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Mongolia - Consolidating the gains, managing booms and busts, and moving to better service delivery : a public expenditure and financial management review (Vol. 2 of 2) : Хавсралт (mongol)

Mongolia's external economic outlook is dramatically changing as it faces sharp reductions in the copper price, caused by the financial crisis and global downturn. This compels the government now to drastically cut spending to prudently manage the budget. The budget is extremely dependent on mining revenues. Government is taking the right step in proposing a balanced budget for 2009. But further adjustments will be needed given the continuing fall...
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Document also available in : mongol, anglais, anglais

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