New York, 22 September 2019 – Golomt bank today became one of the Founding Signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change.

By signing

The 17th “Discover Mongolia”, one of biggest mining forums in the world will be held in Ulaanbaatar on 27 September. At least 500 officials and investors from around 10 countries, including China, Russia, Canada and Australia, are expected to attend

Russia and Mongolia will establish a join fund for investment cooperation. According to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev, the fund will help Russian companies to better cooperate with Mongolian partners. A signing ceremony was

An International Monetary Fund (IMF) team led by Mr. Geoff Gottlieb visited Mongolia from 19 to 28 June, 2019, to conduct discussions for the 2019 Article IV consultations. The IMF’s Executive Board for Discussion and Decision has concluded the reports

The Mongolian Cabinet has decided to take a total of 28,000 hectares of land in the Erdeneburen and Myangad Soums of Khovd Province, the Bayannuur Soum of Bayan-Ulgii Province and Umnugobi Soum of Uvs Province for hydroelectric power station construction.

Mongolia’s Central Bank decided today (17 September) to leave the benchmark interest rate unchanged at 11 percent for the second time in the year to bolster the economy. The decision aims to cope with the inflation target framework in the

The Mongolian economy will face challenges in 2021 when repayment of foreign debts begins, J.Delgersdaikhan has said. The specialist, who is a lecturer at the the University of Finance and Economics was speaking  at a conference entitled the ‘Balance of

The number of tourists coming to Mongolia grew by 14.8 percent year-on-year in the first half of 2019. A total of 217,000 foreign tourists visited the country in the period from January to June, with China being the leading source