Russia and Mongolia will establish a join fund for investment cooperation. According to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev, the fund will help Russian companies to better cooperate with Mongolian partners. A signing ceremony was

An International Monetary Fund (IMF) team led by Mr. Geoff Gottlieb visited Mongolia from 19 to 28 June, 2019, to conduct discussions for the 2019 Article IV consultations. The IMF’s Executive Board for Discussion and Decision has concluded the reports

The Mongolian Cabinet has decided to take a total of 28,000 hectares of land in the Erdeneburen and Myangad Soums of Khovd Province, the Bayannuur Soum of Bayan-Ulgii Province and Umnugobi Soum of Uvs Province for hydroelectric power station construction.

A 300-bed maternity hospital is expected to open in the Khan-Uul District of Ulaanbaatar, the capital city of Mongolia later this year. Building began in 2010 and is now – finally – nearing completion. Also, a 140-bed children’s hospital will

‘Gobi Wolf’ is a civil-military disaster preparedness and response initiative that focuses on regional readiness to respond to natural and man-made disasters. The annual exercise is co-organized by the National Emergency Management Agency (NEMA), the U.S. Embassy in Mongolia and

Suicide – taking one’s own life – is a tragic reaction to stressful life situations. The suicide rate has been increasing year by year among Mongolians at an alarming rate. The current figures are over 500 people per year; one

Mongolia’s Central Bank decided today (17 September) to leave the benchmark interest rate unchanged at 11 percent for the second time in the year to bolster the economy. The decision aims to cope with the inflation target framework in the

The Mongolian economy will face challenges in 2021 when repayment of foreign debts begins, J.Delgersdaikhan has said. The specialist, who is a lecturer at the the University of Finance and Economics was speaking  at a conference entitled the ‘Balance of

A 13-year-old Mongolian girl is setting a big goal to represent her home country at the Olympics in figure skating. Currently O.Iveel, lives in USA with family. She decided to become a figure skater after seeing the famous South Korean

Mongolia is planning to establish two new embassies in Abu Dhabi, the capital city of the United Arab Emirates and Minsk, the capital of Belarus as well as to open a General Consulate in Manzhouli, a city in China. The