Japan will provide emergency yen loans totaling 25 billion yen to support Mongolia’s economy which is suffering from the impact of coronavirus pandemic, Foreign Minister Toshimitsu Motegi said on Friday.
Minister Motegi and his Mongolian counterpart, Nyamtseren Enkhtaivan, signed documents on
The Qatar Red Crescent Society (QRCS) has implemented a COVID-19 response project in Mongolia with a view to support vulnerable families affected by the pandemic. Co-implemented with the Mongolian Red Cross Society (MRCS), the project is part of a large-scale
Earlier today (9 October), Mongolian Prime Minister U. Khurelsukh received Mr. T.Motegi, Minister of Foreign Affairs of Japan who is on an official visit at the invitation of his Mongolian counterpart.
During the meeting, Prime Minister U. Khurelsukh noted that the
The Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Mongolia, Stanislav Chepurnoy, has taken part in a solemn ceremony of handing over to the National Emergency Management Agency (NEMA) of Mongolia the first consignment of fire-fighting and rescue
Mongolia’s gross domestic product is projected to contract by 2 to 4 percent in 2020 due to the prolonged containment measures on the COVID-19 pandemic, the country’s central bank said on Friday, possibly sending the country into its first recession
The Eurasian Economic Commission (EEC) is exploring a possibility to establish a free trade zones with Mongolia and Indonesia, Iya Malkina, Aide to the Chairman of the Board of the Eurasian Economic Commission, said at a briefing.
U.S. Secretary of State Mike Pompeo spoke with Mongolia’s President Kh.Battulga on 7 October, regarding suspending his visit to Ulaanbaatar. Secretary Pompeo and President Kh.Battulga discussed the strategic partnership between the United States and Mongolia, which is based on shared
The Mongolian Cabinet has projected no money for Small and Medium Enterprises (SME) Development Fund in the 2021 State Budget. In other words, the controversial SME Funds will be stopped.
This year, the SME Development Fund has granted soft loans worth
The Mongolian Government has zeroed social insurance taxes for workers and enterprises from the private sector between April and October and reduced them by 50 percent until the end of December, 2020 as a part of a MNT 5.1 trillion
Mongolia failed to fulfill its goal to export 40 million tonnes of coal this year due to the COVID-19 restrictions. However, the Mongolian Cabinet is planning to increase coal exports to 42 million tonnes in 2021 based on optimistic forecast
3,417.18
