1 MONGOLIA’S COAL RAILWAY CONSTRUCTION REACHES 100KM MARK WWW.NEWS.MN PUBLISHED:2020/12/03      2 LOAN AGREEMENT ESTABLISHED WITH JAPAN RATIFIED WWW.MONTSAME.MN PUBLISHED:2020/12/03      3 824 PROJECTS TO BE IMPLEMENTED IN CONSTRUCTION SECTOR IN 2021 WWW.MONTSAME.MN PUBLISHED:2020/12/03      4 IBM WARNS HACKERS TARGETING COVID VACCINE 'COLD CHAIN' SUPPLY PROCESS WWW.REUTERS.COM PUBLISHED:2020/12/03      5 UN EXPERT CALLS ON MONGOLIA TO ADOPT LAW PROTECTING HUMAN RIGHTS DEFENDERS WWW.SCOOP.CO.NZ PUBLISHED:2020/12/03      6 MONGOLIA, TURQUOISE HILL FORCE RIO TINTO INTO OYU TOLGOI REVIEW WWW.MINING.COM PUBLISHED:2020/12/03      7 MONGOLIAN GOV'T REDUCES PRICE OF PROCESSED FUEL BY 50 PCT AMID PANDEMIC WWW.XINHUANET.COM PUBLISHED:2020/12/03      8 MONGOLIA REPORTS 11 NEW COVID-19 CASES WWW.MONTSAME.MN PUBLISHED:2020/12/03      9 BOEING'S UPDATED 737 MAX COMPLETES FIRST FLIGHT WITH MEDIA ONBOARD WWW.REUTERS.COM PUBLISHED:2020/12/03      10 CHINA COKING COAL SURGES AS COVID THROTTLES MONGOLIA BORDER WWW.BLOOMBERG.COM PUBLISHED:2020/12/03      АЗИЙН ОРНУУДЫН ВАКЦИНЫ ЗАХИАЛГА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/12/03     МОНГОЛ БАНК: БАНКНУУДАД 175 ТЭРБУМ ТӨГРӨГИЙН УРТ ХУГАЦААТ РЕПО САНХҮҮЖИЛТ ОЛГОВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/12/03     МАНАЙ УЛС СТАТИСТИК МЭДЭЭЛЛИЙН ХАМРАХ ХҮРЭЭ, НЭЭЛТТЭЙ БАЙДЛААРАА ДЭЛХИЙД 9, ЗҮҮН АЗИД НЭГТ БИЧИГДЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/12/03     МАРГААШААС ЭХЛЭН 12 ДУГААР САРЫН 11-НИЙГ ХҮРТЭЛ НЭГ ӨРХӨӨС НЭГ ИРГЭНИЙГ КОРОНАВИРУСИЙН ШИНЖИЛГЭЭНД ХАМРУУЛНА WWW.IKON.MN НИЙТЭЛСЭН:2020/12/03     ЭКСПОРТЫН БОЛОН ЖИЖИГ, ДУНД ҮЙЛДВЭРЛЭЛИЙН САЛБАРЫН ХЭВИЙН ЗЭЭЛИЙГ ДАХИН САНХҮҮЖҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/12/03     ВАЛЮТЫН ХАДГАЛАМЖ ТӨГРӨГИЙНХТЭЙ ХАРЬЦУУЛАХАД 3-4 ХУВИАР БАГА ХҮҮТЭЙ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/12/03     ХӨГЖЛИЙН БЭРХШЭЭЛТЭЙ ИРГЭДИЙН 31.6 ХУВЬ НЬ ХӨДӨЛМӨР ЭРХЭЛЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/12/03     МОНГОЛД ЦАР ТАХАЛ ДЭГДСЭН НЬ КОКСЖИХ НҮҮРСНИЙ ҮНИЙГ ӨСГӨЛӨӨ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/12/03     ЭМЯ: НИЙСЛЭЛД БАТЛАГДСАН “КОРОНОВИРУС”-ИЙН ХАЛДВАРЫН ТОХИОЛДЛЫН 60 ХУВЬ НЬ 2 ДҮҮРЭГТ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/12/02     МОНГОЛБАНКНЫ ХУДАЛДАН АВСАН ҮНЭТ МЕТАЛЛ 21 ТОННД ХҮРЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2020/12/02    

IMF: ‘aid flood’ to Mongolia to end www.news.mn

An International Monetary Fund (IMF) team led by Mr. Geoff Gottlieb visited Mongolia from 19 to 28 June, 2019, to conduct discussions for the 2019 Article IV consultations. The IMF’s Executive Board for Discussion and Decision has concluded the reports presented by the team and made the following statement:

‘Mongolia’s economy has been recovering from recession. In the first half of 2019, Mongolia’s economy growth reached to 8.6 percent and balances of budgets were good in 2018. Mongolia’s currency reserves have been increased by USD 2.5 billion since 2016. However, Mongolia is still unable to cope with external shocks due to the high amount of foreign debt and dependence of exports.

The IMF experts forecasted that Mongolia’s economy growth would reach 6.5 percent in 2019 and 5-6 percent in the mid-term. However, the country will face some difficulties in the near future as volume of exports and size of loans decrease. Furthermore, direct investment to Mongolia is expected to decrease due to government policy and large-scale financial aid from donors will be stopped from 2021.



Published Date:2019-09-19