APO Presents Mongolia National Productivity Master Plan To Boost Growth, Resilience
KUALA LUMPUR, Jan 28 (Bernama) -- The Asian Productivity Organization (APO) announced the Government of Mongolia recently received the National Productivity Master Plan for Mongolia 2026–2035 at the Deputy Prime Minister’s office, Government Palace, Ulaanbaatar.
The master plan was formally handed over to the Mongolian Deputy Prime Minister, Khassuuri Gankhuyag, by APO Secretary-General, Dr Indra Pradana Singawinata, in an official ceremony.
According to the APO in a statement, the master plan, structured around five strategic thrusts, provides a national pathway to strengthen competitiveness and resilience by making productivity a deliberate, measurable priority.
It warns that without significant reforms, Mongolia’s annual gross domestic product (GDP) growth is projected to slow from 6.2 per cent in 2000 to 2024 to 4.2 per cent in 2026 to 2035 and further to 2.8 per cent from 2036 to 2050, driven primarily by a decline in labour productivity contributions from 4.0 per cent to 1.4 per cent.
Dr Indra described the master plan as a strategic instrument of statecraft, emphasising that productivity-focused policies can raise living standards, boost competitiveness, and expand opportunities.
Meanwhile, Deputy Prime Minister Gankhuyag reaffirmed the government’s productivity-led development goals, including increasing labour productivity and wages, sustaining growth above six per cent, and diversifying manufacturing.
He also stressed public sector reforms under the New Revival Policy, such as digitalising services, reducing bureaucracy, streamlining inspections, and rationalising special permits, noting that productivity impacts both service quality and citizens’ quality of life.
The plan also identifies eight priority sectors for productivity acceleration, including agriculture, forestry and fishing; processing industries; wholesale and retail trade; education services; and accommodation and food services.
Established in 1961 with eight founding members, the APO is a regional intergovernmental organisation dedicated to improving productivity across the Asia-Pacific through policy advice, institutional capacity building, and knowledge sharing.
-- BERNAMA