Economy
Exports of mineral products drop by 22.5 percent
Revenue from exports of mineral products reached USD 639.7 million in the first two months of this year, showing a decrease of 22.5 percent from the same period of 2019. 
2055天
Country has petroleum reserve for 40 days consumption
The first confirmed case of COVID-19 infection has been recorded in Mongolia today.
2056天
Reserve-meat to be sold through 279 sales points from today
Minister of Food, Agriculture and Light Industry Ch.Ulaan reports that reserve meat for consumption of Ulaanbaatar citizens will start to be sold from today through 279 sales points.
2057天
Khan Bank becomes the first bank in Mongolia to use the SWIFT gpi for international payments
SWIFT’s global payment innovation (SWIFT gpi), was first launched at the beginning of 2017 to become the new standard in global payments and has been adopted by around 4,000 financial institutions around the world, including 60 top global banking groups. 
2060天
Meeting held to discuss economic difficulties caused by COVID-19 spread
The State Emergency Commission has made a decision to declare heightened state of readiness for prevention of COVID-19 infection. 
2061天
New U.S.-Mongolia partnership to expand access of local businesses to financial services
Ulaanbaatar /MONTSAME/. The U.S. government, through the United States Agency for International Development (USAID), today formally launched a five-year, MNT 41.3 billion ($15 million) Business Excellence for Sustainability and Transparency (BEST) project to help grow and diversify Mongolia’s economy by increasing lending to small and medium enterprises (SMEs) and improving economic governance and accountability. 
2061天
Coal export through Zamyn-Uud checkpoint resumed
 Beginning March 4, heavy trucks loading coal started crossing the border through Zamyn-Uud border checkpoint after being fully decontaminated.
2061天
World Bank Group announces up to USD12 billion support for COVID-19 country response
As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action to respond to and, where possible, lessen the tragic impacts posed by the COVID-19 (coronavirus). 
2062天
State Bank signs MoU to cooperate with Development Solutions NGO
Through ‘Development Solutions’ NGO, the United States Agency for International Development (USAID) is implementing many projects towards the improvement of SME’s access to credit.  
2062天
Mongolia imported 541.5 thousand tons of gasoline in 2019
Mongolia imported 541.5 tons of gasoline in 2019, according to the statistics of Mongolian Customs General Authority.
2062天
Mongolian and Belarusian entrepreneurs to cooperate
President of Mongolian National Chamber of Commerce and Industry (MNCCI) O.Amartuvshin met with Deputy Chairman of Belarusian Chamber of Commerce and Industry (BelCCI) Sergei Nabeshko in Minsk, Belarus.
2064天
Gold purchase increases 10-fold
 As of first two months of 2020, the Bank of Mongolia purchased total of 4.3 tons of gold, of which 952 kg of gold was purchased in February. The figure represents the increase of 856 kg compared with February, 2019 which was 96 kg.
2064天
MNT 44 billion disbursed for mortgage
In February 2020, mortgage loans worth MNT 44 billion were disbursed to 634 borrowers.
2064天
Old note of MNT 20 thousand started to be drawn back
By the order of the central bank governor, banknotes of MNT 20 thousand issued in 2006, started to be drawn back from circulation from March 1.
2064天
ADB to help modernize vegetable production, irrigation in Mongolia
Ulaanbaatar /MONTSAME/. The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.   
2064天
Shares of 'Ulsyn Ikh Delguur' and 'LendMN NBFI' increase in price
On February 28, 2020, 240,147 shares of 22 firms worth MNT 39,396,598 were traded. 5 companies’ shares increased in price and 17 companies' shares declined.
2067天
Coal and petroleum export to resume from March 15
At its regular meeting held today, the Cabinet adopted a resolution on supporting the economy of Mongolia in period of heightened state of readiness for prevention of coronavirus infection.
2067天
Export reached USD 459 million in January
Mongolia has engaged in trade with 103 countries and exported goods to 42 countries. The export decreased by 24.4 percent compared with January 2020.
2067天
30.9 million head of livestock expected to deliver offspring
 There are over 70 million heads of livestock in the country as of today, of which 30.9 million are expected to deliver young animals, reported the Ministry of Food, Agriculture and Light Industry.  
2067天
Coal and petroleum export postponed until March 15
At its meeting on February 26, the State Emergency Commission resolved to put off coal and petroleum export until March 15, which was planned to commence from March 2.
2068天
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