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Mongolia: Staff Report for the 2006 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2006 Article IV Consultation highlights that Mongolia’s macroeconomic performance in 2005–06 has been robust, underpinned by a run-up on copper and gold prices, declining inflation, and budget and external current account surpluses. Real GDP growth in 2005–06 is estimated at 7 percent, in line with the average pace since 2002. The mineral sector has been a key engine of growth, supported by favorable weather conditions, and buoyant recovery in the construction and services sectors. Mongolia’s medium-term outlook for sustained growth and poverty reduction is broadly favorable, but subject to risks.

Suggested Citation

  • International Monetary Fund, 2007. "Mongolia: Staff Report for the 2006 Article IV Consultation," IMF Staff Country Reports 2007/030, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/030
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=20334
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    Cited by:

    1. International Monetary Fund, 2008. "Republic of Palau: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2008/162, International Monetary Fund.

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