IMF team visited Ulaanbaatar to conduct the 2022 Article IV discussions from September 15 to September 28, 2022. The IMF reported that stronger policy adjustment is urgently needed to address Mongolia’s rising internal and external imbalances.

This entails ensuring much greater

Lately the banking sector has become the focus of attention for Mongolia’s capital markets and IPO-hungry investors.

Earlier this month, State Bank, one of Mongolia’s five systemically important banks, listed 5 percent of its shares, raising MNT 25.4 billion (USD 7.9

This week marks the 30th anniversary of the declaration of the International Day for the Eradication of Poverty – a day devoted to reaffirming our commitment and shared responsibility to end poverty.
Mongolia, like many other countries, has made great strides

The IMF predicted growth for Asia and the Pacific at 4 percent  this year and 4.3 percent in 2023, with both below the 5.5 percent average over the last two decades.

Still, they are higher than the fund’s forecasts for Europe

Despite the fact that Mongolian Mining Corporation stock rose 10 percent last week, insiders who sold USD 791 thousand worth of stock in the previous 12 months are likely to be better off. Selling at an average price of USD

IMA (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, is proud to announce FinSight Academy as an IMA Silver Approved Review Course Provider (ARCP) in Mongolia.

FinSight Academy was

Mongolian coal companies are frustrated over the inability to move more coal into the soaring market. Therefore, a completion of Erdenes-Tavantolgoi (ETT) Tavantolgoi-Gashuunsukhait Railway was hailed. The project got together more than 600 enterprises and 5,000 workers.

The railway benefits from an

Mongolia is facing an increasingly serious foreign currency crunch, with foreign exchange reserves down 40 percent in August from a year earlier to USD 2.7 billion and the current account deficit ballooning. In addition, the tugrik has taken a beating due