Mongolia Education Sector Fact Sheet

Abstract

While Mongolia has made significant achievements in expanding access to education, ensuring its quality and relevance remains a major challenge. Since 1991, when student enrollments started to fall sharply with the withdrawal of assistance from the former Soviet Union, Asian Development Bank (ADB) has been steadily supporting Mongolia’s education development at all levels from preprimary to higher education, as well as technical and vocational education and training (TVET). ADB’s assistance during the transition from a centrally planned economy to a market economy helped restore the enrollment level to that of the pretransition period and address new skills required for the market economy. To date, ADB’s support to education in Mongolia’s has amounted to $126.4 million, comprising six loans ($84.4 million), six grants ($34.5 million), and 14 technical assistance operations ($7.4 million).