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Mongolia’s budget balance improved by MNT 1.4 trillion

Mongolia’s export reached USD 12.5 billion, said Finance Minister B.Javkhlan at the government meeting. The Ministry of Finance presented the execution of the budget for 2022.

The state budget deficit has decreased, and the budget balance has improved by MNT 1.4

Mongolia to import 224 buses from China

Mongolia imported 100 buses from China as neighbour country opened its border on 8 January. Mongolia is planning to import  total of 224 buses for improving its public transport system.

The buses have been imported  via the Erenhot Port in north

Mongolia wants to dial up export prices

Mongolia’s reported move to modify how its coal exports to China are priced may mean higher costs for Chinese users, and Chinese industry experts said that efforts by Mongolia to change the ecosystem of cross-border coal trade may affect the

Zamyn-Uud-Erlian car checkpoint sees influx of passengers

The largest border checkpoint on the Mongolian-Chinese border, Zamyn-Uud, opened after a three-year reconstruction and began to let passengers pass after China lifted restrictions.

Passenger traffic through the Zamyn-Uud-Erlian car checkpoint on the Mongolian-Chinese border resumed on 8 January. The passage

Mongolia’s first digital museum opens in Erdenet

Mongolia’s first digital museum is working in Erdenet. The museum project was launched in 2020 to preserve the historical development of the Erdenet industry as a valuable heritage.

The museum has six halls, including “Mining of Mongolia”, “Electronic Information”, “Historical Trajectory”,

The annual inflation rate for Mongolia rise by 13.2 percent

The annual inflation rate for Mongolia rose by 13.2 percent year on year in December, data by the country’s National Statistics Office (NSO). The index decreased by 1.3 percent from a month earlier.

The increase was mainly due to the higher

61 countries now visa-free to Mongolia

Mongolia  exempted citizens of 34 countries from visa requirements for up to 30 days until the end of 2025. These countries include 32 European countries such as Austria, Belgium, Hungary, France and Denmark, as well as Australia and New Zealand.

As

The Erenhot: China-Mongolia trade hub to open after 1018 days

The Erenhot China-Mongolia border trading zone in north China’s Inner Mongolia Autonomous Region is about to open after closing for 1018 days. The border crossing will open at 08:00 a.m. on 8 January, 2023.

With a total investment of 350 million

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