MONGOLIA: Central Asia and Mongolia received approximately €1.72 billion in funding from the European Bank for Reconstruction and Development last year. The investment was directed toward 120 projects spanning infrastructure, energy, and private sector development. Officials say the funding aims to strengthen economic resilience and sustainable growth across the region. Many of the projects focus on improving connectivity and expanding renewable energy initiatives. The support reflects growing international commitment to long-term development in emerging markets.
- Pray that development projects create fair employment opportunities and uplift communities across the region (The Holy Bible, Deuteronomy 24:14–15).
- Pray that institutions managing these investments act with justice and integrity for the benefit of all people (The Holy Bible, Proverbs 16:8).
News Source: News Now – Mongolia
Image Source: Canva
