Tourism is one of the first industries to be affected when countries close borders and ground all international flights. In early February, Mongolia was the first country to take drastic steps for preventing the spread of coronavirus by implementing advanced emergency management readiness and preparation. As a result of the quarantine measures lasting seven months many businesses have faced financial difficulties. In particular, Mongolia’s tourism sector is suffering greatly as most of its tourist camps closed down. In Mongolia, the tourism is a seasonal business. There are 574 tourist camps operating in Mongolia; 400 of them are active. Therefore, the tourism businesses cannot benefit from soft loan entitled ‘Green loans’ provided by Government due to lack of hard deposits.

One tourist creates jobs for an average 10 people in Mongolia. The Government had set itself a goal of attracting one million foreign tourists and earning one billion U.S. dollars from tourism in 2020.