01887cas a2200241 a 4500 AALejournalIMF015193 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484346341 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Mongolia : 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Mongolia. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (89 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2015 Article IV Consultation highlights that Mongolia's medium- to long-term prospects are promising given its large natural resources. In the near term, however, the country continues to face balance-of-payments (BOP) pressures on account of low foreign direct investment and weak commodity prices, as well as expansionary macro policies. Imports have now started to taper off and, with the first phase of the Oyu Tolgoi copper and gold mine now in operation, exports have picked up. The trade balance has thus improved, but the overall BOP remains weak. The executive directors have supported ongoing efforts to foster high, inclusive growth by improving the investment climate, enhancing competitiveness, and promoting economic diversification. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/109 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/109/002.2015.issue-109-en.xml IMF e-Library