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

International Monetary Fund

No 2010/294, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; authority; issued banking regulation; month Stand-By Arrangement; policy; fiscal policy credibility; disbursement of an amount equivalent to SDR; Mongolian authorities; prompt intervention; Inflation; Commercial banks; PFM legal and regulatory frameworks; Exchange rates; Bank resolution; Global (search for similar items in EconPapers)
Pages: 29
Date: 2010-09-20
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24230 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2010/294

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().