Mongolia’s gross domestic product (GDP) decreased by 7.3 percent year-on-year in the first three quarters of this year, local media reported on Thursday, citing the country’s National Statistics Office (NSO).
The country’s GDP dropped to 26.4 trillion Mongolian tugriks (over 9.2
On Wednesday (18 November), the Mongolian government increased the monthly allowance for children under 18 until the first half of next year due to the COVID-19 pandemic.
The measure, originally scheduled to be implemented from April to the end of this
The Central Asia portal reports that as of 1 November, Mongolia harvested 393,9 thousand tons of cereals, 239,3 thousand tons of potatoes and 111,9 thousand tons of vegetables, 968,9 thousand tons of hay and 3,2 thousand tons silage crops.
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Last Thursday, the Ulaanbaatar government imposed a national lockdown after a locally transmitted COVID-19 case was identified, and as of Monday morning, three new cases had been recorded after 1,818 tests were carried out nationwide, according to the head of
Plans are in hand in Mongolia for a series of road development works within the next four years. The programme calls for the construction of 2,022km of surfaced roads. In addition, new concrete bridges will be built under these plans.
At
The Mongolian Government has extended the state of public emergency readiness for 14 days until 1 December. These measures came into effect at 06.00 a.m.
During the emergency period, a curfew will be in force inthe Mongolian capital city of
The Green Climate Fund (GCF) today approved a new USD 23.1million grant towards strengthening the climate resilience of herder communities in Mongolia. Approximately 26,000 households (130,000 people), living across four of the country’s most remote and vulnerable Western and Eastern
As the coronavirus pandemic sparks calls for more state intervention, emerging economies face tough choices to determine whether an increased role for government will have positive or negative long-term consequences.
The latest Transition Report from the European Bank for Reconstruction and