Mongolia and ADB

In the Spotlight

Following years of expansionary macroeconomic policies, a sharp drop in foreign direct investment and plummeting commodity prices see Mongolia facing serious economic challenges. These include debt accumulation, rapidly slowing economic growth, and pressure on the country’s balance of payments. While these challenges must be addressed, diversification of the economy and strengthening of social protection remain essential to alleviating poverty

ADB assistance in Mongolia works to raise the country’s standard of living by combining effective financing models with global knowledge on best practices.

Mongolia is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.

Fact Sheet


Latest


Projects in Mongolia