3,411.42Mongolia’s economic growth for 2021 will be 4.3 percent, below thatpreviously forecasted by the World Bank.
The fight against the novel
Mongolia’s economy to grow less than expected
2021-01-14
Mongolia’s economic growth for 2021 will be 4.3 percent, below thatpreviously forecasted by the World Bank.
The fight against the novel
Fitch reports that the volume of coronavirus-related restructured loans is likely to delay further the resolution of asset-quality issues of
The Mongolian economy is projected to contract by 2.4 percent in 2020 as weak external demand and COVID-19 containment measures
Mongolia was one of the first countries in the world to adopt strict Covid-19 containment measures, starting with a January
Due to the COVID-19 pandemic, Mongolian economy is frozen as many businesses had to close in order to prevent the
Mongolia’s commodity-dependent economy is facing a sharp slowdown in GDP and export growth, deterioration in the public finances and an
Moody’s Investors Service has changed the outlook on the Mongolian government’s issuer ratings to negative from stable.
The decision reflects rising
The Mongolian economy grew around 7.3 percent year on year in 2019, compared to 1.2 percent in 2016, said Prime