Policy Papers

Mongolia—Assessment Letter for the Asian Development Bank

April 1, 2024

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International Monetary Fund. Asia and Pacific Dept "Mongolia—Assessment Letter for the Asian Development Bank", Policy Papers 2024, 010 (2024), accessed 12/5/2025, https://doi.org/10.5089/9798400272233.007

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Summary

This letter updates the assessment of Mongolia’s economic conditions since the conclusion of the IMF’s 2023 Article IV consultation on September 14, 2023. The assessment has been requested in relation to the program loan under the Asian Development Bank’s Policy Based Lending modality.

Subject: Environment, Exports, Imports, International trade, Monetary policy, Non-renewable resources, Political economy, Public debt

Keywords: DBM's governance, Economic growth, Exports, External balances, Fiscal policies, Global, headline inflation, IMF staff forecast, Imports, Inflation, Mineral exports, Non-renewable resources, PBOC swap line, stronger-than-expected commodity price, target band

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