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Fitch Revises Outlook on Mongolia to ‘B’

Fitch Ratings has revised the outlook on Mongolia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B’ from B- and affirmed stable. Fitch forecasts that Mongolia’s Real GDP will rise by 5.2 percent by the end of 2018 and by 6.3

Mongolian President summons irregular Parliamentary session

President of Mongolia Kh.Battulga sent an official letter to Chairman of the State Great Khural M.Enkhbold about calling an irregular Parliamentary session.

The letter said, “26 Members of the State Great Khural sent an official letter about “summoning the Parliament for

Parliamentary working group to report on OT agreement review

In April, a Mongolian parliamentary working group was formed to review the implementation of the 2009 Oyu Tolgoi Investment Agreement between the Government and the UK-based Rio Tinto Group. Now, the working group is ready to deliver its findings to

More unemployed Mongolians finding jobs

At the end of June 2018, the Mongolian Labour and Social Welfare Services Agencies had registered 37.5 thousand job seekers, of whom 25.8 thousand or 68.8% were unemployed and the remaining 11.7 thousand or 31.2% were employed but looking for

Flood water wrecks valuable equipment at National Cancer Centre

Heavy downpours have been hitting Mongolia since the beginning of July, triggering massive flooding in some areas. Unfortunately, a linear accelerator radiotherapy machine – LINAC for short – which is used for treating cancer patients, was ruined when flood water

Annual Sand Festival to be held in Gobi-Altai province

The Annual Sand Festival takes place in the third week of July at the Lake Ereen tourist camp in the Gobi-Altai province, Mongolia.

Surrounded by golden sand dunes, Lake Ereen is a beautiful spot located in the Jargalan soum of Gobi-Altai

Coffee shop run by visually impaired people

A coffee shop run by visually impaired people opened Friday in the building of Mongolia’s Ministry of Labor and Social Protection here. ‘Cafe more’ is the first such coffee shop in Mongolia.

The shop, sponsored by South Korea’s humanitarian organization Siloam

Mongolian PM orders improved disaster prevention action

U.Khurelsukh, Prime Minister of Mongolia, has instructed the National Emergency Management Agency (NEMA) and the Police Department to do everything possible to help flood-affected people in the western province of Bayan-Ulgii, and to enhance disaster prevention capabilities.

The Prime Minister gave

UK Foreign Office Minister visits Mongolia

UK Foreign Office Minister of State for Asia and the Pacific, Mark Field is on his first official visit to Mongolia.

Mark Field will meet the Foreign Minister, Environment Minister, Finance Minister and Mining Minister to hold discussions on a range

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