Publication:
Mongolia Quarterly Economic Update, July 2010

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2017-08-10T19:52:45Z
dc.date.available2017-08-10T19:52:45Z
dc.date.issued2010-07
dc.description.abstractThe improvement in public finances since last year, coupled with buoyant revenue due to the commodity price recovery, has led to growing pressures for increased government spending. Recently approved budget amendments envisage a 4.5 percent of gross domestic product (GDP) increase in spending on the originally approved 2010 budget, while the Mid-Term Budget Framework (MTBF) for 2011-2013 projects another 12.1 percent of GDP increase in spending in 2011. The main driver for the increases is the execution of promises made by both coalition parties to distribute monthly percentage rate, or MNT 1.5million (around US$1000) to each citizen in the form of cash and non-cash handouts and large public sector wage increases planned for October of this year. If these public spending plans materialize, they will set the stage for a renewed bout of high inflation and a possible return to the macroeconomic vulnerability characteristic of the boom-and-bust cycle of the recent past. In the real sector, the impact of increasing inflation is evidenced through a decline in real wages. The latest informal wage survey indicates that on average, workers' nominal wages have increased by about 10 percent from January 2010 to June 2010; this is because of an increase in job opportunities in the construction sector. Real wages, however, have declined on average due to the significant increase in the consumer price index.en
dc.identifierhttp://documents.worldbank.org/curated/en/111151468053411949/Mongolia-quarterly-economic-update-July-2010
dc.identifier.doi10.1596/27707
dc.identifier.urihttps://hdl.handle.net/10986/27707
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectAMOUNT OF DEBT
dc.subjectARREARS
dc.subjectAUCTION
dc.subjectAUCTION SYSTEM
dc.subjectBAILOUTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBALANCE SHEET
dc.subjectBANK BALANCE SHEETS
dc.subjectBANK DEPOSITS
dc.subjectBANK FAILURES
dc.subjectBANK FOR INTERNATIONAL SETTLEMENTS
dc.subjectBANK HOLDINGS
dc.subjectBANK LENDING
dc.subjectBANK RESTRUCTURING
dc.subjectBANKING LAWS
dc.subjectBANKING RESTRUCTURING
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR ASSETS
dc.subjectBANKING SECTOR REFORM
dc.subjectBANKING SYSTEM
dc.subjectBASIS POINTS
dc.subjectBID
dc.subjectBILLS OF EXCHANGE
dc.subjectBLACK MARKET
dc.subjectBOND INDEX
dc.subjectBOND ISSUANCE
dc.subjectBOND ISSUES
dc.subjectBOND YIELD
dc.subjectBOND YIELDS
dc.subjectBONDHOLDERS
dc.subjectBOOM-BUST CYCLES
dc.subjectBORROWING
dc.subjectBUDGET DEFICIT
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKET
dc.subjectCASH TRANSFERS
dc.subjectCDS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANK BILL
dc.subjectCENTRAL BANK BILLS
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL TERMS
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONSOLIDATION
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMER PRICE INDICES
dc.subjectCREDIT AVAILABILITY
dc.subjectCREDIT DEFAULT
dc.subjectCREDIT DEFAULT SWAP
dc.subjectCREDIT DEFAULT SWAPS
dc.subjectCREDIT PRODUCT
dc.subjectCREDIT QUALITY
dc.subjectCREDIT RISK
dc.subjectCREDIT RISK MANAGEMENT
dc.subjectCREDITOR
dc.subjectCREDITORS
dc.subjectCREDITS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectCURRENT ACCOUNT SURPLUSES
dc.subjectDEBT CRISIS
dc.subjectDEBT FINANCING
dc.subjectDEBT SERVICE
dc.subjectDEBTOR
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSIT
dc.subjectDEPOSIT GUARANTEES
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDERIVATIVE
dc.subjectDERIVATIVE CONTRACT
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISBURSEMENT
dc.subjectDOLLAR BOND
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC DEBT
dc.subjectDONOR FUNDING
