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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2010. "Mongolia: Fifth and Sixth Reviews under the Stand-By Arrangement and Rephasing of Purchases," IMF Staff Country Reports 2010/294, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/294
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