The IMF conducted a remote technical assistance (TA) mission from March 1 to 12, 2021, to help the National Statistics Office of Mongolia (NSOM) compile a monthly indicator of economic activity (MIEA). Experimental results describe monthly economic activity from January 2010 to January 2021 as well as the impact of the COVID-19. This second mission for developing the MIEA was funded by the IMF's Data for Decisions trust fund1 (D4D).
agencies or instrumentalities of the TA recipient, World Bank staff, other technical assistance providers and donors with legitimate interest, shall require the explicit consent of the TA recipient and the IMF’s Statistics Department.
SUMMARY OF MISSION OUTCOMES AND PRIORITY RECOMMENDATIONS
DEVELOPING THE MIEA
B. MIEA Framework
C. Seasonal Adjustment Practices
A. Officials Met During the Mission
1. Priority Recommendations
2. Quarterly and Monthly
Implement updated seasonal adjustment practices within the computation framework for the MIEA.
Second half of 2022
Begin to produce unadjusted and seasonally adjusted MIEA results with accompanying sources and methods documentation.
Further details on the priority recommendations and the related actions/milestones can be found in the action plan under Detailed Recommendations .
Developing the MIEA
7. The primary data sources for the MIEA are shared