Mongolia: Ex Post Assessment of Longer-Term Program Engagement

November 15, 2005

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Mongolia: Ex Post Assessment of Longer-Term Program Engagement, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Mongolia. The paper assesses Mongolia’s progress in implementing its transition to a market economy, economic stabilization, and reform programs supported by the IMF during 1991–2004, 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.

Subject: Banking, Commercial banks, Economic sectors, External debt, Financial institutions, Privatization, Public debt, Public enterprises, Public financial management (PFM)

Keywords: Baltics, Banking system, Central Asia, Central bank, Coalition government, Commercial banks, CR, Eastern Europe, Financial system, ISCR, Issue government decree, Private sector, Privatization, Reform plan, State enterprise, Structural adjustment

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/407
Stock No:

1MNGEA2005006
ISBN:

9781451826913
ISSN:

1934-7685

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