State Great Khural Members Meet IMF Staff Team

Ulaanbaatar, June 17, 2025 /MONTSAME/. Members of the Standing Committee on Economics of the State Great Khural of Mongolia hosted a meeting with Deputy Division Chief at the International Monetary Fund (IMF) and Head of the IMF staff team under Article IV of the IMF’s Articles of Agreement Tahsin Saadi and other IMF officials.

Mentioning that, according to Article IV of the IMF’s Articles of Agreement, the IMF staff team visits member countries each year, Mr. Tahsin Saadi presented suggestions on possible policies to be implemented by the Government and the Parliament of Mongolia to support the country’s economy. Although the staff team had planned to work in Mongolia seven months ago, the situation has significantly changed since then, noted the IMF staff team and said that the team will soon present their brief reports to the Government and the Ministry of Finance of Mongolia. The main report is scheduled to be ready by next autumn.

At the meeting, the two sides discussed the current state, short- and long-term trends, and relevant conclusions and recommendations regarding Mongolia’s economy and budget., The meeting was attended by Members of Parliament Badamsuren Myagmarsuren, Batbold Rinchindorj, Batsumberel Natsagdorj, Batchimeg Purev, Luvsanjamts Ganzorig, Munkhsoyol Baatarjav, Soronzonbold Lkhagvasuren, Undraa Agvaanluvsan, as well as IMF Resident Representative for Mongolia Tigran Poghosyan, the World Bank Group Executive Director for Asia and the Pacific Seong-Wook Kim, and other IMF officials, reported the Media and  Public Relations Department of the State Great Khural.