Shiilegmaa, Altantsetseg; Gombosuren, Khandtsooj; … - 2014
In 2012, Mongolia's economy continued to experience a high growth rate of 12.3 percent. This growth rate was however … lower than anticipated as Mongolia saw its coal exports drop significantly due to China's economic slowdown. Most noticeably …, Mongolia had to finance a large fiscal deficit of 8.4 percent of gross domestic product (GDP), a record in the last 13 years …