Mongolia joins World Bank’s IDA donor community
Parliament approved an MNT 4.8 billion contribution, which the World Bank describes as approximately US$1.3 million.
Event / data period: 2026-10-17
Published: · Updated:
Mongolia became a donor to the International Development Association after parliament approved a contribution to IDA’s 21st replenishment, according to the World Bank Group on 17 October. The contribution is MNT 4.8 billion, approximately US$1.3 million as stated by the source.
Mongolia joined the World Bank Group in 1991 and received more than US$1.62 billion in development financing, including IDA support, before graduating from IDA in July 2020. IDA provides grants and concessional financing to 78 low-income countries. The announcement describes the newly approved contribution; it does not say the funds have already been transferred.
Data
Parliament-approved contribution
Parliament-approved contribution
| Source-stated approximate equivalent | 1.3 |
Methodology
The US$1.3 million equivalent is approximate as stated by the source; no conversion was calculated from the MNT amount.
Updated:
Parliament approves contribution
A contribution of MNT 4.8 billion to IDA21 was approved.
- · Occurred
Approved contribution
Parliament approved the contribution that makes Mongolia an IDA donor.
Methodology
The US$1.3 million equivalent is approximate as stated by the source; no conversion was calculated from the MNT amount.
Updated:
Subjects and places
Subject proposals
- Economy, business and financeSuggested
- Preserved editorial category/topic; broad candidate onlywww.worldbank.org ↗
Geographic references
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- Mongolia · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.worldbank.org ↗