Mongolia expects to receive USD 1.4 billion investment - News.MN

Mongolia expects to receive USD 1.4 billion investment

Old News! Published on: 2018.05.11

Mongolia expects to receive USD 1.4 billion investment

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Earlier today (11 May), the State Great Khural, as the Mongolian Parliament is known, discussed the 2019 State Budget. According to the finance minister, next year, the country will receive a total of USD 1.4 billion in investment in 2019; nearly one billion is projected for the Oyu Tolgoi underground mine development – the remainder in construction sector.

Mongolia economic growth forecast is eight percent in 2018 and six percent in 2020.

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