Mongolia, Sept. 29 -- Mongolia's economic growth is expected to be driven this year by a recovery in livestock numbers and the ramp-up of the Oyu Tolgoi underground mine. However, weaker coal exports and reduced government spending have led the Asian Development Bank (ADB) to lower its growth forecast.According to the Asian Development Outlook (ADO) September 2025 report, ADB projects Mongolia's economic growth at 5.7% in both 2025 and 2026, down from April's forecasts of 6.6% and 5.9%, respectively. Demand for Mongolia's export minerals, especially coking coal, is expected to remain weak in 2025-2026 due to higher tariffs and trade restrictions affecting steel production in the People's Republic of China (PRC). In addition, recent governme...