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
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.
Mongolia: The Road to Prosperity
In what was once an isolated province in western Mongolia, a road project that links the country to the People’s Republic of China and the Russian Federation is changing lives for the better.
This publication showcases stories of successful partnerships between the Asian Development Bank and its member countries in Asia and the Pacific.
Together We Deliver: Results Achieved, Lives Improved
Projects in Mongolia
Approved/Active
- 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
- Vegetable Production and Irrigated Agriculture
