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

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.

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Year of publication:	2010-09-20
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Bank restructuring \| Banking sector \| Economic indicators \| Economic recovery \| Flexible exchange rate policy \| Phasing of purchases \| Stand-by arrangement reviews \| inflation \| monetary policy \| central bank \| monetary fund \| foreign currency \| macroeconomic stability \| low inflation \| monetary survey \| money growth \| financial stability \| increase in inflation \| official reserves \| monetary aggregates \| inflation rate \| monetary conditions \| sdr allocations \| foreign exchange \| price inflation \| inflationary pressures \| nominal interest rate \| gdp deflator \| terms of trade \| increase in interest rates \| inflationary consequences \| rising inflation \| monetary authorities \| real interest rate \| money market

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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 10/294 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244274