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Mongolia becomes new donor to World Bank's fund for poorest countries

Image: Devdiscourse. Rights remain with the publisher.

The World Bank Group said on Saturday that Mongolia has become a new donor to the International Development Association fund for the poorest countries after previously spending nearly three decades as a recipient of IDA funding The development lender said that Mongolias parliament approved a 48 billion tugrik 13 million contribution to the latest IDA funding round marking a milestone in the countrys development journey

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Section
Business
Topics
Startups
First reported by
Devdiscourse
Reporter
reuters
Published
Saturday, 17 October 2026, 10:28 am IST
Coverage
One outlet so far

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