## Mongolia: 2013 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for Mongolia

_IMF Staff Country Reports, March 6, 2014_

## Source details

**Canonical URL:** [Mongolia: 2013 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for Mongolia](https://www.imf.org/en/publications/cr/issues/2016/12/31/mongolia-2013-article-iv-consultation-staff-report-press-release-and-statement-by-the-41400)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mongolia-2013-article-iv-consultation-staff-report-press-release-and-statement-by-the-41400/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/mongolia-2013-article-iv-consultation-staff-report-press-release-and-statement-by-the-41400/index.json)
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## Bibliographic details
- Published: March 6, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475572445.002

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### Overview and timeframe
- Covers economic developments and policies of Mongolia between 2003 and 2013.
- Focuses on balance-of-payments (BOP) pressures compounded by negative shocks to foreign direct investment (FDI) and coal exports.

### Key findings
- Balance-of-payments (BOP) pressures have intensified due to negative shocks to foreign direct investment (FDI) and coal exports.
- The banking sector exhibits multiple vulnerabilities that need to be addressed to stabilize the economy.
- Weaknesses in the business climate hinder investment and economic progress.

### Policy recommendations and priorities
- Address banking sector vulnerabilities and financial institution weaknesses to restore stability.
- Improve the business climate to encourage private sector activity and investment.
- Launch and implement a new investment law to improve the business climate and encourage FDI inflows.

### Subject classifications and keywords
- Subjects: Banking, Debt sustainability analysis, External debt, Financial institutions, Fiscal policy, Loans, Public debt
- Keywords: Asia and Pacific, Central Asia, CR, DBM spending, debt service, Debt sustainability analysis, expansionary fiscal policy, FDI inflow, Global, investment, investment approval, investment stability, ISCR, Loans, Mongolia

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## Content in this bundle

- **IMF Country Report No. 14/64; Mongolia; November 1, 2013**
  - [IMF Country Report No. 14/64; Mongolia; November 1, 2013 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1464.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Country Report No. 14/64; Mongolia; November 1, 2013 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1464.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mongolia-2013-article-iv-consultation-staff-report-press-release-and-statement-by-the-41400_