Strategy

ADB's strategy aims to build on its core competences identified in Strategy 2020, The Long-Term Strategic Framework of the Asian Development Bank, 2008–2020, while playing an integral role in the National Development Strategy of Mongolia. ADB will practice results-based management for competitive, sustainable and regionally integrated growth, and inclusive social development. Private sector development, regional cooperation, natural resource management, and gender equality will be mainstreamed into all ADB operations, while poverty reduction remains the overarching goal.

Given its focus on Strategy 2020 and government priorities, ADB will concentrate support for growth and inclusive social development on four sectors: transport, urban development, education, and health. In each, ADB will play an influential role in directing policies, developing capacity, and aligning external resources with government priorities. ADB will employ sector-wide approaches and use state systems to the greatest extent possible.

ADB will also reengage in the energy sector and assist the government in developing an energy sector master plan with the understanding that this may evolve into a core sector for ADB assistance.