As of 2014 the losses in service and retail sector has increased by 18 percent. The monetary value of this loss is worth USD 1,553.2 million.
Those losses are explained with the increase in the tourism costs and decrease in the revenues, increase in the financial services and increase in the income to be paid to the foreign investors related with expanded exports of oil.
The increase in the losses in service and retail sector in 2014 is also explained with renewed calculation of the forecasts and additional information sources per IMF guidelines.
FDI has dropeed by 87 percent or USD 1,822.1 million compared to the same period of the prvious year, while according to the Bank of Mongolia the drop in the FDI was financed by:
- increase of the portfolio investment sources by USD 432.9 million,
- increase of other investment sources by USD 1,037.8 million.
As of 2014 the losses in service and retail sector has increased by 18 percent. The monetary value of this loss is worth USD 1,553.2 million.
Those losses are explained with the increase in the tourism costs and decrease in the revenues, increase in the financial services and increase in the income to be paid to the foreign investors related with expanded exports of oil.
The increase in the losses in service and retail sector in 2014 is also explained with renewed calculation of the forecasts and additional information sources per IMF guidelines.
FDI has dropeed by 87 percent or USD 1,822.1 million compared to the same period of the prvious year, while according to the Bank of Mongolia the drop in the FDI was financed by:
- increase of the portfolio investment sources by USD 432.9 million,
- increase of other investment sources by USD 1,037.8 million.