Mongolia: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2005/396, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that Mongolia’s overall economic performance was stronger than expected and broad based in 2004 and early 2005. Sectoral contributions to high growth included a rebound in the livestock sector from harsh winter shocks of 2000–01 and strong mining exploration and exports, boosted by a favorable environment of unusually high copper and gold prices. After several years of moderation, however, inflation has accelerated, reaching 17½ percent through June 2005, as prices of fuels and meat have increased sharply in the past twelve months.

Keywords: ISCR; CR; petroleum product; headline inflation rate; headline inflation; August; core inflation; staff appraisal; concessional terms; Exports; Debt service; Loans; Global (search for similar items in EconPapers)
Pages: 78
Date: 2005-11-15
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