3. Key Highlights of the Country
Land: 1,565,000 km2 -- The 18th largest
country in the world ––the size of UK,
Italy, France and Germany combined
Population: 2,832,000 citizen - 135th
in the world – the size of Jamaica.
East to West: 2,392 km (1,487 miles)
Same distance as:
Washington, D.C. - Denver, CO, USA;
Moscow, Russia - Edinburgh, UK
Key Fact
Parliamentary democracy
Literacy rate - 97.8%
GDP 2009 - USD 4.2 billion
GDP per capita – USD 1,600
Huge reserves of copper, gold, silver, iron ore,
coal, molybdenum, tungsten, phosphates, tin,
nickel, zinc, fluorspar and uranium
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4. Khan Bank - Unique National Network
496 Branches
Estimated 80% of all Mongolian
households utilize Khan Bank’s
services
More than 1.5 million customers
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7. Macroeconomic Snapshot
2008 2009 2010* 2011* 2012*
Economic
Growth 8.9% -1.6% 7.5% 8.2% 7.8%
Inflation 22.1% 4.2% 7.8% 5.5% 6.2%
Net Official
Reserve
(mln US$) 623.9 1100.8 1947.1 1646.1 1787.1
Source: Bank of Mongolia, NSO, MoF, IMF/ World Bank
Per Capita Income vs % Change In Real GDP Economic Growth & Inflation
Steadily Increasing Export & FDI Major Industries
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8. Ranked in Top 7 of Mining Potential Globally*.
Stable political system
Tax regime.
Confidence level high –MMC, OT etc
Challenges:
x Corruption
x Infrastructure
x Legal environment
What the Experts Said:
Source:* Behre Dolbear presentation by Bernard J.Guarnera 8
9. Trickle-down Effects of Mining into the Economy
The massive investment in mining will have a significant positive impact on
the broader economy
Construction
Supply Chain/ Retail
Transport
Tourism
Real estate
Finance
GDP
Employment
Foreign Trade
Foreign Reserve
Currency Stability
Consumer Price Index
Health/Education
Infrastructure
GDP per Capita
Average Income
Buying Power
Industry Economy Public
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