Since its transition to a democracy and a market economy in 1990, Mongolia has had strong macroeconomic growth, high literacy and education levels, advanced public financial management, and a decline in poverty. GNI rose from US$528 in 1995 to US$1,890 in 2010. Read More »
* For active and closed projects, the commitment amount at Board approval is shown in US$ millions. This does not reflect any cancellations. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.