The Executive Board of the International Monetary Fund (IMF) has approved Mongolia’s request for emergency financial assistance under the Rapid Financing Instrument (RFI) equivalent to SDR 72.3 million (about US$99 million, or 100 percent of quota) to meet urgent budgetary

The Asian Development Bank (ADB) on Wednesday (3 June) said it has raised 21 billion Mongolian Tugrik (MNT) – about USD 7.5 million –  in a groundbreaking issue of the first offshore MNT-linked Nomad Bonds. The Manila-based multilateral lender said

Buses will start running from 5 June on six routes to the Ulanbaatar Valleys on a daily basis. In the past, the camp buses start running to the Valleys from 15 June. This year, the schedule of the camp buses

The 2021 European Union Visitors’ Programme has been announced with a deadline for receiving applications on 15 June 2020. The European Union Visitors. Programme (EUVP) is an individual study programme for promising young leaders, politicians, staffers, diplomats and opinion moulders

Mongolia has marked today (3 June) World Bicycle Day. According to a recent survey, 39.3 percent of Ulaanbaatar’s population uses public transportation to go to work, 6.5 percent walk, 2.6 percent grab a taxi and 2.4 percent ride bicycles or

Civil servants in the Mongolian capital started working an hour earlier at 08.00 from 1 June as the warmer season arrived. The summer time shift will last until 31 August. The working hour changes are related to the efficiency of

As at the end of May, a total of 29.2 million new-born animals have been counted across Mongolia, reported the Ministry of Food, Agriculture and Light Industry.

With the birth rate of livestock, Bayan-Ulgii and Khovd provinces are leading with 97.3

Mongolia, a leading supplier for global cashmere, has seen demand for its luxury fibers plummet during the coronavirus pandemic. Sales fell near 70 percent as Chinese traders and Western shoppers have been isolated and businesses and factories closed.

Khatant International, a

Mongolia has exported a total of 5.2 million tons of coal so far this year, virtually all to China, according to data released by the Mongolian Customs General Administration on Tuesday 2 June.

The figure represents a decrease of 2.6 times

Mongolia’s 2020 parliamentary election is fast approaching. The important event will be held on 24 June.

Earlier today (3 June), the Independent Authority against Corruption released the income and revenue statements of the 606 candidates who are running. The financial information