More: Mongolia
Sustained Reforms Crucial for Mongolia’s Long-Term Growth
Mongolia can build a more inclusive and sustainable economy by improving macroeconomic management, strengthening human development, increasing international trade, and diversifying the economy by...
Two new training centres to boost Mongolia’s light industry
Two training centres that will help build competitive leather and textile industries in Mongolia have been officially opened. The Industry of the Future blended...
EU and the World Bank Support Mongolia’s Efforts to Address COVID-19 Impact
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...
Mongolia: World Bank Mobilizes $2.2 Million to Strengthen Medical Diagnostic Services
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...
Mongolia Poverty Update: Report
The National Statistics Office
of Mongolia (NSO) and the World Bank today launched a new joint poverty report,
Mongolia Poverty Update, which draws on the 2018...
Mongolia, ADB Sign Grant to Develop Participatory Food Waste Recycling
The Asian Development Bank (ADB) and the Government of Mongolia have
signed a $3 million grant agreement to improve food waste recycling in local
communities in...
Mongolia has Come a Long Way: What is Needed to Consolidate These Gains?
When I last visited Mongolia in 2016, the country was on the brink of a
deep economic crisis, with a large fiscal deficit and unsustainably...
ADB, XacBank Sign Private Sector Loan to Support MSMEs in Mongolia
The Asian Development Bank (ADB) and XacBank signed today a $30 million
A loan agreement—as part of a financing package which includes cofinanciers—to
support expansion of...
ADB Starts Second Eco-Tourism Project for Mongolia’s National Parks
The Asian Development Bank (ADB) and the Government of
Mongolia today wrapped up one successful eco-tourism project and embarked on a
second project aimed to help...
Scaling up support for sustainable development: Mongolia on the rise
Mongolia’s economic rebound in recent years reveals a country rising up
to the challenges borne from adverse economic shocks. The country’s economic
resilience comes as no...