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International Monetary Fund. Fiscal Affairs Dept., International Monetary Fund. Strategy, Policy, &, and Review Department
This paper uses case studies to explore the nature and extent of past IMF engagement on social spending issues and to draw lessons for future engagement.
International Monetary Fund
The staff report for the 2010 Article IV Consultation underlies that in recent years, Mongolia’s economy has performed quite well. The inflation pressures reflected a relaxation of monetary and fiscal policies and large increases in prices for food and fuel. The debt service burden and international reserves are expected to remain at comfortable levels. Executive Directors welcomed the authorities’ purpose to review plans for the establishment of a development bank, taking account of the know-how elsewhere so as to avoid creating unfair competition in the financial sector.
International Monetary Fund
This paper reviews Mongolia’s Economic Growth Support Poverty Reduction Strategy (EGSPRS) Implementation Progress Report 2004. Mongolia’s GDP grew by 5.6 percent in 2003, a fulfillment of the goal set out in the Main Guidelines for Economic and Social Development in 2003 to attain at least 5.2 percent economic growth. In 2003, the economy grew thanks to 1.4 percent increase in the agriculture sector, 0.8 percent in the industrial sector, and 3.4 percent in the service sector. The preliminary estimate for real economic growth in 2004 equals 10.6 percent.
International Monetary Fund
This Joint Staff Assessment assesses the Economic Growth Support and Poverty Reduction Strategy (EGSPRS), which is the first full poverty reduction strategy paper (PRSP) prepared by the government of Mongolia. The EGSPRS builds on the strategy articulated in the interim report (I-PRSP) presented to the Boards of the International Development Association (IDA) and the International Monetary Fund (IMF). It provides an adequate framework for implementing the government's development agenda and highlights several weaknesses and challenges associated with its successful implementation.
International Monetary Fund
The report provides the details of the assessment on Mongolia’s Poverty Reduction Strategy Paper. It describes the Economic Growth and Poverty Reduction Strategy (EGPRS), which presents main policy directions of the government with a focus on economic growth acceleration and poverty reduction efforts. It describes the transition period of Mongolia, demographic trends drawn from the household income and expenditure survey, the poverty situation, gender inequality, and poverty reduction strategy. It also reviews the promotion of economic and financial stability and provides a strategy for monitoring the policies.