Over the past 20 years, Mongolia has transformed into a vibrant multiparty democracy with a booming economy. Mongolia is at the threshold of a major transformation driven by the exploitation of its vast mineral resources. Substantial progress has been made in regard to several Millennium Development Goals at the national level, though significant regional disparities prevail.
Read More »
The World Bank Group is providing almost $1 billion to support reconstruction—$500 million budget support to help finance overall recovery and reconstruction, $480 million for a national community driven development project for social services and infrastructure.Read More »