European Parliament Library

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 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
Table Of Contents
Cover; Contents; I. Background; II. Policies and Discussions; A. Monetary and Exchange Rate Policies; B. Fiscal Policy; C. Banking System; D. Other Issues; III. Staff Assessment; Figures; 1. Macroeconomic Trends; 2. Recent Developments; Tables; 1. Selected Economic and Financial Indicators, 2006-10; 2. Summary Operations of the General Government, 2006-10; 3. Monetary Aggregates, 2006-10; 4. Balance of Payments, 2006-10; 5. Reviews and Disbursements under the 18-Month Stand-by Arrangement; Attachment; 1. Letter of Intent and Technical Memorandum of Understanding
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (38 p.)
Specific Material Designation
Form Of Item

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