fbpx Mongolia and ADB | Asian Development Bank

Mongolia and ADB

Building on a 3-decade partnership and a new country partnership strategy, ADB will help Mongolia recover from the COVID-19 pandemic and progress toward sustainable and inclusive development.

In the Spotlight

Mongolia Facts

ADB's Work in Mongolia

Mongolia’s gross domestic product expanded by 1.4% in 2021, after a difficult year in 2020. Employment has been under pressure because of the prolonged adverse impacts of the coronavirus disease (COVID-19) pandemic. The Government of Mongolia introduced new policy measures o address COVID-19 in February 2021 with a total budget of over $3.5 billion.

ADB launched a new country partnership strategy for Mongolia in 2021, which aims to aid economic recovery and help lay foundations for long-term inclusive and sustainable growth. ADB will focus on fostering equitable social development and economic opportunities, investing in climate-resilient infrastructure, driving economic competitiveness and diversification, and promoting sustainable and green development.

  More on ADB's work in Mongolia
  30 Years of Partnership
  Country Partnership Strategies

Data: Mongolia

Economic Forecasts

Economic Forecasts

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

  Learn more
Poverty in Mongolia

Poverty in Mongolia

Development indicators for Mongolia, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

  Learn more
Results of ADB-Supported Operations

Results of ADB-Supported Operations

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

  Learn more
Projects Cofinanced

Projects Cofinanced

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.

  Learn more

ADB Projects in Mongolia   View all projects

Featured

  • Saving Mongolian Forests with Finnish Expertise

    Famously known for its deserts and steppes, Mongolia is actually a forest nation too. Boreal forests cover 14.2 million hectares or 9% of this vast country. Compared with tropical forests, boreal forests store twice as much carbon per hectare, much of it below ground. 

Approved/Active

Proposed

  See procurement and consulting opportunities

What's New

Contact: Mongolia Resident Mission (MNRM)

Level 18, Shangri-La Office, Shangri-La Centre, 19A Olympic Street, Sukhbaatar District-1, Ulaanbaatar 14241, Mongolia

  Office Hours: 9 a.m. to 6:00 p.m. (Monday to Friday)

  Tel +976 11 313440 / 323507 / 329836
  Fax +976 11 311795
  E-mail
  @adbmongolia
Pavit RAMACHANDARAN (Mr)
Country Director
  E-mail
Gantuya GANZORIG (Ms)
External Relations Officer
  E-mail
Itgel LONJID (Ms)
NGO Focal Point
  E-mail
Edward FABER (Mr)
Country Economist
  E-mail

  About MNRM

The Mongolia Resident Mission (MNRM) was established in 2001. It is located in Ulaanbaatar, Mongolia's capital.

MNRM's primary responsibilities include:

  • Country strategy and programming
  • Policy dialogue and support
  • Portfolio management and administration of delegated projects
  • Technical assistance processing
  • Aid coordination
  • Economic and sector and other analytical work
  • Government, civil society, and private sector relations
  • Country reporting

  Holidays 2023

MNRM will be closed on these dates:

  • Lunar New Year*: February 21, 22, 23 (Tuesday, Wednesday, Thursday)
  • International Women's Day: March 8 (Wednesday)
  • International Children's Day: June 1 (Thursday)
  • Naadam Holiday: July 10, 11, 12 (Monday, Tuesday, Wednesday)
  • Genghis Khan's Birthday*: November 14 (Tuesday)
  • National Liberty and Independence Day: December 29 (Friday)

* = Subject to lunar calendar

Last updated: 17 January 2023