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Mongolia allocates MNT 744.8 billion in science projects

The Ministry of Education and Science of Mongolia plans to finance 442 educational and science projects worth MNT 744.8 billion in 2024. The overall budget allocated to the education sector is MNT 4.2 trillion, 5 percent of the gross domestic

The life expectancy of Mongolians increase by 8.53

The average life expectancy of the population of Mongolia was calculated in 1992 for the first time and amounted to 62.77 years. The average life expectancy in the country has increased by 8.53 years in 30 years until 2022.

The life

Mongolia imports maximum volume of petroleum products

Mongolia imported the maximum volume of oil and petroleum products from abroad in December 2023, the Mineral Resources Authority of Mongolia reported.

“150,000 tons of gasoline were imported from abroad. Fuel consumption is rising sharply due to increased mining exports and

Winter Tourism Festivals

Mongolia is making great efforts to develop winter tourism. Here is a brief overview of some of the key winter tourism events to take place in Mongolia until the end of March 2024.  
“Winterland Ice Festival – 2024” 
 The “Winterland Ice Festival”

Mongolia reconnects with global payment system

The Trade Development Bank became the first bank to reconnect Mongolia to the global payment system in US dollars.

Mongolia improved its rating by fully complying with 40 FATF recommendations last July. International payments were restored as a result. Previously, a

Mongolia and Russia discuss petroleum product, electricity supplies

Russian Deputy Prime Minister Alexander Novak discussed sending an uninterrupted supply of petroleum products to Mongolia through the end of this year with Mongolia’s Energy Minister, B.Choijilsuren, which would include continuation through Q1 2024, and the possibility of concluding an

NEMA saves lives of 8,260 citizens in 2023

On 26 December, the National Emergency Management Agency (NEMA) of Mongolia held a yearly reporting meeting that outlines the operations of the NEMA and emergency service units.

“We have worked to achieve three goals in 2023: improving the legal environment in

Gobi company to provide Barcelona club with Mongolian cashmere

Company Gobi, one of the largest cashmere brands in Mongolia, will officially cooperate with the Barcelona club.

Representatives of Mongolia met with President of the Barcelona club Joan Laporta and other officials this month. The sides agreed to cooperate, with Gobi

Mongolians are circus stars all over the world, except at home

It’s cold as a walk-in refrigerator at the Mongolian Circus School, housed in a once-proud edifice now on the verge of collapse with cracked walls, moldy ceilings and the stale smell of decades of cigarette smoke embedded into the venue’s

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