Economic Archives - News.MN



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Mongolian health sector spending rises due to coronavirus

Mongolia has spent MNT 37.6 billion on the health sector in the fight against the COVID-19 pandemic. According to Prime Minister U.Khurelsukh, the coronavirus economic rescue measures are being financed by state funds, international soft loans and assistance. Mongolia has

Mongolian coking coal prices drop after exports resume

After exports of Mongolian coking coal to China resumed as the risk of COVID-19 was seen receding, prices of the material have also receded under the weight of the present bearish coal market in China, according to Chinese sources. As

Putin approved major gas pipeline to China via Mongolia

On Friday, Russian President Vladimir Putin approved the launch of a feasibility study for the Power of Siberia-2 Pipeline to export natural gas from Russia’s Western Siberia to China, Xinhua reports.

Russian gas giant Gazprom has conducted preliminary technical and economic

New meat producing plant opens in Zavkhan province

The Mongolian province of Zavkhan, located in the west of the country, is implementing many new projects aimed at become a net meat  producer and not a consumer.

For example, a new meat producing plant with a daily capacity for slaughtering

Mongolian Government’s emergency economic measures announced

Mongolian Prime Minister U.Khurelsukh held a press conference at 3.00 p.m. in order to outline the decisions made by Cabinet at the meeting today (27 March).  Cabinet has approved a MNT 5.1 trillion financial support package for enterprises and Mongolian