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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.

Bank of Mongolia raises its policy rate

Bank of Mongolia announced that it raised its policy rate by 1.0 percentage point to 13 percent on Wednesday.

The monetary policy committee of Bank of Mongolia held a meeting on Wednesday and reached the decision above with majority votes in

Public transportation workers to demonstrate

The Mongolian Transport, Communications and Petroleum Workers Union will hold a press conference today to announce that the Ulaanbaatar Public Transport Service is calling for a demonstration in order to have their salary and social welfare issues resolved.

The removal of

Housing loans with 8% interest to undergo changes

Procedures for issuing housing loans with an 8 percent interest rate, a program implemented by the Mongolian government, are being changed.

We learned more about it from an official source at the Mortgage Corporation of Mongolia. The source stated, “The Mongolian

Agreements on the Mongolia-China transport approved

Agreements to ship out and hold transit transportation via Chinese territory have been concluded between the Mongolian and Chinese governments and approved by the Cabinet. 

Due to the rapid increase of mining production in Mongolia and new economic conditions, with the

Half of meal costs in kindergartens to be paid by parents

The Standing Committee on Social Policy, Education, Culture and Science has reviewed issue of the cost of meals in kindergarten being shared by parents, and the position gained support from the majority of committee members during its regular meeting on

Doctors and teachers to demonstrate again

Doctors and teachers announced that they will be holding the next round of demonstrations on Friday, since the government has shown no positive response to their concerns about wages and proposed budget cuts.

The Government of Mongolia announced that it would

Working group to make amendments to the Constitution created

Speaker of Parliament Z.Enkhbold gave an order to create a working group to make amendments to the Constitution, on January 13th. The working group will consist of 9 members, including MPs who were involved in the adoption of Mongolia's democratic

Massive Tavan Tolgoi development negotiations in progress

Negotiations between investors and the Government of Mongolia over the massive Tavan Tolgoi coking coal project are now in progress. The main meetings between investors and the Government of Mongolia are over, but negotiations in sub-meetings are underway. The sub-meetings

National Renewable Energy Forum to take place

The 6th National Renewable Energy Forum will take place on January 23, at the Corporate Convention Center. The event is being hosted by the Mongolian Wind Energy Association with support from the Ministry of Energy and the National Renewable Energy

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