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Preliminary balance of payments for March, 2017

2017-04-26 13:39:18
Ulaanbaatar /MONTSAME/ Current and capital account balance totaled to USD 38.4 million surplus, which is USD 83.8 million increase compared to the same period last year. The change was mainly due to increase by 32 percent or USD 30.4 million in goods and services account, and decrease by 31 percent or USD 63.8 million in primary income account.
Financial account had a surplus of USD 173.1 million in the first 3 months. Last year, Mongolia had a net borrowing of USD 202.2 million from the rest of the world, whereas this year it totaled to USD 173.1 million outflow. Thus, the net external financing had decreased by USD 375.3 million. As of the first 3 months of 2017, overall balance of payments deficit was USD 165.7 million.