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Mongolia: Ministry of Finance Macroeconomic Framework Technical Assistance: Scoping Mission Report
Author:
Boriana Yontcheva https://isni.org/isni/0000000404811396 International Monetary Fund

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,
Simone M Cuiabano
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,
Mehdi El Herradi
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Martin Fukac
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Series:
High-Level Summary Technical Assistance Reports
Volume/Issue:
Volume 2024: Issue 050
Language:
English
Publication Date:
27 Dec 2024
DOI:
https://doi.org/10.5089/9798400296925.029
ISBN:
9798400296925
ISSN:
2959-4103
Pages:
5
Keywords:
Macroeconomic Framework; Forecasting and Policy Analysis; Comprehensive Adaptive Expectations Model (CAEM); Mongolia's Ministry of Finance; Mongolia economy; FFRD staff; policy analysis; policy analysis functionality; Macro-fiscal framework; Public Investment Management Assessment (PIMA); Macroeconomic and fiscal forecasts
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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.
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Cover High-Level Summary Technical Assistance Reports
High-Level Summary Technical Assistance Reports
ISSN:
2957-658X
Publisher:
International Monetary Fund