Jasmine Halki via Flickr CC2.0 Second World Bank project
USD 20 million for an ‘economic transition project ’[1] that guides Mongolia from a state-economy to an open market.
Javier Ignacio Acuña Ditzel via Flickr CCMember of IMF & World Bank
Mongolia becomes a member of the International Monetary Fund (IMF), the World Bank (WB) and the Asian development Bank (ADB). It joins the International Monetary Fund (IMF) with a quota of SDR of 25 million[1] and receives the first IMF loan of USD22,5 million[2]. Read more