dc.subjectECONOMIC GROWTH
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET BOND
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYMENT
dc.subjectENVIRONMENTAL DEGRADATION
dc.subjectEQUIPMENT
dc.subjectEQUITY MARKET
dc.subjectEQUITY MARKET VOLATILITY
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPORT GROWTH
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL SHOCKS
dc.subjectFINANCIAL ACCOUNT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL EXPOSURE
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DEBT
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN FINANCING
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectINCOME TAX
dc.subjectINDEBTEDNESS
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFLATIONARY PRESSURES
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BOND
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL RESERVES
dc.subjectINTERNATIONAL SETTLEMENTS
dc.subjectINVESTMENT CAPITAL
dc.subjectINVESTMENT SPENDING
dc.subjectISLAMIC BONDS
dc.subjectJOB OPPORTUNITIES
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLIQUIDITY
dc.subjectLOAN APPLICATIONS
dc.subjectLOAN LOSS PROVISIONS
dc.subjectLOCAL BANKS
dc.subjectLOCAL CURRENCY
dc.subjectLONG TERM DEBT
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMARKET ECONOMY
dc.subjectMIGRATION
dc.subjectMONETARY POLICY
dc.subjectMORTGAGE
dc.subjectMORTGAGE FINANCE
dc.subjectNON-PERFORMING LOAN
dc.subjectNON-PERFORMING LOANS
dc.subjectNPL
dc.subjectOUTSTANDING LOANS
dc.subjectPAR VALUE
dc.subjectPENSION
dc.subjectPENSIONS
dc.subjectPOLICY RESPONSE
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INFLOWS
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPREPAYMENTS
dc.subjectPRICE CHANGES
dc.subjectPRICE MOVEMENTS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE LENDING
dc.subjectPROMISSORY NOTES
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC SECTOR DEBT
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC TRANSPORT
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE
dc.subjectREAL ESTATE INVESTMENT
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATE
dc.subjectREAL INTEREST RATES
dc.subjectREAL SECTOR
dc.subjectRECAPITALIZATION
dc.subjectRECEIPTS
dc.subjectREMITTANCES
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRISK AVERSION
dc.subjectRISK MANAGEMENT
dc.subjectRISK OF DEFAULT
dc.subjectSECONDARY MARKET
dc.subjectSHORT-TERM BILLS
dc.subjectSHORT-TERM INTEREST RATE
dc.subjectSOCIAL DEVELOPMENTS
dc.subjectSOCIAL SERVICES
dc.subjectSOLVENCY
dc.subjectSOVEREIGN BOND
dc.subjectSOVEREIGN BONDS
dc.subjectSOVEREIGN DEBT
dc.subjectSOVEREIGN DEBT MARKETS
dc.subjectSOVEREIGN DEFAULT
dc.subjectSOVEREIGN ISSUE
dc.subjectSTATE GUARANTEES
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET INDEX
dc.subjectTAX
dc.subjectTAXATION
dc.subjectTIME DEPOSITS
dc.subjectTRADE BALANCE
dc.subjectTRADING
dc.subjectTRANSPORT
dc.subjectTREASURIES
dc.subjectTUITION
dc.subjectUNEMPLOYMENT
dc.subjectURBAN SERVICES
dc.subjectVALUATION
dc.subjectWAGES
dc.subjectWATER SUPPLY
dc.subjectWITHDRAWAL
dc.titleMongolia Quarterly Economic Update, July 2010en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleMongolia Quarterly Economic Update, July 2010
okr.date.disclosure2010-12-12
okr.date.doiregistration2025-05-07T11:51:02.714013Z
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/111151468053411949/Mongolia-quarterly-economic-update-July-2010
okr.guid111151468053411949
okr.identifier.externaldocumentum000333037_20101213022008
okr.identifier.internaldocumentum13229903
okr.identifier.report58362
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/111151468053411949/pdf/583620WP0Mongo10BOX353798B01PUBLIC1.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryMongolia
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitPoverty Reduction and Economic Management (PREM)
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