43127-012: Education for the Poor - Financial Crisis Response Project

Project Data Sheet (PDS): Overview


The financial and economic crisis has forced the Government of Mongolia (the Government) to embark on a process of fiscal adjustment. This is primarily centered around expenditure restraint in view of the dramatic worsening of prices of key exports, dwindling international reserves, and increased pressures on its currency. The Government is acutely aware of the pressure the current global crisis is placing on Mongolia's most vulnerable citizens and has therefore asked the Asian Development ... Read More

Country Mongolia
Project Number 43127-012
Type or Modality of Assistance Grant
Financing Public sector (Sovereign)
Status Closed
Approval Number Grant No. 0158
Approval Date 18 Sep 2009
Closing Date 18 Aug 2014
ADB Financing ($ thousand) 17,000
Geographical Location Mongolia
Sector Education
Subsector Education sector development
Pre-primary and primary
Secondary - social protection initiatives
Strategic Agendas Inclusive economic growth (IEG)
Drivers of Change Gender equity and mainstreaming (GEM)
Governance and capacity development (GCD)
Gender Equity and Mainstreaming Categories Category 2: Effective gender mainstreaming (EGM)
Safeguard Categories Environment: C
Resettlement: C
Indigenous People: C


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