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Video July 6, 2020

Mongolia Poverty Update

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.