Authors: Tuvshintugs Batdelger (Ph.D), Esmedekh Lkhanaajav (Ph.D), Delgermaa Begz, Dulguun Tuvshintugs
Source: Economic Research Institute
Keywords: Mining sector, impact assessment, budget revenue management, CGE modeling, Mongolia
This research looks into Mongolia’s budget revenue management in order to study the economic effects of implementing the Fiscal Stability Law. When analyzing the current state of revenue management in Mongolia, the research team used historical data from the Ministry of Finance, the Bank of Mongolia, and other organizations to ensure that the study is comprised of comprehensive information. In order to assess the impact of the FSL, the research team utilized an in-house Computable General Equilibrium Model (CGE).