Mongolia: Staff Report for the 2006 Article IV Consultation
IMF Staff Country Reports, January 31, 2007
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- Mongolia: Staff Report for the 2006 Article IV Consultation
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Bibliographic details
- Published: January 31, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451826920.002
Macroeconomic performance (2005–06)
- Real GDP growth in 2005–06 is estimated at 7 percent.
- Macroeconomic performance in 2005–06 described as robust.
- Performance underpinned by:
- a run-up on copper and gold prices,
- declining inflation,
- budget and external current account surpluses.
Growth drivers and sectoral developments
- The mineral sector identified as a key engine of growth.
- Supporting factors noted:
- favorable weather conditions,
- buoyant recovery in the construction and services sectors.
- Growth pace noted as in line with the average since 2002.
Outlook and risks
- Mongolia’s medium-term outlook for sustained growth and poverty reduction characterized as broadly favorable, but subject to risks.
Thematic coverage and keywords
- Subjects: Budget planning and preparation, Economic sectors, External debt, Mining sector, Monetary base, Money, Public debt, Public financial management (PFM).
- Keywords (as listed): authority, budget expenditure reform, Budget planning and preparation, central bank, commodity price cycle, commodity price development, CR, debt, debt ratio, expenditure reform, ISCR, mineral wealth, Mining sector, Monetary base, Mongolian authorities, terms-of-trade shock.
Source: Mongolia: Staff Report for the 2006 Article IV Consultation; January 31, 2007; Pages: 60; Volume: 2007; Issue: 030; DOI: https://doi.org/10.5089/9781451826920.002; ISBN: 9781451826920.
Content in this bundle
- _cr0730 — Executive Summary