▲ Up
 akipress
16:24 24-09-2018
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
akipress
IMF to conduct its fourth review of Mongolia’s EFF enrollment
Central Asia | business | 15:53, 04 May 2018 | 1050

AKIPRESS.COM - International Monetary Fund (IMF) staff and officials from the Ministry of Finance held an official meeting to discuss preparations for the fourth review of Mongolia’s enrollment in an extended fund facility program, GoGo Mongolia reports.

In March, the IMF’s Executive Board discussed a report on the third review of the EFF program, and issued financing of 30.55 million USD to Mongolia.

If the EFF program continues successfully, the GoM will receive $434.3 million in financing from the IMF over the course of three years. Since the program's inception, the IMF has provided $152.8 million in financing to Mongolia.

After the third review of the EFF program, Deputy Managing Director of the IMF Mitsuhiro Furusawa underscored, “Mongolia's economic indicators demonstrated more positive signs than previous estimates, owing to a high demand for raw materials in the international market.

A substantial increase in budget revenue and improved budget control helped to reduce the budget deficit considerably.”

LATEST NEWS
16:13 KOICA holds training seminar on prevention and control of brucellosis in Osh region16:10 Uzbekistan, Belarus to build joint shoe manufacturing enterprise in 201916:04 Foreign currency reserves of Kyrgyz central bank decrease by $80m15:48 Ambassador of Kyrgyzstan to Korea says ex-Deputy Minister was drunk15:30 Magnitude 3.7 earthquake occurs on Uzbekistan-Tajikistan border15:26 Islam Karimov Fund reveals where first Uzbekistan president loved to spend his vacation15:21 Coal, crude oil, natural gas production projected to increase by 5% in 201915:19 Kazakhstan considering creation of tourist police14:54 National Olympic Committee of Kyrgyzstan presents yurt to International Olympic Committee14:48 Speaker of Turkish Parliament arrives in Uzbekistan14:38 Mud volcano erupts in Baku suburb14:23 Norms of daily nutrition approved in Tajikistan14:22 Steppe nation Kazakhstan bans scrap paper export14:14 Swiss ABB to supply HVDC converter stations to Tajikistan as part of CASA-1000 project14:10 Ministry of Education and Science working on 100% connection of schools to Internet13:30 Talas town hosts international boxing tournament13:22 Ex-Deputy Minister of Labor of Kyrgyzstan denies being drunk in Seoul-Almaty plane, says she took tranquillizer13:05 Kyrgyz experts participate in 18th International Conference of Drug Regulatory Authorities12:52 Prime Minister of Mongolia Khurelsukh, US Secretary of State Pompeo discuss ties12:39 Ministry of Education publishes textbooks for blind and deaf children
© AKIpress News Agency - 2001-2018. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06