Mongolia and ADB
In the Spotlight
ADB Begins New Mongolia Partnership with $250 Million to Avert Crisis in Social Services, Banking Sector
ADB's Country Partnership Strategy for Mongolia envisages total assistance of $1.2 billion over 2017-2020, and approved two policy-based loans totaling $250 million. The loans will help maintain funding for social welfare programs for the poor and vulnerable, and stabilize and restructure the banking industry.
Mongolia, with support from ADB, is improving primary health care in remote areas across the country thanks to technological innovations such as e-Health and Telemedicine.
Ensuring Health Care Services for the Poor During a Financial Crisis: The Medicard Program in Mongolia: Experiences and Lessons Learned
This paper describes the Medicard program implemented in Mongolia in 2011–2013 to protect the poor by providing free health services.
ADB’s assistance has played an important role in transforming Mongolia into a middle-income economy, and ADB’s country strategy for Mongolia has evolved over the years to match the changing needs of the country.
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.
Projects in Mongolia
- Strengthening Systems for Promoting Science, Technology, and Innovation
- Supporting the Development of an Education Sector Master Plan
- Strengthening Information and Communication Technology Systems for Efficient and Transparent Tax Administration
- Establishing Sovereign Wealth Fund Management Institution
- Banking Sector Rehabilitation and Financial Stability Strengthening Program
Average annual population growth rate in Mongolia (2011-2016)
Maternal mortality ratio in Mongolia, per 100,000 live births (2015)
Population in Mongolia, in millions (2016)
Population living below the national poverty line in Mongolia (2014)