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Mongolia Economic Update : Sustaining the Gains - Special Focus : Distributional Impacts of Mongolia’s Fiscal System (Inglés)

Mongolia’s coal-driven economic growth since 2023 has elevated the country to upper-middle-income status (UMIC) in 2024. Real gross domestic product (GDP) growth has remained robust, driven by mining and transport services, despite a sharp contraction in the agriculture sector. On the demand side, domestic demand was a key driver of growth, while the contribution of net exports to economic growth turned negative despite strong export performance...
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