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

1MNGEA2009002 Image
Price:  $18.00

Release Date: © August, 2009
ISBN : 978-1-45182-699-9
Stock #: 1MNGEA2009002
English
Stock Status: On back-order

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Description

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.

Taxonomy

Economic policy , Economic sectors , Fiscal policy , Mining sector , Monetary policy




More publications in this series: IMF Staff Country Reports