Mongolia: Joint IMF/World Bank Debt Sustainability Analysis Under the Debt Sustainability Framework for Low-Income Countries

Publication Date:

June 11, 2010

Electronic Access:

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Summary:

This paper focuses on the increase in the external debt stock that reflects donor financing, including IMF and Bank lending to help Mongolia smooth its fiscal adjustment path after the major terms of trade shock. The fiscal deficit is expected to steadily decline until revenues from the Oyu Tolgoi mine enter the budget. Since the World Bank’s 2008 Debt Management Performance Assessment (DeMPA), Mongolia has improved debt management procedures and has prepared a medium-term debt management strategy.

Series:

Country Report No. 2010/166

Subject:

Frequency:

Annually

English

Publication Date:

June 11, 2010

ISBN/ISSN:

9781455203260/1934-7685

Stock No:

1MNGEA2010003

Pages:

17

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