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Bank of Mongolia issues main indicators www.en.montsame.mn
Ulaanbaatar /MONTSAME/ Current and Capital account balance totaled to USD 2.4 million deficit which is USD 49.5 million decline compared to the same period of the previous year. The change was due to decrease by USD 43.9 million in goods and services account creating surplus of USD 19.4 million, and decrease by USD 5 million in income account creating deficit of USD 41.3 million.
Financial account had a surplus of USD 97.3 million which is declined by USD 303.3 million compared to the same period of the last year. According to the interpretation of 6thedition of Balance of Payments manual, Mongolia has a net borrowing during this period.
As of the first month of 2017, overall balance of payment deficit was USD 175.9 million, net error and omissions was -USD 76.2 million.
Published Date:2017-03-03
