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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.

ADB: Mongolian economy growth to reach 2.5%

During an Asian Development Bank’s (ADB) conference on the economic outlook of Asia’s developing countries, it was predicted that Mongolia’s GDP growth will recover and reach 2.5 percent in 2017. Investment in the mining sector will continue for the next few years.

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