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Fitch forecasts Mongolia’s economic growth at 1.2 percent

Fitch affirmed Mongolia’s ratings at strong relative to ‘B’ peers, and favourable medium-term growth prospects. The ratings are constrained by the country’s high reliance on external funding, narrow economic base predominately focused on commodity exports to China, and recurring bouts

USAID launches USD 12-million Energy Governance Programme in Mongolia

The U.S. government, through the United States Agency for International Development (USAID), launched the five-year, USD 12-million Mongolia Energy Governance activity that will provide access to reliable electricity and facilitate sustainable and inclusive economic growth.

Through the project, USAID will work

The HU released a new single called “This Is Mongol”

Acclaimed Mongolian rock band the HU released a new single called “This Is Mongol” ahead of their second official studio album set for release later this summer via Better Noise Music.

With “This Is Mongol,” as with all of their music,

Mongolia’s economy expected to expand at a modest 1 percent

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in Mongolia.

Mongolia has been hit hard by global shocks and problems at both its borders. Despite the government’s laudable success in

Mongolia to make early payment on JPY 30billion Samurai Bond

Mongolian Prime Minister L.Oyun-Erdene has instructed the Development Bank of Mongolia (DBM) to explore potential options, including an early payment, to settle its outstanding Samurai Bond obligations. Following this, the Bank will be able to further manage its future obligations

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