Mongolia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2001/182, IMF Staff Country Reports from International Monetary Fund

Abstract: Mongolia has made great strides in fostering a market economy and promoting macroeconomic stability under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors welcomed this step, and stressed the need to improve economic governance, fiscal and monetary policies, and accelerate structural reforms. They appreciated the fiscal transparency and accountability, realistic budgeting, better treasury management, and the privatization and energy sector reform. They agreed that the government's reform program merits the support of the international community, and approved the request for a three-year arrangement under the PRGF.

Keywords: ISCR; CR; government; BOM bill placement; I-PRSP; I-PRSP development; privatization program; government of Mongolia; tax authority; government's credibility; Budget planning and preparation; Arrears; Energy sector (search for similar items in EconPapers)
Pages: 101
Date: 2001-10-16
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