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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.

Macroeconomic indicators as of March 2015

Within the first 10 days of each month the National Statistical Office of Mongolia presents macroeconomic indicators for the previous month. Today, the National Statistical Office has presented indicators for March.   

In March 2015 the consumption price index increased by

Grant aid to be provided to the cashmere sector

Representatives of the Japanese company Shima Seiki Mfg., Ltd., together with the Mongolian Wool and Cashmere Association, have organized a trip to Japan to introduce the management of association member companies with the activities of their textiles company.

For the last two years,

Inflation rate rises by 0.8 percent

As reported by the National Statistics Office, the inflation rate has stabilized over the last few months, but last month it increased by 0.8 percent.

Rising prices for meat are likely to have influenced the change. National Statistics Office data shows

Draft law on IMF loan agreement presented

Member of Parliament and Minister of Economy J.Erdenebat presented a draft law regarding amendments to be made to the general agreement with the International Monetary Fund (IMF) to Speaker of Parliament Z.Enkhbold today.

The new draft law seeks to improve the

G.Usukhbayar to climb the highest mountain in Australia

The first Mongolian alpinist, G.Usukhbayar, will climb the highest mountain in Australia. He will go to Australia on April 16. 

G.Usukhbayar is more than half-way to completing his goal of climbing the highest mountains on several continents, and in order to

A Smart Transportation System to be established in Mongolia

The Institute of Road and Transportation, a Mongolian NGO has initiated a forum called “The Introduction of Smart and Environmentally Friendly Transportation Systems to Mongolia”. This forum has organized in co-operation with ITS Korea and Ulaanbaatar Smart Card Co., Ltd

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