ADB partnered with Golomt Bank to provide a loan agreement supporting sustainable growth in Mongolia.

The entities involved

• Asian Development Bank →

  regional development bank

  • The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.Mon 15:15
  • The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.Mon 12:12
• Mongolia →

  country in East Asia

  • New direct air connectivity has been established, involving entities including Mongolia, Ulaanbaatar, and New Delhi.Mon 15:16
  • Mongolia is expanding bilateral relations in trade and economic sectors, with the drafting of SEZ law requiring approval from the autumn parliamentary session.Mon 13:21
• Golomt Bank →

  bank from Mongolia

  Nothing else this week.

Related events

• Uzbekistan and Mongolia agreed to develop the Aral-Gobi Partnership.Sep 4
• ROK provides technology and financing to the Asian Development Bank (ADB) to help develop critical minerals in Uzbekistan.Sep 14
• ADB supports India's infrastructure financing needs.Sep 4
• Cabinet approved an ADB-supported loan program on September 1st.Sep 9
• Uzbekistan joins regional projects supported by the Asian Development Bank.Wed 09:16