Mongolia and ADB
In the Spotlight
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Development Follows the Road in Mongolia's Western Region
A new road is now bringing economic growth and social development to a remote part of Mongolia.
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ADB Expands Wastewater Project to 5 Additional Mongolia Aimags
ADB Board of Directors has approved $20 million in additional loan financing to expand the scope of an ongoing wastewater treatment project to an extra five fast-growing aimag (province) centers of Mongolia.
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Can Better Urban Planning Help Ulaanbaatar Glimpse a Brighter Future?
ADB's urban development project aims to cut poverty by 30% in Mongolia’s capital city. To kick-start that process, the first tranche of financing for the project, has started works to upgrade existing sub-centers—administrative and commercial hubs located within the ger areas.
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Mongolia's Economic Recovery Continues on Strong Growth — ADB
In an update of its flagship annual economic publication, Asian Development Outlook (ADO) 2018, ADB is revising its growth outlook for Mongolia to reach 6.4% in 2018 and 6.1% in 2019, exceeding its April estimates of 3.8% growth this year and 4.3% next year. This upward revision is based on better performance of coal exports and stronger than expected private consumption.
Mongolia urgently needs to restore macroeconomic stability to ensure social stability, and to develop in the longer term a more resilient and diversified economy that can consistently deliver rapid, inclusive, and sustainable growth.
ADB assistance in Mongolia addresses key development challenges by supporting investments, policy reforms, capacity building, and knowledge sharing to sustain inclusive growth in a period of economic difficulty.
Mongolia is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Latest
ADB Opens a New Wastewater Treatment Plant in Arvaikheer, Mongolia
ADB and the Uvurkhangai Provincial Government of Mongolia today inaugurated a new wastewater treatment plant in the provincial capital Arvaikheer.
ADB-Sponsored Forum Supports Intra-Regional Trade Finance to Close Market Gaps
More than 100 representatives from 52 banks from the Caucasus, Central Asia, Mongolia, Pakistan, and Turkey gathered at a forum convened by ADB's Trade Finance Program to discuss ways of closing market gaps for trade finance.
Development Follows the Road in Mongolia's Western Region
A new road is bringing economic growth and social development to a remote part of Western Mongolia.
Projects in Mongolia
Approved/Active
- Railway Sector Development in Central Asia Regional Economic Cooperation Countries
- Asian Development Outlook 2019–2021
- Demonstrating Future Thinking and Foresight in Developing Member Countries
- Combating Domestic Violence Against Women and Children
- Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subregions
