Mongolia : First Review Under the Stand-By Arrangement; Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mongolia.

This paper discusses key findings of the First Review Under the Stand-By Arrangement for Mongolia. The paper reveals that economic activity in Mongolia is slowing and inflation is falling, broadly in line with what was anticipated at the time the program was approved. The authorities' strong po...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Country Reports; Country Report ; No. 2009/254
Online Access:Full text available on IMF
Description
Summary:This paper discusses key findings of the First Review Under the Stand-By Arrangement for Mongolia. The paper reveals that economic activity in Mongolia is slowing and inflation is falling, broadly in line with what was anticipated at the time the program was approved. The authorities' strong policy implementation is working to stabilize the economy. The biweekly foreign exchange auctions are also working well, and the authorities remain committed to allowing exchange rate flexibility in line with market conditions.
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Physical Description:1 online resource (37 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students