National economy is hoped to revive
National economy is hoped to revive.
National economy is hoped to revive from 2016. By a forecast, the growth of Mongolian economy went up by 3% in 2015, and the growth is believed to be 4 % in 2016. International financial organizations made better assumptions about the Mongolian economy for 2016, for example, the International Monetary Fund believes the Mongolian economic growth would increase by 3.6%, while the World Bank said it will reach 4.1% in 2016. The Asian Development Bank projected Mongolia’s economic growth will be 3.2%. All these positive assumptions are made basing on increasing productions of copper and ore, gold and concentrate to be exploited from the Oyu Tolgoi mine in the south Gobi region.
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