GDP Growth Set To Soar

Mongolian economic growth will accelerate substantially in 2010 and beyond. Over the long term, foreign investment will underpin significant development in the mining sector, which will feed through to the wider economy. With export volumes expected to increase by over 400% by 2014, we also expect the current account to show strong surpluses, reaching 24.9% of GDP by the end of our five-year forecast period.

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