The IMF study analyzes the impact of public and private sector wage increases on inflation in Mongolia, revealing that private wages drive inflation more immediately, while public wage hikes have a ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The substantial increase in public sector wages in Mongolia introduced in the 2023 supplementary budget has raised concerns ...

ULAN BATOR, March 8 (Xinhua) -- Mongolia's central bank has raised its benchmark interest rate by 2 percentage points to 12 percent amid rising inflation, local media reported on Saturday, citing ...