AKIPRESS.COM-The Mongolian government approved establishment of a concession agreement with Mongolia-Japan joint company under ‘invest-operate-transfer’ condition for Ulaanbaatar International New Airport Management Project, Montsame reports.
The project will be carried out by Airport at Khushgyn Valley state-owned profit oriented enterprise from
A new World Bank report on Mongolia revenue, public sector spending and financial institutions has been released. In a press release, the WB stressed the importance of growth without excessive borrowing and the need to strengthen the country’s fiscal foundations.
The United States of America, acting through the Millennium Challenge Corporation (“MCC”) and the Government of Mongolia (the “Government”) have entered into a Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in
Mongolian custom officials at the Zamyn-Ude border crossing decided to re-export 60 tonnes of rice to China. According to the officials, the rice was covered with mould upon inspection. The incident occurred on 4 June.
The country currently imports approximately 70,000
Mongolia exported 54900 tonnes of meat and meat products in 2018 – a 20 year high. But because of bungled management, the population of Ulaanbaatar, where half of Mongolians live, is experiencing meat shortages. Prices have simply skyrocketed beyond what
Mr B.Gankhuyag, Chief Executive Officer of state owned Erdenes Tavantolgoi, a joint stock company where every citizen of Mongolia is a shareholder and owns and operates the largest undeveloped coking coal mine in the world. Erdenes Tavantolgoi JSC alone controls
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