challenges may test the country’s

Following Mongolia’s 2024 election, a new government faces the challenge of sustaining economic growth amid rising global uncertainty. Strong export performance and fiscal expansion fuel optimism, but structural challenges may test the country’s resilience. The Mongolian economy is continuing its recovery from COVID-19-related slowdown. Economic growth was 4.9 per cent in 2024, which is significantly lower than the 7.4 per cent growth in 2023 and the average growth rate of 6.4 per cent over the past 18 years. The industrial sector grew by 5 per cent, with the mining sector expanding by 5.7 per cent. สล็อตเว็บตรง