1 COVID-19: 2,153 NEW CASES, 17 DEATHS REPORTED WWW.MONTSAME.MN PUBLISHED:2021/10/20      2 EBRD TO IMPLEMENT GREEN GROWTH PROJECT IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2021/10/20      3 BALANCE OF PAYMENTS TO BE IN SURPLUS OF USD200 MILLION WWW.MONTSAME.MN PUBLISHED:2021/10/20      4 COAL EXPORT INCREASED BY 60 PERCENT WWW.MONTSAME.MN PUBLISHED:2021/10/20      5 BEIJING WINTER OLYMPICS READY TO ROLL AFTER LIGHTING OF OLYMPIC FLAME WWW.XINHUANET.COM PUBLISHED:2021/10/20      6 CHINA’S СOAL AND POWER CRISIS HITS GLOBAL ECONOMY WWW.RT.COM PUBLISHED:2021/10/20      7 FRESH COVID-19 FLARE-UP IN SEVEN PLACES LIKELY ‘IMPORTED THROUGH PORTS IN INNER MONGOLIA’ WWW.GLOBALTIMES.CN PUBLISHED:2021/10/20      8 MONGOLIA RECEIVES 28 THOUSAND FOREIGN ARRIVALS WWW.NEWS.MN PUBLISHED:2021/10/20      9 MEETING HELD WITH EBRD MANAGING DIRECTOR OF CENTRAL ASIA AND MONGOLIA WWW.MONTSAME.MN PUBLISHED:2021/10/20      10 CHINA-MONGOLIA BORDER PORT IN LOCKDOWN AS SHANGHAI TOUR GROUP TRANSMISSION EXPANDS WWW.GLOBALTIMES.CN PUBLISHED:2021/10/19      ФАТФ-ЫН ЗӨВЛӨМЖ 8, 15-ЫН ҮНЭЛГЭЭГ АХИУЛАХ БОЛОМЖ WWW.NEWS.MN НИЙТЭЛСЭН:2021/10/21     ҮР ТАРИАНЫ ХУРААЛТ 74 ХУВЬТАЙ, ХҮНСНИЙ НОГООНЫ ХУРААЛТ 92.5 ХУВИЙН ЯВЦТАЙ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/10/21     БҮХ ТӨРЛИЙН ТЭЭВРИЙН ОРЛОГО III УЛИРАЛД 351.4 ТЭРБУМ ТӨГРӨГ БОЛЖ, ӨМНӨХ УЛИРЛААС 8.4 ХУВИАР ӨСӨВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/10/21     Л.ХАЛТАР: ДАРХАНЫ 204.11 КМ АВТОЗАМЫН ӨРГӨТГӨЛ, ШИНЭЧЛЭЛТ 60 ХУВЬТАЙ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2021/10/21     КОРОНАВИРУСИЙН ХАЛДВАРААР ӨВЧЛӨӨД ЭДГЭРСЭН ТОХИОЛДЛЫН ТОО 500 МЯНГЫГ ДАВЛАА WWW.IKON.MN НИЙТЭЛСЭН:2021/10/21     ДЭМБ: “КОВИД19” ЦАР ТАХЛЫН НӨЛӨӨ 2022 ОНД Ч ҮРГЭЛЖЛЭХ ТӨЛӨВТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2021/10/21     ИРГЭД ЗЭЭЛИЙН ТҮҮХЭЭ ОНООГООР ХЯНАДАГ БОЛНО WWW.EAGLE.MN НИЙТЭЛСЭН:2021/10/21     ҮЙЛДВЭРЛЭГЧИЙН ҮНИЙН ИНДЕКС IX САРД ӨМНӨХ ОНЫ МӨН ҮЕЭС 27.6 ХУВИАР ӨСЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/10/20     WORLD ECONOMICS: МОНГОЛЫН ЭДИЙН ЗАСАГ ААЖМААР СЭРГЭЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/10/20     Х/14-НИЙГ ХҮРТЭЛХ 3 ДОЛОО ХОНОГИЙН ХУГАЦААНД НҮҮРС ТЭЭВРИЙН 6919 АВТОМАШИН ХИЛЭЭР НЭВТЭРЧЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/10/20    

Mongolia's economy to grow 4.6 pct in 2021: ADB www.xinhuanet.com

Sept. 22 (Xinhua) -- Mongolia's GDP is expected to grow 4.6 percent in 2021 on the back of continued economic rebound, the Asian Development Bank (ADB) said Wednesday.
The latest growth projection is slightly lower than the 4.8 percent forecast by the ADB in April.
Major drivers of the country's economic growth include robust export demand, increased private outlays as well as strong economic recovery of its neighbor China, the ADB said in its Asian Development Outlook 2021 Update.
"Despite over 65 percent of the country's total population becoming fully vaccinated, public health concerns and economic uncertainty remain high, and Mongolia has faced a significant challenge to mitigate COVID-19 risks to ensure sustainable economic recovery," said Pavit Ramachandran, ADB country director for Mongolia.
"Continuing health responses, maintaining macroeconomic stability, ensuring accommodative policies, targeting social protection, and fostering investment climate reforms are top priorities for this economic recovery puzzle," he said.
The country's GDP growth is expected to accelerate to 6 percent in 2022 as COVID-19 concerns ease, benefits from the vaccination program materialize, transportation and logistics issues affecting exports are resolved, and domestic demand rises, according to the bank.
The bank noted that downside risks of the outlook include new COVID-19 variants and persistent border restrictions which disrupt exports, undermine industrial output and keep inflation high.


Published Date:2021-09-23