Mongolia: Technical Assistance Report-Nowcasting and Near-Term Forecasting System at the Bank of Mongolia
Mongolia: Technical Assistance Report-Nowcasting and Near-Term Forecasting System at the Bank of Mongolia
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Volume/Issue:
Volume 2026
Issue 060
Publication date:
ISBN:
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Exports and Imports , Inflation , Economics- Macroeconomics , nowcasting system , near-term forecasting system , model forecast averaging , forecasting system architecture , forecasting and policy analysis system , nntf system , Imf publication , Imf resident Representative , Mongolia Capacity Development Center , Icd department , Consumer price indexes , Consumer prices , Vector autoregression , Global , Middle East , Central Asia
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Summary
This report documents the development, testing, validation, and implementation of a nowcasting and near term forecasting system within the Bank of Mongolia’s monetary policy framework. The system supports timely macroeconomic surveillance and the conduct of monetary policy by providing a more systematic and reliable assessment of near-term economic conditions.
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