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Business and Economics > Budgeting

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Cover Technical Assistance Reports
Mongolia: Technical Assistance Report-Macroeconomic Framework Technical Assistance: Scoping Mission
International Monetary Fund. Institute for Capacity Development
Further to Mongolia’s Ministry of Finance (MOF) request, an assessment mission was carried out from May 24 to June 2, 2023. The mission reviewed the needs, capacity and constraints for the development of institutional macroeconomic forecasting capacity at the Financial and Fiscal Research Department (FFRD). Notably, despite FFRD’s ambitious goals in fiscal policymaking, a comprehensive macroeconomic framework for analysis, forecasting, and assessing fiscal policy's macroeconomic impact is not yet in place. The action plan and logical framework is centered around capacity development and customization of the Comprehensive Adaptive Expectations Model (CAEM) to the Mongolia economy. This note summarizes the main findings and action plan agreed on for the project.
Keywords:
Macroeconomic Framework; Forecasting and Policy Analysis; Comprehensive Adaptive Expectations Model (CAEM); Mongolia.; IMF mission team; FFRD officer; Mongolia's Ministry of Finance; FFRD staff monitor; data management practice; macroeconomic projection tool; Macro-fiscal framework; Macroeconomic and fiscal forecasts; Budget planning and preparation; Global
Cover IMF Staff Country Reports
Switzerland: Staff Report for the 1999 Article IV Consultation
International Monetary Fund
For the past quarter century, Switzerland’s real per capita growth rate has been substantially slower than in most other industrial countries. Unemployment has declined rapidly to 2.4 percent of the labor force in November 1999 from its 1997 peak of more than 5 percent. Inflation has edged up from exceptionally low levels. Switzerland’s longstanding current account surplus was above 9 percent of gross domestic product in 1998 and is estimated to have risen further in 1999. The franc has shadowed the euro closely since January 1999, fluctuating narrowly around 1.6 Sw F/euro.
Keywords:
ISCR; CR; headline CPI inflation; inflation risk; interest rate; consumer confidence; staff appraisal; headline inflation; euro area economy; growth prospect; Inflation; Price stabilization; Budget planning and preparation; Europe; Global