Mongolia - Economic update (English)

Mongolia’s growth sharply slowed to 3.0 percent in the first half of 2015. External demand is weakening due to a continued dampening of the commodity market and slower growth in China, translating into a drop in exports. Slowing domestic demand is largely caused by a plunge in investment due to falling foreign direct investment (FDI). Measures were taken to curb the budget deficit, debt, and off-budget expenditures. New deficit and debt ceilings were...

Document also available in : Mongolian

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Author

Lee,Taehyun;

Shiilegmaa,Altantsetseg;

Batsuuri,Davaadalai;

Verghis,Mathew A.;
Document Date
2015/11/01
Document Type
Working Paper
Report Number
101064
Volume No
1
Total Volume(s)
1
Country
Mongolia,
Region
East Asia and Pacific,
Disclosure Date
2015/11/20
Disclosure Status
Disclosed
Doc Name
Mongolia - Economic update
Keywords
balance of payment

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Lee,Taehyun; Shiilegmaa,Altantsetseg; Batsuuri,Davaadalai; Verghis,Mathew A..

Mongolia - Economic update (English). Mongolia economic update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/588341468197974334

Mongolia - Economic update (English)

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