Mongolia is famous for meat products such as beef steak and liver pudding. Every year, however, national meat processing companies have to spend USD 6 million importing cans from abroad. These expensive imports are soon about to end – Mongolia

In 2015, The Social Insurance Foundation (SIF) provided pensions totalling MNT 153 billion to 199,000 people. The SIF also provided 27,000 children aged below 18 with the MNT 20,000 child allowance; this represented a total amount of MNT 225 billion.

The State Registration and Statistic Authority has informed that, at the end of December 2015, the money supply has been reduced by MNT 585.6 billion and came to MNT 10.1 trillion. The amount of tugrik and currency savings has increased

Mongolia’s first female mountaineer, B.Gangaamaa, who has climbed Mt. Everest, has reported that she has  successfully reached the summit of South America’s highest peak, the 6962m, Aconcagua. Her team partner, a mountaineer from Hong-Kong reached 5500 meters. B.Gangaamaa left Mongolia

On 15th January, the State Registration and Statistical Authority provided economic data for 2015.

Despite the fact that a lot of negative information about economic crisis spread last year, there was one bright aspect:  Inflation was fixed at 1.9% as of

Today, UB City Mayor E.Bat-Uul received a guest from “Stanford University”, Professor James S.Fishkin .

At the initiative of Mayor Bat-Uul and using the advice of James S.Fishkin, the “Civil Participation- City Tomorrow” referendum has been organized.

Mr Bat-Uul told Prof. Fishkin

This time last year, Mongolia was waiting its 3,000,0000th citizen. On 24th January 2015, a little girl by the name of Kh.Mongoljin was born in Dalanzadgad Soum in Uvurkhangai Province bringing the population to a round three million people. Little

Yesterday, Parlaiment discussed the project “Law to Clarify State Ownership of the Gatsuurt Deposit”; this was acceped by the majority of votes. The Economic Standing Committee has been tasked with conducting the final discussion and presenting their conclusions to Parliament.

If

The President has proposed that Parliament discusses the draft legislation “On Penalizing Elected and Appointed Senior State Officials”. This draft law, which was initiated by Mr Elbegdorj and was presented on 14th January, is currently, in 3rd place of the

Today a forum entitled the “Development of the Financial Market” is taking place in Government House.

Parlaimentary Speaker Z.Enkhbold has presented a speech in which he said: “Currently, 4.7% of GDP is generated by the financial sector. Of this figure, 4%