Hidden Bibliographic Details
| Varying Form of Title: | Mongolia, 2011 Article IV consultation
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| Other authors / contributors: | International Monetary Fund, issuing body.
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| ISBN: | 1283554992
9781283554992
9781455230112
1455230111
9781455286553
1455286559
9781455230136
1455230138
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| Notes: | Online resource; title from PDF title page (IMF Web site, viewed June 28, 2011).
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| Summary: | 1. Context. The Mongolian economy was hit hard by the global economic crisis, due to its high dependence on mineral exports and a history of pro-cyclical macroeconomic policies. By early 2009, the economy was on the verge of collapse: the central bank was running out of international reserves, the budget deficit was not financed, inflation was in the double digits, and the banking system was under stress. An 18-month Stand-by Arrangement (SBA) was approved on April 1, 2009, which succeeded in quickly stabilizing the economy thanks to the authorities' steadfast policy implementation, financial support from the donor community, and a rebound in global copper prices.
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| Other form: | Print version: International Monetary Fund. Mongolia : 2011 Article IV consultation : staff report, staff supplement, public information notice on the Executive Board discussion, and statement by the Executive Director for Mongolia. Washington, District of Columbia : International Monetary Fund, ©2011 approximately 62 pages IMF country report ; Number 11/76 9781455230136
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| Standard no.: | 10.5089/9781455230112.002
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