Preliminary Balance of Payments for January, 2017
Capital account balance totaled to $2.4 million
deficit which is $49.5 million decline compared to the same period of the previous
year. The change was due to decrease by $43.9 million in goods and services
account creating surplus of $19.4 million, and decrease by $5 million in income account creating deficit
of $41.3 million.
Financial account had a surplus of $97.3 million
which is declined by $303.3 million compared to the same period of the last
year. According to the interpretation of 6th edition of Balance of
Payments manual, Mongolia has a net borrowing during this period.
As of the first month
of 2017, overall balance of payment deficit was $175.9
million, net error and omissions was -$76.2 million.
Balance of Payments for January, 2017, by million USD