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Mongolia monthly economic brief (April 2016) (English)

Mongolia’s budget deficit is widening fast, with a large revenue shortfall. Early budget spending control measures are needed to contain rising expenditures, as weak commodity prices would continue to constrain revenues. Government was able to raise $750 million via syndicated loans and a sovereign bond issuance. Despite the recent external financing, the underlying pressure on the balance of payments is expected to remain high in 2017. Mineral exports...
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Batsuuri, Davaadalai; Lee, Taehyun; Shiilegmaa, Altantsetseg; Verghis, Mathew A..

Mongolia monthly economic brief (April 2016) (English). Mongolia monthly economic brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/507631497296683882

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