IMF says Mongolia’s debt forgiveness plan violates 2017 bailout deal
A plan by the
Mongolian government to repay 776 billion tugriks ($283 million)
of debt held by its elderly citizens is not in line with the
pledges it made in 2017 to secure a bailout deal from the
International Monetary Fund, the IMF said on Friday.
Mongolian government to repay 776 billion tugriks ($283 million)
of debt held by its elderly citizens is not in line with the
pledges it made in 2017 to secure a bailout deal from the
International Monetary Fund, the IMF said on Friday.
Posted by Reuters
