Mongolia’s management of public finances has improved, but further reforms are needed in some areas to achieve international best practice standards, a recentWorld Bank assessment finds....
It all began exactly thirty years ago. On February 14, 1991, the eve of Tsagaan Sar, Mongolia joined the World Bank Group[1]. This was the period...
Mongolia needs more selective infrastructure investments that target key value chains in order to drive growth, lower costs, and boost the competitiveness of the country’s economy,...
Mongolia is an exceptional country when it comes to Eurasian geopolitics, linking China with Russia, two great countries in terms of military and economic capabilities, geographical...
A new report by the World Bank estimates that out of every dollar in mineral revenues Mongolia has generated over the past 20 years, only one...
It has been exactly nine years since former U.S. Vice President Joe Biden visited Mongolia. Mr. Biden’s visit to the only functioning democracy in the entire...
Mongolia can build a more inclusive and sustainable economy by improving macroeconomic management, strengthening human development, increasing international trade, and diversifying the economy by building on...
Two training centres that will help build competitive leather and textile industries in Mongolia have been officially opened. The Industry of the Future blended learning centre...
The European Union and the World Bank will reprioritize the use of EUR 680,000 within the Strengthening Governance in Mongolia Project, funded by the European Union,...
The World Bank mobilized US$2.2 million to help strengthen Mongolia’s hospital services in the wake of the COVID-19 pandemic. The funding will be used to purchase the...