1 BUSINESS DEVELOPMENT AND OPPORTUNITY WITH AGROFERT OF CZECH REPUBLIC WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2018/08/21      2 CHINESE FOREIGN MINISTER WANG YI TO PAY AN OFFICIAL VISIT TO MONGOLIA WWW.MONTSAME.MN PUBLISHED:2018/08/21      3 MONGOLIA’S SALES MANAGERS INDEX REACHES A FOUR-MONTH LOW IN AUGUST WWW.GOGO.MN PUBLISHED:2018/08/21      4 RUSSIAN MILITARY BRACES FOR MASSIVE WAR GAMES IN THE EAST WWW.APNEWS.COM PUBLISHED:2018/08/21      5 THE 'CHINGGIS FACTOR": MONGOLIANS RANKED 6TH IN THE WORLD BY IQ LEVEL WWW.NEWS.MN PUBLISHED:2018/08/21      6 MONGOLIA GDP GROWTH REACHES 6.3 PERCENT WWW.NEWS.MN PUBLISHED:2018/08/21      7 RIO OPENS NEW DIAMOND PIPE IN SUBARCTIC CANADA WWW.MINING.COM PUBLISHED:2018/08/21      8 INCREASE OF MINIMUM WAGE RATE TO COME INTO EFFECT FROM NEXT JANUARY WWW.MONTSAME.MN PUBLISHED:2018/08/21      9 MONGOLIA'S MINISTER OF HEALTH IN LUXEMBOURG TO DISCUSS DEVELOPMENT AID WWW.CHRONICLE.LU PUBLISHED:2018/08/21      10 MBD PROJECTS ON "DOING BUSINESS WITH BRITAIN IN 2018" WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2018/08/20      АГРОФЕРТ-ТЭЙ БИЗНЕС ХӨГЖЛИЙН САЛБАРТ ХАМТРАН АЖИЛЛАНА WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2018/08/21     ЗАЛУУЧУУДЫН ГАРААНЫ БИЗНЕСИЙГ ДЭМЖИН 170 САЯ ТӨГРӨГИЙН ДЭМЖЛЭГ ҮЗҮҮЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/08/21     ДАРХАН НЭХИЙ ХК: 2018 ОНД БОРЛУУЛАЛТЫН ОРЛОГОО 44 ХУВИАР ӨСГӨНӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/08/21     ЕВРОП РУУ ХИЙДЭГ ТАТВАРГҮЙ БАРААНЫ ЭКСПОРТОД ХҮНИЙ ЭРХИЙН ШАЛГУУР ТАВЬДАГ ГЭВ WWW.DNN.MN НИЙТЭЛСЭН:2018/08/21     ДОТООД ЗАСЛЫН ЗАРДЛЫГ ХАСВАЛ БАЙРНЫ ҮНЭ 20-25 ХУВЬ БУУРНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/08/21     Г.ГАНБОЛД: ”ЭРДЭНЭС МОНГОЛ” КОМПАНИ “ДИСКОВЕР МОНГОЛИА”-Д ЭРДЭС БАЯЛГИЙН БИРЖЭЭР ИЛТГЭЛ ТАВИХААР БЭЛДЭЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2018/08/21     НҮҮРСНИЙ ЭКСПОРТ ТҮҮХЭНД ДЭЭД ХЭМЖЭЭНД ХҮРСЭН ЭНЭ ҮЕД “COAL MONGOLIA-2018” БОЛОХ ГЭЖ БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2018/08/21     БАГА ЗАРДЛААР АЯЛАХ БОЛОМЖТОЙ ОРНЫ ТООНД МОНГОЛ УЛС БАГТАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/08/21     MBD ИЙН ИХ БРИТАНИ УЛСТАЙ 2018 ОНД ХЭРЭГЖҮҮЛЭХ БИЗНЕС ТӨСЛҮҮДИЙН ТАЛААРХ УУЛЗАЛТ БОЛЛОО WWW.MONGOLIANBUSINESSDATABASE.COM НИЙТЭЛСЭН:2018/08/20     АМ.ДОЛЛАРЫН ХАНШ ХЭРХЭН ТОГТОХЫГ УИХ ШИЙДНЭ WWW.ZGM.MN НИЙТЭЛСЭН:2018/08/20    

ADB financing to Mongolia totals over 2 billion USD www.theubpost.mn

The Mongolian government has been working closely with ADB since 1991. Over the past 17 years, Mongolia received 2.34 billion USD from ADB, according to Raushan Mamatkulov, the head of the Project Administration Unit at the ADB Mongolia Resident Mission. This is equivalent to 0.07 percent of ADB’s overall operation costs.

ADB operations in 67 countries, 48 in the Asia Pacific region, totaled 32.2 billion USD, including 11.9 billion USD in co-financing, last year.

As of March 31, 2018, the Mongolian government received 2.14 billion USD in loans (58 concessional loans and 14 ordinary capital resources), 103.8 million USD through 107 technical assistance and grants, 101.6 million USD in project and technical assistance co-financing, 94.5 million USD in non-sovereign loans (four loans), and 101.5 million USD in grant funding from the Japan Fund for Poverty Reduction.

To date, 38 loans and grants have been distributed to Mongolia through 29 projects with the total net amount of 1.15 billion USD. Currently, there are 43 ongoing technical assistance, 14 of which were approved in 2017. These assistances are worth 9.7 million USD. The total value of all ongoing technical assistance amount to 42.92 million USD and if we look closer at their allocation, 24 of them are for capacity building, 11 for project preparatory, seven for policy advisory, and one for regional technical assistance.
Loans and Grants approved in 2017

Last year, ADB projected almost 400 million USD for six new and ongoing projects.

No Project Name Amount (million USD) Source
1 Social Welfare Support Program, Phase II (PBL) 150.0 OCR
2 Banking Sector Rehabilitation and Financial Stability Strengthening Program 100.0 OCR
3 Ulaanbaatar Urban Services and Ger Areas Development Investment Program (Tranche-2) 67.85 OCR
4 Sustaining Access to and Quality of Education During Economic Difficulties Project 50.0 COL
5 Ensuring Inclusiveness and Service Delivery for Persons with Disabilities Project 25.0 COL
6 Community Vegetable Farming for Livelihood Improvement 3.0 JFPR
7 Ensuring Inclusiveness and Service Delivery for Persons with Disabilities 2.0 JFPR
TOTAL: 397.85 
OCR = ordinary capital resources, COL = concessional OCR lending, JFPR = Japan Fund for Poverty Reduction, PBL = policy-based loan



Published Date:2018-05-16