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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

IMF Executive Board Approves Financial Arrangement for Mongolia

The Executive Board of the International Monetary Fund (IMF) today approved a three-year extended arrangement under Extended Fund Facility (EFF) for Mongolia in a total amount of the Special Drawing Right (SDR) 314.5054 million (about US$434.3 million, or 435 percent of quota) to support the country’s economic reform program.

Hakuho leads sumo’s Mongolian invasion

In Japan, Mongolian-born yokozuna (grand champion) Hakuho is leading the Natsu Basho with 11 win. The sumo competition will finish after four more matches.

Kuwait donates USD eight million to Mongolia

The Kuwait Fund for Arab Economic Development (KFAED) signed an agreement with Mongolia on Tuesday (23rd May) to donate eight million US dollars to finanace a national center for burns and orthopedic support.

Mongolia to host 2020 Asian Judo Championships

Mongolia has received the right to host the 2020 Asian Judo Championships. The decision was taken during a meeting of the Executive Committee of the Judo Union of Asia (JUA) which was held on 23rd May in Hong Kong.

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