Mongolia has now become one of the fastest growing countries in the world, and finds itself on the threshold of prosperity. With its vast mineral resources, including copper, gold, and coal, the economy is expected to maintain a fast pace in the years ahead, although vulnerabilities remain. If carefully managed, this growth could substantially reduce poverty and lead to Mongolia’s emergence as a middle-income country.

Based on its country partnership strategy (CPS) for Mongolia, 2012- 2016, and consistent with government priorities, ADB will foster a sustainable and inclusive growth process that benefits all Mongolians. Assistance will focus on transport, energy, and water supply infrastructure; access to education and health; and regional economic cooperation.