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Mining and the next phase of diversification

How mining revenues are financing infrastructure, energy and the services economy.

Mining and the next phase of diversification

Our view

A young population and a deepening capital market create growing demand for long-term private capital. With a median age of 28 and more than half of the population under 30, Mongolia’s workforce and consumer base continue to grow.

What we are watching

  • Inflation and monetary policy after the double-digit readings of 2021–2022.
  • Issuance on the government, corporate and OTC bond markets.
  • Progress on infrastructure and energy projects.

This article is provided for general information only and does not constitute investment advice.

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