Mongolia: Selected Issues and Statistical Appendix

International Monetary Fund

No 2008/201, IMF Staff Country Reports from International Monetary Fund

Abstract: The vast mineral deposits of Mongolia, if properly managed, could make available large budgetary resources, which would help address a wide range of its economic challenges. This report focuses on Mongolia’s selected issues in the mining sector, government employment and wages, and saving and credit cooperatives. The attractiveness of Mongolia’s mining sector has been eroded in recent years with the introduction of the windfall profit tax (WPT). The high wage bill mainly reflects the large size of government employment and the recent rapid real wage increases.

Keywords: ISCR; CR; savings and credit cooperatives; government; Mongolia; IRR; SCC sector; member complaint; SCC license; wage development; SCC failure; Civil service; Mining sector; Currencies; Public employment; Civil service reform; Eastern Europe; Africa; Central Asia (search for similar items in EconPapers)
Pages: 94
Date: 2008-07-01
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Citations: View citations in EconPapers (1)

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