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Mongolia: Country Profile

Country Profile

About This Report

Dec 2018

Mongolia’s economy will see a pick up in 2017. Strong coal production, high levels of private investment and a robust service sector provide support. The fall in prices of Mongolia’s major exports and a slump in private consumption are drags. With the economy weighed down by high debt and low foreign-exchange reserves, Mongolia has been forced to adopt a programme of fiscal consolidation. Real GDP should be rising by about 5.0% per year in the medium term.

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Mongolia: Country Profile

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