IMF staff team highlights progress in financial sector reform

The American Chamber of Commerce in Mongolia

2018-08-09 16:40 GMT+8

An International Monetary Fund mission, led by Jeff Gottlieb, conducted the fifth review of Mongolia’s enrolment into the Extended Fund Facility (EFF) program from July 25 through August 6. The staff group completed an initial report, which will be reviewed by the IMF’s Executive Board. According to the statement made by the team, significant vulnerabilities still remain despite Mongolia’s continuing macroeconomic recovery. It is specifically highlighted that progress has been made in strengthening the financial sector. 

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