Mongolia : Staff Report for the Third Review Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Mongolia.

This IMF Staff Report discusses Mongolia's Third Review Under the Extended Fund Facility. Mongolia's performance under the program thus far has been strong. The economy is recovering better than expected, with real GDP growth of 5.1 percent in 2017. The combination of strong policy impleme...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund. Asia and Pacific Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Staff Country Reports; Country Report ; No. 2018/098
Online Access:Full text available on IMF
Description
Summary:This IMF Staff Report discusses Mongolia's Third Review Under the Extended Fund Facility. Mongolia's performance under the program thus far has been strong. The economy is recovering better than expected, with real GDP growth of 5.1 percent in 2017. The combination of strong policy implementation and a supportive external environment has helped the authorities over-perform on all end-December 2017 quantitative targets. However, the performance on structural reforms has been mixed with some delays on structural benchmarks under the program and reversals of three fiscal measures considered during previous reviews. Given the strong performance to date, continued improvement in the macro outlook, and still high public debt, the authorities committed to tightening the fiscal and reserve targets.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (64 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students