Ooluun.B
ooluun@montsame.gov.mn
2025-11-23 19:14:42
Public service to be improved with introduction of smart transportation system
The Asian Development Bank is implementing programs and projects to improve public service by introducing smart transportation system. Today, Minister of Road and Transport Development D.Ganbat met with ADB delegates, who introduced “Smart transportation system” and “Improving traffic safety” projects and future plans.
3140 days
Over 50 schools to be involved in Eco-Schools program
Some 55 schools of 11 aimags and Ulaanbaatar city are to be newly enrolled in 'Eco-Schools' international program network and primary trainings for them are being held.   Eco-Schools Program is an international program aimed at developing nature friendly practices through granting education of green and sustainable development, based on ISO 14001 standards, environmental management system to children, youth and local communities and through increasing their participation.
3140 days
Natural shilajit export banned for 5 years
Export of natural baragshun or shilajit is banned for five years in raw or half processed way, by the order of the Minister of Environment and Tourism. Export ban was realized in 2014, however the ban was lifted in April 2016 and statistics shows that 2335 tons of raw baragshun was exported only in 2016.   Baragshun or shilajit is an organic compound, created through accruement as a result of natural phenomenon change and therefore it takes long time to be recovered.  However some companies are exporting baragshun in raw, causing risks to deplete the resource.
3140 days
Neil Sacker: Expenditure on social protection will not be lowered
Yesterday, April 18, President of the Confederation of Mongolian Trade Unions (CMTU) Kh.Amgalanbaatar organized a closed meeting with Resident Representative of the International Monetary Fund  in Mongolia Neil Saker to discuss about IMF's Extended Fund Facility program.
3140 days
Czech Parliament delegates visit Mongolian Parliament
Czech parliament delegates headed by Zuzka Bebarova-Rujbrova, Member of Parliament, Chairperson of the Standing Committee on Human Rights and Petitions and Head of Czech-Mongolian friendship group at the Czech Parliament are visiting Mongolia. Today, April 18, the delegates met with chairwoman of the Parliamentary Standing Committee on Petitions D.Sarangerel, Chairman of Standing Committee on Justice Sh.Radnaased and others and the parties exchanged information on the activities of the Standing Committees.
3141 days
Erdenet Mining Corporation to cooperate with Chile's Codelco
'Erdenet Mining Corporation' the largest copper and molybdenum ore mining and concentration plant of Mongolia will develop cooperation with Codelco Company, the world’s top copper producer of the Republic of Chile. On April 11, General Director of Erdenet Mining Corporation Kh.Badamsuren and President of Codelco Xompany Nelson Pizarro Contador signed a memorandum of cooperation.
3141 days
Children of Mongolians living abroad to be registered as Mongolian citizen
The Ministry of Foreign Affairs works to resolve the issue of allowing dual citizenship to Mongolian nationals living abroad. “Today, there are some 144500 Mongolian citizens living abroad and the Foreign Ministry in collaboration with relevant ministries on the exact number of the citizens, as the citizens abroad will vote in the upcoming Presidential Election in June.  Concerning the frequently asked request to resolve dual citizenship, the Ministry is working to resolve so that children born from Mongolian parents are registered as a Mongolian citizen, regardless their location of birthplace” said Director of the Consular Department of the Foreign Ministry Ya.Ariunbold.
3141 days
Non-performing loans decrease by 3.2 per cent
Non-performing loans in a banking system amount to MNT1035.5 billion as of the end of March, showing a decrease by MNT34.6 billion or 3.2 per cent compared to previous month. However, the amount is higher by 7 per cent or by MNT67.6 billion than the same period of last year. Non-performing loans made up 8.2 per cent of total outstanding loans, staying the same as in the first quarter of last year.
3141 days
Housing price index increased in short term
Tenkhleg Zuuch LLC reports on the March results of the “Housing Price Index” study conducted independently at the request of  the Bank of Mongolia. The research shows that the general index of housing price was 1,01 in March, by 1.0 per cent up than in January 2013, basic consideration period of the research. The index increased by 0.17 percent compared to the previous month. The general index increased by 0.10 per cent compared to the starting period of this year, and dropped by 3.34 per cent compared to the same month of previous year.
3142 days
DP group urges to postpone enforcement of increased tax rates
Ulaanbaatar /MONTSAME/ Today, April 17, the Democratic Party group in Parliament discussed the approved amendments to the state budget. The group urges to postpone the enforcement term of increased tax rates. Even though the group could not get majority support regarding their proposal not to raise tax rates, they request  to postpone the implementation of the three tax rates that were decided to increase. 
