN/ISSN:
9781455208616/1934-7685
Stock No:
1MNGEA2010004
Pages:
29
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