## Mongolia: Staff Report for the 2005 Article IV Consultation

_IMF Staff Country Reports, November 15, 2005_

## Source details

**Canonical URL:** [Mongolia: Staff Report for the 2005 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/mongolia-staff-report-for-the-2005-article-iv-consultation-18686)

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## Bibliographic details
- Published: November 15, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451826876.002

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### Economic performance (2004–early 2005)
- Mongolia’s overall economic performance was stronger than expected and broad based in 2004 and early 2005.
- High growth reflected multiple sectoral contributions rather than a single source.

### Sectoral drivers of growth
- Rebound in the livestock sector following harsh winter shocks of 2000–01.
- Strong mining exploration and exports, boosted by a favorable environment of unusually high copper and gold prices.

### Inflation dynamics
- After several years of moderation, inflation accelerated, reaching 17½ percent through June 2005.
- Main near-term price pressures came from sharp increases in prices of fuels and meat in the past twelve months.

### Subjects and key thematic tags
- Banking
- Debt service
- Exports
- External debt
- Financial institutions
- International trade
- Loans
- Public debt

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mongolia-staff-report-for-the-2005-article-iv-consultation-18686_