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. While most of the foreign direct investment (FDI) coming into Mongolia continues to go to mining, its value-added only grew …
Persistent link: https://www.econbiz.de/10012247268
The improvement in public finances since last year, coupled with buoyant revenue due to the commodity price recovery, has led to growing pressures for increased government spending. Recently approved budget amendments envisage a 4.5 percent of gross domestic product (GDP) increase in spending on...
Persistent link: https://www.econbiz.de/10012247375
, following an outturn of minus 1.3 percent in 2009. However, winter arrived in Mongolia with the agriculture sector still feeling …
Persistent link: https://www.econbiz.de/10012247417
Mongolia's prospects in the medium term look excellent from a growth perspective as well as a fiscal management … in March 2011 revealed no changes in the total number of casual workers compared to December. Mongolia has promising …
Persistent link: https://www.econbiz.de/10012247418
doubling between December 2010 and June 2011. Mongolia's economic outlook depends heavily on global macroeconomic factors: the … recession, Mongolia's small, open economy will be affected. In that case, China's policy reaction will be crucial for Mongolia …
Persistent link: https://www.econbiz.de/10012247660
as Mongolia develops its vast mineral wealth. Inflation continues its upward trend. The trade deficit is close to record …
Persistent link: https://www.econbiz.de/10012247661
The World Bank's Mongolia quarterly economic update assesses recent economic and social developments and policies in … Mongolia. It also presents findings of ongoing World Bank activities in Mongolia. The Mongolian economy is continuing to grow … also fuelling inflation which touched 16 percent in April, well above the Bank of Mongolia's (BoM) inflation target of 10 …
Persistent link: https://www.econbiz.de/10012247663
could result in another 'boom-and-bust' cycle Mongolia experienced before, particularly as the global economy could face a …, Mongolia needs to adhere strictly to prudent fiscal policies as set out in the FSL and IBL and tightening both fiscal and … Mongolia. The economy faces growing headwinds from the global economic environment, while the looming elections increase …
Persistent link: https://www.econbiz.de/10012247664
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