IMF Staff Country Reports

Mongolia : First and Second Reviews Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Mongolia

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

December 21, 2017

Electronic Access:

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Summary:

A three-year arrangement for Mongolia under the Extended Fund Facility (EFF) was approved on May 24, 2017, in an amount equivalent to SDR 314.5054 million (435 percent of quota, or approximately $425 million). The arrangement forms part of a $5.5 billion multi-donor financing package that supports the authorities’ program of policy adjustment and structural reforms to stabilize the economy and lay the basis for sustainable, inclusive growth. The extended arrangement is subject to quarterly reviews though, because of delays, this is a combined first and second review.

Series:

Country Report No. 17/396

Subject:

Asia and Pacific Mongolia