Mongolia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper Progress Report
IMF Staff Country Reports, November 15, 2005
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- Mongolia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper Progress Report
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Bibliographic details
- Published: November 15, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451826906.002
Summary
- This Joint Staff Advisory Note reviews the Poverty Reduction Strategy Paper Progress Report for Mongolia.
- Recent economic developments have been broadly favorable.
Economic performance and projections
- Real GDP growth exceeded 10.5 percent in 2004.
- Real GDP growth is expected to remain robust, at about 5.5 percent in 2005.
- Main drivers of growth:
- recovery in livestock production
- strong activity in the mining sector
Fiscal developments
- Fiscal performance has strengthened markedly.
- The overall deficit narrowed to about 2 percent of GDP in 2004—the lowest level since the start of the transition in the early 1990s.
Thematic coverage and keywords
- Subject areas: Budget planning and preparation, Health, Infrastructure, National accounts, Poverty, Poverty reduction strategy, Public financial management (PFM)
- Keywords: Budget planning and preparation, CR, EGSPRS process, EGSPRS Progress Report, Global, government decision-making, government effectiveness, government information, government system, government transparency, Infrastructure, ISCR, Poverty reduction strategy, prudent approach, recognition of the role, State budget document, tax regime
International Monetary Fund — "Mongolia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper Progress Report", November 15, 2005.