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

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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- reuters
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- Saturday, 17 October 2026, 10:28 am IST
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