Mongolia

Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

12 things to Know in 2012: The New Silk Road

The thriving east-west trade that once prospered along the famed Silk Road is slowly being restored to its former glory through transport and trade links being rolled out under the Central Asia Regional Economic Cooperation program. Here are 12 facts and figures on the New Silk Road. Read More

Overview

Despite breakaway growth, Mongolia faces severe development challenges including persistent unemployment and growing inequality, rapid urbanization, and isolation from international markets. Mining will generate revenues but not many jobs, and could reduce competitiveness of other exports.

ADB will foster a robust and enduring growth process, one that benefits all Mongolians. Assistance will focus on transport, energy, and water supply infrastructure; access to education and health; and regional economic cooperation.