Ulaanbaatar
Balance of Payments for First half of 2015
EconomyUlaanbaatar /MONTSAME/ Compared with the preliminary estimates of Balance of Payments (BOP) which were released on July 30, the revised estimates show that current account deficit has risen by USD 118.4 million and capital and financial account surplus have increased by USD 157.1 million respectively. As a result, errors and omission have decreased by USD 38.7 million.
These changes are subject to quarterly survey received from enterprises. Particularly, the reported net operating incomes of resident entities were significantly larger than the estimates in the preliminary BOP. Therefore, differences of the figures are recorded as reinvested earnings in current account and reflected in financial accounts, reported the BoM on Wednesday.
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