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...
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INFORMATION
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2015/11/01
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Document de travail
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101064
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1
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1
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2015/11/20
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Disclosed
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Mongolia - Economic update
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balance of payment
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