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    Mongolia Social Protection Sector Fact Sheet

    Asian Development Bank | June 2017
    Abstract
    Due to persistent economic volatility, limited diversification, internal migration, and rapid urbanization, Mongolia currently faces rising inequality, expanding informal sector employment, and increasing vulnerability. This requires continuous focus on further improving the country’s social protection and welfare system. Asian Development Bank (ADB) has supported the social protection sector in Mongolia for the past 20 years and has helped to build its foundation. Through a mixture of programs, projects and technical assistance (TA) the bank also helped mitigate the adverse impacts of economic crises, ensure fiscal sustainability, develop welfare systems, and improve social protection services and service delivery. To date, ADB assistance to Mongolia’s social protection sector amounts to $238.19 million comprising five loans of $221.97 million, three grants for $12.94 million, and five TA projects for $3.28 million.
    Citation
    Asian Development Bank. 2017. Mongolia Social Protection Sector Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/7194.
    Keywords
    Pension Funds
    Mutual Funds
    Social Equity
    Financial Aspects
    Fiscal Policy
    Social planning
    Social policy
    Social administration
    Social security
    Social services
    Social welfare
    Poverty
    Unemployment
    Public Financial Management
    Financial System
    Financial Statistics
    Pension plans
    Individual retirement accounts
    Employee pension trusts
    Investment management
    Investments
    Multiemployer pension plans
    Keogh plans
    Individual retirement accounts
    Pension plans
    Employee pension trusts
    Pension trusts
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    Citable URI
    http://hdl.handle.net/11540/7194
    Metadata
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    social-protection-fs-mongolia.pdf (771.7Kb)
    Author
    Asian Development Bank
    Theme
    Social Protection
    Finance
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise