Mongolia’s growth to stay muted for 2022 at 2.3 percent before climbing in 2023
Mongolia’s economic growth is expected to be constrained by high inflation, persistent trade disruptions, tighter external financing conditions, and complex geopolitical risks before accelerating in 2023 as coronavirus disease (COVID-19) concerns and trade disruptions ease, says a new report by the Asian Development Bank (ADB) released today, April 6.
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