Mongolia: Reforms Crucial to Navigate Stronger Headwinds
After a strong initial rebound, Mongolia’s economic recovery stalled in the last three quarters of 2021, and the growth outlook
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After a strong initial rebound, Mongolia’s economic recovery stalled in the last three quarters of 2021, and the growth outlook
The World Bank’s latest Mongolia Economic Update projects that the economy will grow by 2.5 percent in 2022, reflecting lingering border frictions with China and the impact of the war in Ukraine.
News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.
Hit by the COVID-19 crisis, Mongolia’s economy has experienced the worst contraction since its economic transition in early 1990s, but it is projected to rebound in 2021.