Mongolia : Staff Report for the 2006 Article IV Consultation

1MNGEA2007001 Image
Price:  $18.00

Release Date: © January, 2007
ISBN : 978-1-45182-692-0
Stock #: 1MNGEA2007001
English
Stock Status: On back-order

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Description

This 2006 Article IV Consultation highlights that Mongolia’s macroeconomic performance in 2005–06 has been robust, underpinned by a run-up on copper and gold prices, declining inflation, and budget and external current account surpluses. Real GDP growth in 2005–06 is estimated at 7 percent, in line with the average pace since 2002. The mineral sector has been a key engine of growth, supported by favorable weather conditions, and buoyant recovery in the construction and services sectors. Mongolia’s medium-term outlook for sustained growth and poverty reduction is broadly favorable, but subject to risks.

Taxonomy

Banks and banking , Central banks , Economic policy , Exchange rate policy , Financial institutions and markets , Fiscal policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports