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IMF: Mongolia needs to address rising internal and external imbalances

IMF team visited Ulaanbaatar to conduct the 2022 Article IV discussions from September 15 to September 28, 2022. The IMF reported that stronger policy adjustment is urgently needed to address Mongolia’s rising internal and external imbalances.

This entails ensuring much greater

A woman who lived out of her truck on Mongolia’s coal highway

The Gobi Desert is home to Mongolia’s largest coal basins, which are critical to the country’s industrialisation. Impossibly long and desolate stretches of road connect coal mines in the Gobi to China, and thousands of truckers travel along Mongolia’s coal highway ferrying precious carbon loads. One of these

Mongolian banks begin listing IPOs successfully

Lately the banking sector has become the focus of attention for Mongolia’s capital markets and IPO-hungry investors.

Earlier this month, State Bank, one of Mongolia’s five systemically important banks, listed 5 percent of its shares, raising MNT 25.4 billion (USD 7.9

Mongolian becomes a three-time spelling champion of US Middle School

A Fairfax County spelling champion is inspiring and helping Mongolian students from around the country sharpen their spelling skills.

Thirteen-year-old Erdem Dulgunn is a three-time spelling champion and has been working on his spelling since he first found out about the

Mongolia to work to start direct flights from Türkiye to Kharkhorin

Mongolia’s environment and tourism minister said his country shares a common historical background with Türkiye, adding: “We invite the Turks to their ancestral lands.”

B.Bat-Erdene spoke to Anadolu Agency (AA) about relations between the two countries in the Turkish capital Ankara,

Mongolia’s labor market mostly recovered

This week marks the 30th anniversary of the declaration of the International Day for the Eradication of Poverty – a day devoted to reaffirming our commitment and shared responsibility to end poverty.
Mongolia, like many other countries, has made great strides

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