Mongolia : 2009 Article IV Consultation, Third Review Under Stand-by Arrangement, and Request for Modification of Performance Criteria: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mongolia.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/052

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development.

International finance.

International Monetary Fund.

Physical Description:

1 online resource (86 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Summary:

This 2009 Article IV Consultation highlights that the global economic crisis and collapse in copper prices in 2008 hit the Mongolian economy hard. The loose macropolicies and tightly managed exchange rate pursued during the preceding boom years had made the economy particularly vulnerable, and the situation deteriorated markedly in early 2009. The authorities are making progress toward restoring health to public finances. Executive Directors have supported the authorities’ policy priorities to restore health to public finances, rebuild international reserves while maintaining a flexible exchange rate, bolster confidence in the banking system, and protect the poor.

Contents:

Cover; Contents; I. Recent Developments; Boxes; 1. Comparison of Selected Copper Producing Countries; 2. The Recent Boom-Bust Cycle From a Macro-Policy Perspective; II. Policy Discussions; A. Monetary and Exchange Rate Policy; 3. The Long-Run Effect of Scaling up Mining Production; 4. Exchange Rate Assessment; B. Fiscal Policy; 5. Fiscal Responsibility Law; C. Banking System; D. Other; III. Staff Appraisal; Figures; 1. Macroeconomic Developments; 2. Policy Developments; 3. Banking Developments; Tables; 1. Mongolia: Selected Economic and Financial Indicators, 2007-10

2. Mongolia: Summary Operations of the General Government, 2007-103. Mongolia: Monetary Aggregates, 2007-10; 4. Mongolia: Balance of Payments, 2007-10; 5. Mongolia: Selected Economic and financial Indicators, 2007-16; 6. Mongolia: Reviews and Disbursements under the 18-month Standy-By Agreement; Attachments; 1. Letter of Intent, Memorandum of Economic Policies, and Technical Memorandum of Understanding; Contents; I. Fund Relations; II. Relations with the World Bank Group; III. Relations with the Asian Development Bank; IV. Statistical Issues; V. Millennium Development Goals

VI. Main Websites of Mongolia Data

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612840234

9781455245987

1455245984

9781452739335

1452739331

9781282840232

1282840231

9781451827019

1451827016

OCLC:

876511387