The fact that Mongolia was told to stand in the naughty corner in November may have held things up a bit
http://theubpost.mn/2017/01/28/china-hopes-mongolia-has-learned-its-lesson-after-dalai-lamas-visit/
However, with an IMF bail-out around the corner Mongolia is about to shift up a few gears
" In Figure 1, we have listed average Mongolian GDP growth for 1, 3, and 5 years post an IMF bailout.
As can be seen, Mongolian GDP tends to perform well in the years following IMF bailouts and seem to correlate with cyclical economic recoveries. News headlines were also quite negative in the midst of these bailouts, but in reality, these were excellent times to allocate capital to Mongolia, with the exception being" 1991.
https://fronteranews.com/news/asia/mongolia-on-cusp-of-6th-bailout-is-the-sky-falling/
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