MONGOLIA 2018: DRIVING ECONOMIC GROWTH BEYOND BOOMING EXPORTS

Prospects for the “Land of the Blue Sky” are on the rise. Batbayar Balgan, CEO of the newly transformed Development Bank of Mongolia, sees the bank as having a significant role to play in spearheading growth and furthering the nation’s export-led recovery

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Mongolia’s recent economic transformation from a country hit by a commodity down cycle to its current export-fuelled growth trajectory against the backdrop of substantial deleveraging from its national debt, is remarkable. Recent macro-economic...

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