Asian Development Bank and Mongolia: Fact Sheet
ADB assistance to Mongolia raises standards of living by combining targeted financing with best-practice knowledge from around the world.
Today, Mongolia is facing serious economic challenges and strengthening of social protection and diversification of the economy are essential to sustaining Mongolia’s recent accomplishments in poverty alleviation. ADB will help address infrastructure gaps, promote renewable energy, regional economic integration, access to basic urban services, support to agribusiness, and the efficient delivery of social services.
ADB has been Mongolia’s largest multilateral development partner since 1991, playing a central role in the country’s transformation to a middle-income, market-based economy. ADB has approved sovereign loans totaling $1.55 billion, nonsovereign loans totaling $96.1 million, grants totaling $229.4 million, and technical assistance projects worth $137.7 million for Mongolia.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Mongolia as well as concise information on ADB's operations in the country and contact information.