Tuesday, March 14, 2017

IMF sees 7 to 8% annual economic growth after Mongolia recovers

India Times:

Mongolia can likely look forward to 7-8 percent economic growth once it rebounds from its economic troubles, the International Monetary Fund's (IMF) country head to Mongolia said.

"I see 7-8 percent (economic growth), which I think is achievable and sustainable," IMF Resident Representative for Mongolia Neil Saker said at a panel discussion on Monday.

Well we shall see. I saw in other news that the Parliament of Mongolia was hemming and hawing on some of the IMF provisions for the current bailout. Will these guys ever be able to get their act together?

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