The annual study aims to give the 21 aimags of Mongolia a chance to identify their advantages and disadvantages, evaluate their capacities and determine their long-term development policies.

Opening the press conference on Wednesday, P.Tsagaan, Chairman of Board of the Economic Policy and Competitiveness Research Center said, “Competitiveness isn’t the name of financial capacity, it is a different characteristic. There is a common model of self-improvement based on such reports and assessment.” The study took account of 181 different indicators on each aimag based on statistical reports and survey. The Competitiveness of Provinces report has been released for the sixth time this year.

According to P.Tsagaan, who briefed the outcome of the study, the average competitiveness score of aimags decreased to 66 last year. The western region of Mongolia has seen the most significant decline in terms of competitiveness. “The governance performance indicator has also seen a major decline. In other words, the people’s trust in government is declining,” he said.

In 2017, economic indicators of five aimags increased in terms of amount whereas those of 15 aimags decreased. Orkhon aimag took the first place with 13.6 percent economic growth. Umnugobi aimag saw a 0.7 percent decline in its economy.
Kh.Aminaa