Mongolian economy growth exceeds
The Asian Development Bank (ADB) has forecasted the economic growth of Mongolia with increase by 4% in 2017 and by 3% in 2018.
Mongolian economy growth exceeds. The Asian Development Bank (ADB) has forecasted the economic growth of Mongolia with increase by 4% in 2017 and by 3% in 2018. This is more positive expectation compared to the forecast by last April. Similar assumptions were observed by the World Bank (WB) and International Monetary Fund (IMF) noting the GDP of Mongolia is expected to increase by 2% in this year after monitoring the first stage of IMF program being implemented in Mongolia.
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