Mongolia and ADB | Asian Development Bank

Mongolia and ADB

In the Spotlight

  • 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.

  • Mongolia: Country Operations Business Plan (2019-2021)

    The Country Operations Business Plan is consistent with the strategic priorities of the country partnership strategy (CPS), 2017–2020 of ADB for Mongolia. In line with the Government Action Plan, 2016–2020 and the midterm review of Strategy 2020, the overarching goal of the CPS is to help Mongolia sustain inclusive growth in a period of economic difficulty.

  • ADB Warns About Fundraising Scams in Mongolia

    The ADB Office of Anticorruption and Integrity (OAI) advises the public to be aware of scams soliciting money fraudulently and claiming an affiliation with ADB. The bank is investigating complaints of individuals posing as ADB staff or using ADB office addresses to raise money in exchange for a loan or reward. 

  • Mongolia: Supporting an Emergent Middle-Income Economy

    This country brief emphasizes that ADB’s assistance has played an important role in transforming Mongolia into a middle-income economy, and its 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.

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