Balance of Payments for 2015

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2015-11-03 18:51:36

Ulaanbaatar /MONTSAME/ As of the first nine months of 2015, current account deficit stands at USD 485.8 million, showing decrease of 67 percent over the same period of the previous year. The main causes to this were increase in surplus of trade in goods by USD 638.5 million, while deficit of trade in services declined by 50 percent or USD 604.1 million.

Capital and financial accounts show surplus of USD 555.1 million, decreasing by 35 percent or USD 296.6 million against the previous year as a result of foreign direct investment. Nevertheless, other investment deficit has dropped by USD 142.5 million from a year prior, reported the Bank of Mongolia (BoM) on Tuesday.

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