Mongolia: Technical Assistance Report- Report on the National Accounts Mission

IMF Staff Country Reports, March 2, 2017

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This Technical Assistance Report evaluates the National Accounts Mission in Mongolia.
Mongolia’s national accounts statistics were found to be broadly adequate for IMF surveillance according to the most recent IMF Staff Report.
The National Statistics Office is commended for having compiled the existing GDP data and for continuing to implement the current international standard.
Several areas for further improvement in national accounts statistics should be incorporated into the work program.

National accounts statistics: broadly adequate for IMF surveillance as per the most recent IMF Staff Report.
National Statistics Office (NSO): commended for compiling existing GDP data and continuing implementation of the current international standard.
Institutional and operational gaps identified:
- Need to secure the National Statistics Office’s new institutional structure.
- Need to enhance the NSO staff’s skills mix.
- Need to improve coordination among stakeholders.
- Need to upgrade the survey forms currently in use to compile enhanced estimates of GDP.

Secure the NSO’s new institutional structure to support sustained national accounts compilation.
Enhance NSO staff skills mix through training and capacity building targeted at national accounts methodologies.
Improve coordination among stakeholders involved in data provision and national accounts compilation.
Upgrade survey forms currently in use to enable compilation of enhanced GDP estimates, including improvements relevant to the mining and natural resource sectors.

Subject areas covered: Economic sectors, Environment, Mining sector, National accounts, Natural resources, Non-renewable resources.
Keywords present in the report: CR, extraction industry, GDP compilation, GDP volume, ISCR, Mining sector, mining value, natural resource industry, Natural resources, Non-renewable resources, NSO's Annual Enterprise Survey, sales values, value.