Bank of Mongolia - Annual Report 2006
Mongolia's economy grew by 8.4% in 2006. Inflation stood at 6%, 1 percentage point lower than the 7% limit set by the State Monetary Policy Guideline.
Alagiin Batsukh, the governor of the Bank of Mongolia, said the central bank's goals for 2007 were to:
· provide a sound basis for implementation of inflation-targeting monetary policy;
· further develop and ensure stability of the financial sector;
· form a financial stability committee;
· promote the activities of the financial information
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