江苏快3是否真实:Mongolia and ADB
In the Spotlight
ADB?Board of Directors has approved $20 million in additional loan financing to expand the scope of an ongoing wastewater treatment project to an extra five fast-growing?aimag?(province) centers of Mongolia.
ADB's urban development project aims to cut poverty by 30% in Mongolia’s capital city.?To kick-start that process, the first tranche of financing for the project, has started works to upgrade existing sub-centers—administrative and commercial hubs located within the ger areas.
In an?update?of its flagship annual economic publication,?Asian Development Outlook (ADO) 2018, ADB is revising its growth outlook for Mongolia to reach 6.4% in 2018 and 6.1% in 2019, exceeding its April estimates of 3.8% growth this year and 4.3% next year. This upward revision is based on better performance of coal exports and stronger than expected private consumption.?
The Country Operations Business Plan is consistent with the strategic priorities of the country partnership strategy (CPS), 2017–2020 of ADB for Mongolia. In line with the Government Action Plan, 2016–2020 and the midterm review of Strategy 2020, the overarching goal of the CPS is to help Mongolia sustain inclusive growth in a period of economic difficulty.
Mongolia urgently needs to restore macroeconomic stability to ensure social stability, and to develop in the longer term a more resilient and diversified economy that can consistently deliver rapid, inclusive, and sustainable growth.?
ADB assistance in Mongolia addresses key development challenges by supporting investments, policy reforms, capacity building, and knowledge sharing to sustain inclusive growth in a period of economic difficulty.?
Mongolia is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Projects in Mongolia
- Social Welfare Support Program Phase 2
- Demonstrating Future Thinking and Foresight in Developing Member Countries
- Combating Domestic Violence Against Women and Children
- Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subregions
- Strengthening Knowledge and Actions for Air Quality Improvement