Mongolia: Report on the Observance of Standards and Codes - Data Module, Response the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework by International Monetary Fund

ISBN: 9786613742964

Published: April 4th 2008

ebook

164 pages


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Mongolia: Report on the Observance of Standards and Codes - Data Module, Response  by  the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework by International Monetary Fund

Mongolia: Report on the Observance of Standards and Codes - Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework by International Monetary Fund
April 4th 2008 | ebook | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 164 pages | ISBN: 9786613742964 | 8.47 Mb

1. Context. The economy is slowing more-than-expected, growing only percent in the second quarter. Higher frequency data indicate industrial production is weak, both imports and nonmineral exports are declining sharply, and private sector credit isMore1. Context. The economy is slowing more-than-expected, growing only percent in the second quarter. Higher frequency data indicate industrial production is weak, both imports and nonmineral exports are declining sharply, and private sector credit is moribund (Figure 1).

The macroeconomic framework has been revised with growth now at percent for this year, recovering to 3 percent in 2010. Copper prices, however, are considerably higher than previously assumed and negotiations for a large mining project are advancing (Box 1)- both these factors provide some upside potential to the outlook.



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