Mongolia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper Progress Report
November 15, 2005
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This Joint Staff Advisory Note reviews the Poverty Reduction Strategy Paper Progress Report for Mongolia. Recent economic developments have been broadly favorable. Real GDP growth exceeded 10.5 percent in 2004 and is expected to remain robust, at about 5.5 percent in 2005, with a recovery in livestock production and strong activity in the mining sector serving as the main drivers of growth. Fiscal performance has strengthened markedly, with the overall deficit narrowing to about 2 percent of GDP in 2004—the lowest level since the start of the transition in the early 1990s.
Subject: Budget planning and preparation, Health, Infrastructure, National accounts, Poverty, Poverty reduction strategy, Public financial management (PFM)
Keywords: Budget planning and preparation, CR, EGSPRS process, EGSPRS Progress Report, Global, government decision-making, government effectiveness, government information, government system, government transparency, Infrastructure, ISCR, Poverty reduction strategy, prudent approach, recognition of the role, State budget document, tax regime
Pages:
14
Volume:
2005
DOI:
Issue:
406
Series:
Country Report No. 2005/406
Stock No:
1MNGEA2005005
ISBN:
9781451826906
ISSN:
1934-7685
