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ULAANBAATAR, MONGOLIA (3 March 2024) — The Asian Development Bank (ADB) and the Government of Mongolia today signed a $15 million additional financing agreement to help improve access to quality pre-primary, primary, and secondary education in Mongolia. ADB Director General for East Asia Muhammad Ehsan Khan and Minister of Finance and ADB Governor Javkhlan Bold signed the agreement at a ceremony in Ulaanbaatar.
“Economic recession caused by the COVID-19 pandemic resulted in significant cuts in the education budget,” said Mr. Khan….