Mongolia: Fifth Review Under the Extended Fund Facility Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Mongolia

November 2, 2018

Summary

A three-year arrangement for Mongolia under the Extended Fund Facility (EFF) was approved on May 24, 2017, in an amount equivalent to SDR 314.5054 million (435 percent of quota, or about $425 million). The arrangement is part of a $5.5 billion multi-donor financing package that supports the authorities’ Economic Recovery Plan. The extended arrangement is subject to quarterly reviews.

Subject: Asset quality review, Banking, Expenditure, Financial sector policy and analysis, Fiscal policy, Fiscal stance, Public debt, Revenue administration

Keywords: Asset quality review, bank, capital, CR, discussion of the review, EFF program, expenditure restraint, Fiscal stance, Global, ISCR, Mongolia's performance, program implementation, September monetary policy committee meeting, target rate, weakening balance of payments

Pages:
79
Volume:
2018
DOI:
https://doi.org/10.5089/9781484382295.002
Issue:
303
Series:
Country Report No. 2018/303
Stock No:
1MNGEA2018003
ISBN:
9781484382295
ISSN:
1934-7685

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