Mongolia; Ex Post Assessment of Longer-Term Program Engagement

This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Mongolia. The paper assesses Mongoliaâ€™s progress in implementing its transition to a market economy, economic stabilization, and reform programs supported by the IMF during 1991â€“2004, and draws lessons for future IMF involvement. Assessment reveals that macroeconomic stability has been broadly achieved in Mongolia, with growth restored and inflation generally under control. Much of the state structure has been privatized or updated, and the economy and export base have diversified. However, the economy still remains vulnerable to shocks.

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Year of publication:	2005-11-15
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Economic indicators \| Financial sector \| Fiscal reforms \| Poverty reduction \| banking \| banking system \| structural adjustment \| public debt \| bank accounts \| banking law \| macroeconomic stability \| public expenditure \| tax burden \| bank restructuring \| tax base \| fiscal deficits \| tax system \| recapitalization \| banking sector \| bank law \| bank supervision \| banking crisis \| bank staff \| fiscal policy \| fiscal sustainability \| fiscal system \| foreign exchange \| fiscal operations \| fiscal management \| fiscal deficit \| tax administration \| bank lending \| government revenue \| fiscal indicators \| state bank \| capital expenditure \| fiscal strategy \| fiscal reporting \| consolidated supervision \| bank operations \| central banking \| current expenditure \| sound bank management \| tax effort \| tax reductions \| bank collaboration \| transition economy \| medium term fiscal strategy \| voucher privatization \| budget law \| fiscal policies \| fiscal reports \| government finance \| tax ratio \| high tax burden \| connected lending \| fiscal stance \| fiscal agent \| agricultural bank \| macroeconomic stabilization \| fiscal position \| debt service \| banking crises \| accumulation of arrears \| account deficits \| medium-term fiscal strategy \| bank deposits \| fiscal consolidation \| fiscal affairs \| bank statements \| public spending \| fiscal issues \| budgetary funds \| banking sector reform \| capital adequacy \| national bank \| bank management \| bank conditionality \| fiscal reform \| bank licenses \| budget constraints \| government expenditure \| public expenditures \| tax policy \| management information system \| fiscal balance \| bank credit \| fiscal space \| large public enterprises \| present value \| level of expenditures \| fiscal technical assistance \| savings bank \| general government expenditure \| internal audit \| bank license \| tax incentives \| banks ? balance sheets \| banks ? loan

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/407 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005252644