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2019-09-18 17:40:00

MONGOLIA'S GDP UP 6.5%

MONGOLIA'S GDP UP 6.5%

IMFSeptember 17, 2019 - On September 11, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mongolia.

Mongolia’s economy has recovered vigorously from the recent downturn. Economy growth accelerated to 8.6 percent in the first quarter of 2019, over fiscal balance turned into surplus in 2018, and gross international reserves have increased by $2½ billion since…

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