Mongolia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

October 16, 2001

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Mongolia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2001) accessed November 21, 2024

Summary

Mongolia has made great strides in fostering a market economy and promoting macroeconomic stability under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors welcomed this step, and stressed the need to improve economic governance, fiscal and monetary policies, and accelerate structural reforms. They appreciated the fiscal transparency and accountability, realistic budgeting, better treasury management, and the privatization and energy sector reform. They agreed that the government's reform program merits the support of the international community, and approved the request for a three-year arrangement under the PRGF.

Subject: Arrears, Budget planning and preparation, Economic sectors, Energy sector, Expenditure, External debt, Public debt, Public financial management (PFM)

Keywords: Arrears, BOM bill placement, Budget planning and preparation, CR, Energy sector, Government, Government of Mongolia, Government's credibility, I-PRSP, I-PRSP development, ISCR, Privatization program, Tax authority

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/182
Stock No:

1MNGEA0012001
ISBN:

9781451826791
ISSN:

1934-7685

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