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Mongolia Poverty Update
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Despite robust economic growth, Mongolia is struggling to translate the benefits of its recent macroeconomic growth into household-level welfare, especially for the poor. The national poverty rate fell slightly from 29.6% in 2016 to 28.4% in 2018. Watch this video to learn more about the poverty trend in Mongolia based on Mongolia Poverty Update 2018, a joint report by the National Statistics Office of Mongolia (NSO) and the World Bank. Learn more: http://www.worldbank.org/mongolia Still haven’t subscribed to World Bank YouTube? ► ► ► http://wrld.bg/x4SB50x47Lu Get more stories on development with our newsletter. Choose from different categories and select your preferred language: https://www.worldbank.org/en/newsletter-subscription ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Website: http://www.worldbank.org Immersive Stories: https://www.worldbank.org/en/who-we-are/news/biggerpicture Events: http://live.worldbank.org Follow us on social media ► ► ► Facebook: http://www.facebook.com/worldbank Twitter: http://www.twitter.com/worldbank Instagram: http://www.instagram.com/worldbank LinkedIn: https://www.linkedin.com/company/the-world-bank
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2020-07-07T01:38:41Z
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Despite robust economic growth, Mongolia is struggling to translate the benefits of its recent macroeconomic growth into household-level welfare, especially for the poor. The national poverty rate fell slightly from 29.6% in 2016 to 28.4% in 2018. Watch this video to learn more about the poverty trend in Mongolia based on Mongolia Poverty Update 2018, a joint report by the National Statistics Office of Mongolia (NSO) and the World Bank.
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