The United States, through the United States Agency for International Development (USAID), has committed an additional $250,000 (700 million MNT) to support the Government of Mongolia’s efforts to fight the COVID-19 pandemic. Through its implementing partner, the United Nations Children’s

The World Bank has approved a USD 100-million loan to support a sustainable urban transport project in the Mongolian capital of Ulaanbaatar, the bank’s office in Mongolia said Thursday.

The project is aimed at developing a comprehensive framework for sustainable urban

Today (28 June), Mongolia confirmed 1811 new cases of Covid-19; this brings the total number, since the beginning of the pandemic, to 111505. According to the Health Ministry, 983 of the new confirmed cases are from Ulaanbaatar; 823 of them

Mongolians will observe their centuries-old Naadam Festival by television following the government’s creative decision of moving the ancient festival online. Therefore, the core competitions such as horse racing, archery and wrestling will be held without a live audience. The opening

Today (25 June), U.Khurelsukh was officially sworn in as the Sixth President of Mongolia, taking his oath at a special parliamentary session. The ceremonial session of the State Great Khural was attended by 68 MPs and delegates from foreign diplomatic

Today (25 June), Mongolia’s total tally of Covid-19 cases reached 104900; this came after 2271 new cases of coronavirus were reported in just 24 hours. The Covid-19 situation is worsening in the provinces as well as in the capital Ulaanbaatar.

MongolBank or the Central Bank of Mongolia announced on Wednesday that its monetary policy council has decided to keep the benchmark interest rate unchanged at 6 percent.

In addition, inflation is expected to be around the target rate of 6 percent

Mongolians are set to “enjoy” the hottest day of the year so far on Sunday (27 June) with temperatures hitting highs of 39C; it is expected to feel even hotter in some places! The Gobi will be truly roasting as

Mongolia is struggling to bring the coronavirus pandemic under control, with almost 500 COVID-19 deaths so far. In a country of just 3.3 million, this is very worrying.

Golomt Bank of Mongolia secured a USD 10 million loan with a tenor of five years from International Investment Bank (IIB) on 10 June 2021. Golomt Bank plans to utilize the loan proceeds to finance the SMEs, the projects with