The Bank of Mongolia has released their latest gold and silver Proof coins which are part of their ongoing numismatic series entitled “Revolutionaries” featuring political figures who impacted, for better or worse, the world around them and further afield. The
Mongolian custom officials reported today (1 April) the export and import statistics for the first quarter of 2020. Export revenue reached USD 1 billion 139.6 million in the first quarter of 2020; however – which represents a 34.4 percent decrease
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
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
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
Earlier today (30 March), Mongolia resumed coal deliveries to China through the Shiveekhuren border crossing in the South Gobi province. The Gashuunsukhait border crossing which was closed for two months due to Covid-19, was re-opened on March 23 to restore
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
The pace of poverty reduction has slowed down despite robust macroeconomic growth, indicating that Mongolia is struggling to translate the benefits of macroeconomic growth into improvements in household welfare, especially for the poor. This was jointly concluded by the National