Mongolia’s economy is projected to grow by 4.8% in 2024 according to the World Bank’s latest semi-annual Mongolia Economic Update.

As of April, export volume has decreased 146 million USD from the last year while import is increasing rapidly.

J.Ganbat, The Plenipotentiary representative of “Erdenes Tavantolgoi” JSC said that since the audit report has been finalized, 256,000 MNT of shares will be paid to citizens from tomorrow.

For the last six months, the Ministry of Economic Development has been continuously negotiating agreements with Russia.

The Board of Directors of “Erdenes Tavantolgoi” JSC held a meeting on February 16 and decided to distribute a dividend of 266 MNT per share from the net profit of 2023.

Gankhuleg.M, Deputy Minister of Food, Agriculture and Light Industry, has informed that Mongolia exported 80.2 thousand tons of meat last year.

Mongolian Financial Regulatory Commission has informed that totally 35 joint stock companies will distribute 480.24 billion MNT dividends to their shareholders this year.

According to Clause 46.5 of the Company Law, Board of Directors of joint stock company has to decide

Erdene Resource Development has initiated full construction at the Bayan Khundii Gold Project, a high-grade, open-pit gold mine in south-western Mongolia.
This follows a strategic alliance agreement (SAA) with MMC to develop the Khundii Minerals District, signed on 10 January 2023.

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