Mongolia and ADB | Asian Development Bank

Mongolia and ADB

In the Spotlight

  • Mongolian Growth Exceeds Expectations Due to Strong Economic Performance

    Mongolia’s strong economic performance in the first half of 2017 will likely continue for the rest of the year. Continued commitment to macroeconomic stability, coupled with a favorable external environment, should mean that Mongolia’s recovery continues, according to a new ADB report.

  • ADB's Work in Mongolia

    Mongolia began revamping its economy and society in the early 1990s and ADB was an early, trusted partner in this effort. The work continues today.

  • 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.

  • Technology Brings First-class Health Services to Rural Mongolia

    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.

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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