European Parliament Library

Mongolia :, Fifth and Sixth Reviews under the Stand-By Arrangement and Rephasing of Purchases

Despite the negative impact of the severe winter on agriculture, other indicators are pointing to a strong recovery. Exports are growing rapidly, fueled by the rebound in copper prices and a rapid growth in coal exports. Rephasing of purchases by combining the fifth and sixth reviews is requested owing to the delay in completing the fifth review, and earlier-than-planned Board discussion of the sixth review. The sixth review is the final review. The fiscal responsibility law will help secure a lasting fiscal discipline
Table Of Contents
Cover; Contents; I. Background; II. Policy Discussions; Figures; 1. Macroeconomic Developments; 2. Policy Developments; Boxes; 1. Should the Policy Interest Rate Be Hiked Further?; 2. Bank Restructuring Plan; III. Staff Appraisal; 1. Selected Economic and Financial Indicators, 2008-11; Tables; 2. Summary Operations of the General Government, 2008-11; 3. Monetary Aggregates, 2008-11; 4. Balance of Payments, 2008-11; 5. Indicators of Capacity to Repay the Fund, 2010-15; 6. Reviews and Disbursements Under the 18-Month Stand-By Arrangement; Attachments; 1. Letter of Intent
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (30 p.)
Specific Material Designation
Form Of Item

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