Ulaanbaatar, May 29, 2019 – Mongolia’s Central Economic Corridor (CEC), the key transportation network connecting China and Russia through Ulaanbaatar, offers promising opportunities to bring Mongolian agricultural products to world markets and to diversify the country’s exports away from mining

The Bank of Mongolia won the “Best Collaborator 2019” award by the CYFI (Child and Youth Finance International).

The 8th annual Global Inclusion Awards Ceremony was held on 19 June 2019 as part of the 5th Child & Youth Finance International

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

In the first five months of 2019, Mongolia’s foreign trade rose 10.2 percent year-on-year, amounting to USD 5.58 billion.

Exports grew 13 percent year-on-year to USD 3.26 billion, while imports rose 6.3 percent to USD 2.32 billion, the National Statistical Office

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