GDP of Mongolia grows by 6.3%

AKIPRESS.COM - GDP growth in Mongolia in the first 9 months of 2019 grew by 6.3%, the National Statistics Department reported. GDP of the country reached 13.7 trillion tugriks during this period, the report says.
Growth was due to positive indicators in the industry and construction, as well as service sector, which increased by 6% and 6.9% consequently.
The country‘s GDP increased by 7.3% in the annual quantities in the first half of 2019.
According to the international banks and financial organizations, growth forecasts for 2020 remain positive.