Economic Archives - Page 40 of 95 - News.MN

Mongolia to finance greenhouse farming from State Budget

Mongolia will allocate MNT 300 million in investment from the state budget to support greenhouse farming in the spring season.

The budget investment will finance building 83 complex greenhouse structures and provide 110 kg of four types of greenhouse crops to

L.Bolormaa: A role model for gender equality in business

We spoke with L. Bolormaa, A Board Member of Golomt Bank, Chairperson of Women Entrepreneurs Council at Mongolian National Chamber of Commerce and Industry about policies to support women in business and women leadership.

Can you please tell us about

ADB approves USD 100 million loan to Mongolian health sector

The Asian Development Bank (ADB) has approved a USD 100-million loan to strengthen Mongolia’s health sector and its response to the COVID-19 pandemic, the bank’s office in Mongolia said on Wednesday.

“Mongolia remains vulnerable to COVID-19 and other emerging diseases. A

WTO: Impact of COVID-19 severely hitting Mongolian economy hard

Mongolia’s trade policies and practices have been reviewed by the World Trade Organisation (WTO) between March 17 and 19.
The chairman of the meeting, Ambassador Herald Aspelund, noted in his concluding remarks, ” The impact of COVID-19 has severely affected the

Mongolia to receive additional financing from ADB for child allowances

The Asian Development Bank (ADB) has approved a USD 73 million loan to improve social welfare support for the poor and vulnerable, especially women and children, to mitigate the socioeconomic impacts of the coronavirus pandemic in Mongolia.
The project will specifically

Moody’s upgrades Mongolia’s issuer ratings from negative to stable

Moody’s Investors Service has changed the outlook on the Mongolian government’s issuer ratings from negative to stable, and affirmed the long-term B3 issuer, local media reported on Wednesday.

The decision to change the rating outlook to stable reflects Moody’s view that