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Mongolia - Monthly economic brief (المنغولية)

Slowing industrial production growth and continued import compression indicate that Mongolia’s economic growth continues to slow. Shaper-than-expected declines in imports led to a current account surplus in January to March, yet further dampening of foreign direct investment (FDI) strained the balance of payments. Deterioration of bank’s asset quality escalated in March with non-performing loans (NPL’s) rising 9.4 percent from the previous month...
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