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Mongolia monthly economic brief (April 2016) (الإنجليزية)

Mongolia’s budget deficit is widening fast, with a large revenue shortfall. Early budget spending control measures are needed to contain rising expenditures, as weak commodity prices would continue to constrain revenues. Government was able to raise $750 million via syndicated loans and a sovereign bond issuance. Despite the recent external financing, the underlying pressure on the balance of payments is expected to remain high in 2017. Mineral exports...
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