N.Narantsatsralt , Officer of Мacro economic policy department

In order to achieve the goals in the long-term development policy "Vision 2050", Mongolia’s immediate priority is to stabilize the macroeconomy and to eliminate the fundamental constraints of development. In these circumstances, midterm developmental policy the New Revival Policy has approved and it includes overall 94 projects for improvement of border ports, energy supply, industrialization and governance, green development, and local development.

During the initial stage of project implementation, investment and high-valued machinery, equipment import will grow, and the outflow of foreign currency will expand. This will lead the macro-economic instability by increasing a risk of further deterioration in balance of payments. Therefore, the policy makers have to calculate accurately the economic impacts related to these projects considering the implementation stages.

The study on the impacts of mega project that estimating budget income inflow from the project, conducted in our department are significant for policy making. Currently, an analysis performed in case of mega mining projects, and we see it is feasible to emulate this model for other big project estimation in different sectors.

Strengthening Fiscal and Financial Stability Project, Room 205 United Nations Street 8/2 4th khoroo Chingeltei district Ulaanbaatar-15160 Mongolia
+976-70120582
training@sffs.mn