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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

Mongolian presidential chief of staff held meeting with Yoon Suk-yeol

On 11 May, South Korean new President Yoon Suk-yeol received Mongolian presidential chief of staff Ya.Sodbaatar at the presidential office in Seoul. The Mongolian official attended Yoon’s inaugural ceremony the previous day.

The Mongolian delegation led by presidential chief of staff

The Mongolian company launches the Mozo crossover

Mongolian company Bars Motors is launching the Mozo crossover. Annually plan to produce approximately 2500 cars. This is reported by the official website of the automaker.

The first Mongolian car was helped to create partners from China. Bars Motors has long

Every household to plant at least nine trees in South Gobi

The southern Mongolian province of Umnugovi aims to plant at least 70 million trees by 2030 to combat desertification.

The province set goals to plant at least 70 million trees by 2030 within the framework of the ‘Billion Trees’ national tree-planting

Mongolia’s coal export down 48 percent year on year

Mongolia exported a total of 3.8 million tons of coal in the first four months of this year, down 48 percent year on year, Mongolian Customs General Administration said.

The significant decrease is related to border restrictions due to the COVID-19

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