Today’s plenary session of parliament approved amendments to the Budget law for 2012 and Law on Social insurance fund. An amendments will be effective since February 1, 2012. It means salary of state workers and pension for elderly people will

The Mongolian Economic forum organized on March 5-6 ended yesterday. In closing speech President Ts.Elbegdorj noticed that economic forum getting more widely every year. “We are talking to each other what have to do, it is good sign. But we

President of Mongolia Ys.Elbegdorj congratulated by phone Vladimir Putin his victory in Presidential election which took place on March 4, 2012. “Russia is our forever neighbor, country with long history. Sincerely congratulate you Dear Putin elected again as President of

The Development Bank of Mongolia LLC, a state-backed lender, will begin meeting with investors this week to offer dollar-denominated bonds in the country’s first public offering of government-guaranteed foreign debt. The sale, part of the $600 million Euro Medium Term

Before the global financial crisis (GFC), Mongolia’s central bank, Mongol Bank, heavily managed the togrog-US dollar exchange rate. We have ascribed aspects of the economy’s performance, in particular the very rapid growth in the money and credit aggregates, to MB’s

Standard & Poor”s Ratings Services today assigned its “BB-” foreign currency issue rating to the proposed issue of U.S. dollar notes by Development Bank of Mongolia (DBM). The bank”s inaugural issue is a senior unsecured drawdown from its US$600 million

Singapore and Mongolia have strengthened their relationship, with an agreement to work on Infocomm Technology (ICT) activities and projects to help transform Mongolia into a knowledge-based society.They”ll collaborate in public service infocomm and eGovernment over the next three years. These

Mongolia celebrates today 99th anniversary of Mongolian press. First Mongolian newspaper titled “Shine toli” (New Mirrow) printed on March 6, 1913. Mongolian Journalists Federation today has presented credentials to some news organizations. There are:

“Mongolyn Unen” (Mongolian Truth) first Mongolian national

Economist N.Dashzeveg expressed his feeling on Mongolian Economic Forum  which held on March 5-6. “Delegates didn’t talk on main issue, just some politicians spent a time. Even on journalist’s question “What is exact strategy for Mongolian development” Prime Minister couldn’t

Standing committee on Justice discussed today Presidential veto on Law on Regulation private and public interest and devided to accept. Law on regulation private and public interest adopted by the Parliament on January 19, 2012. The law will be effective