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Home News Item Asian Development Bank expects Mongolia’s GDP to grow 5.4 pct in 2023
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Asian Development Bank expects Mongolia’s GDP to grow 5.4 pct in 2023

april 04, 2023by Reacties uitgeschakeld voor Asian Development Bank expects Mongolia’s GDP to grow 5.4 pct in 2023

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ULAN BATOR, April 4 (Xinhua) — Mongolia’s GDP is projected to grow 5.4 percent in 2023 and 6.1 percent in 2024, supported by exports, recovery in mining, and its positive spillover to transport and other pursuits, the Asian Development Bank (ADB) said Tuesday.

This contrasts with previous gloomy growth expectations, despite tightened financing conditions globally and domestically, the ADB said in its latest eco

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