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President vetoes 2021 State Budget Bill

President of Mongolia Kh.Battulga has vetoed the bill for the 2021 State Budget. The notifying letter was submitted to Speaker of Parliament and Chairman of the State Great Khural of Mongolia G.Zandanshatar, yesterday, 24 November.
The Bill for the State Budget

Mongolia’s Covid tally reaches 699

Mongolia has confirmed 27 new cases of Covid-19 after conducting 3,103 PCR tests on 24 November. According to A. Ambaselmaa the Head of the Surveillance and Research Department at the National Centre for Communicable Diseases (NCCD) ,a total of 349 peoplehave recovered

EU and Mongolia take stock on trade and investment relations

The European Union and Mongolia have been taking stock of their good trade relations, and looking at opportunities to further strengthen their bilateral trade and investment cooperation agenda.
The platform for this discussion was the third annual sub-committee on trade and

Many people stranded in UB

Many people from Mongolia’s 21 provinceshave been stranded in Ulaanbaatar after thecapital city announced lockdown immediately after locally transmitted cases of coronaviruswere reported on 10 November. According to Ya.Sodbaatar, head of National Emergency Commission, those people who are stranded in

Covid-19 spreading in five districts of UB

Today (24 November), Mongolia confirmed 32 new cases of Covid-19, bringing the total number in the country to 672. So far, 342 people have fully recovered and there have been no deaths.
These figures may seem miniscule compared to other countries.

Mongolians in Japan Protest During Chinese Foreign Minister’s Visit

Ethnic Mongolians in Japan have staged protests during a visit by Chinese foreign minister Wang Yi to the country this week against Beijing’s policy of ending Mongolian-medium education in the northern region of Inner Mongolia.

Hundreds of Mongolians currently living in

Odey accuses Rio Tinto of destroying value over Mongolian mine

Odey Asset Management has accused Rio Tinto of destroying value through lack of action over problems at Turquoise Hill, through which Rio Tinto owns a giant copper mine in Mongolia.

Turqoise Hill, listed in Canada, owns two-thirds of the Oyu Tolgoi mine with the rest

Fitch forecasts Mongolia’s economic growth at 8 percent in 2021

Fitch reports that the volume of coronavirus-related restructured loans is likely to delay further the resolution of asset-quality issues of Mongolia’s banks. As of September 2020, an estimated 22% of the system’s total loans- or MNT 3.8 trillion in loans

From UB to Wuhan: Over 11 thousand sheep delivered

The first batch of 11,267 sheep from Mongolia’s total donation of 30,000 sheep have recently arrived in Wuhan, in Central China’s Hubei province, the area hardest hit by COVID-19 earlier this year, the provincial department of commerce said on Friday.
The

Mongolia provides food packages for poor families amid pandemic

On Friday (20 November), Mongolia’s Ministry of Labour and Social Protection announced that it has started providing food packages to households at risk of malnutrition amid the COVID-19 pandemic.
In cooperation with the Mongolian Red Cross Society, the food packages consisting

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