3142 days
B.Choijilsuren: Prerequisite to implement IMF's Extended Fund Facility program has been satisfied
Ulaanbaatar /MONTSAME/ The first financing of the International Monetary Fund's Extended Fund Facility program will be provided in the middle of June, said Finance Minister in his interview to itoim.mn news website. “- In the night of April 13, when the budget amendments were approved by the Parliament, Governor of the Bank of Mongolia N.Bayartsaikhan and me, as a Finance Minister sent an official letter to IMF, informing that prerequisite to implement the EFF program has been satisfied.    
3142 days
Mortgage Corporation’s special purpose entity to release securities
Ulaanbaatar /MONTSAME/ On April 13, the Financial Regulation Commission (FRC) granted a financial activity license to ‘MIC Active Twelve Months”, a special purpose entity established by the "Mongolian Mortgage Corporation“ company last August and registered its securities.  ‘MIC active twelve months” company is releasing mortgage loan guaranteed securities of 2.7 million with nominal value of MNT100 000 and 30-year term. The Commission assigned the two companies to insure the loan package for long term and in accessible way, meeting the interest and demand of the insured.
3142 days
Social insurance fund revenue increased
Ulaanbaatar /MONTSAME/ In the first quarter of 2017, the General Authority for Health and Social Insurance of Mongolia reported that the revenue of Social Insurance Fund amounted to MNT 484.7 billion, reflecting an increase of MNT82.2 billion or 20.4 percent and expenditure of the fund reached 450.3 billion, showing an increase of MNT47.4 billion or 11.8 percent compared to the same period of the previous year. In the first quarter of 2017, revenue of social Insurance fund has increased by MNT82.2 billion compared to the same period of the previous year. This was partially due to increased revenue of pension insurance fund by MNT 60.5 billion and health insurance fund by MNT7.6 billion.
3145 days
Seven types of tax rates to be raised following budget amendments
Ulaanbaatar /MONTSAME/ Amendments to the 2017 State Budget, which were approved by the Parliament yesterday, April 13, laid out to raise seven types of taxes, as the Government agreed with the International Monetary Fund in the scope of a three-year Extended Fund Facility. Tax rate increase of four types of taxes will come into effect starting May 01. Those include individual income tax, tax on interest of bank savings, customs tax on imported cigarettes and excise tax on passenger cars.
3145 days
Trilateral agreement signed to support employment
Ulaanbaatar /MONTSAME/ Today, April 14, a trilateral agreement was established between the Capital Governor’s office, Confederation of Trade Unions of Ulaanbaatar and the Mongolian Employers' Federation, with an aim to increase employment of citizens of the captial city and develop small and medium enterprises. The parties agreed to collaborate in protecting legal rights and interests related to employment and develop social partnership, putting 22 tasks forward.
3145 days
Seven types of tax rates to be raised following budget amendments
Ulaanbaatar /MONTSAME/ 2017 Budget amendment, which approved by the Parliament yesterday, has raised seven types of taxes, as the Government agreed with the International Monetary Fund in the scope of the three-year Extended Fund Facility. Tax rate increase of four types of taxes will come into effect starting May 01. Those include individual income tax, tax on interest of bank savings, customs tax on imported cigarettes and excise tax on passenger car.
3145 days
Money supply reaches MNT12.2 trillion
Ulaanbaatar /MONTSAME/ According to the Central Bank of Mongolia, the money supply has reached MNT12.2 trillion at the end of March 2017, showing a decrease by MNT79.5 billion or 0.6 per cent from the previous month and an increase by MNT2 065.3 billion or 20.4 per cent compared with the same period of 2016. At the end of March 2017, the national currency in circulation reached MNT 788.3 billion, down by MNT156.5 billion  or 16.6 per cent from the previous month and up by 129.7 billion  or 19.7 per cent compared to the same period of 2016.The amount of outstanding loan amounted to MNT12.7 trillion in the reference period. This is a growth by 0.8 per cent from the previous month and by 7.1 per cent from the same period of 2016.
3145 days
Social insurance fund revenue increases
Ulaanbaatar /MONTSAME/ In the first quarter of 2017, the General Authority for Health and Social Insurance of Mongolia reported that the revenue of Social Insurance Fund amounted to MNT 484.7 billion, reflecting an increase of MNT82.2 billion or 20.4 percent and expenditure of the fund reached 450.3 billion, showing an increase of MNT47.4 billion or 11.8 percent compared to the same period of the previous year. In the first quarter of 2017, revenue of social Insurance fund has increased by MNT82.2 billion compared to the same period of the previous year. This was partially due to increased revenue of pension insurance fund by MNT 60.5 billion and health insurance fund by MNT7.6 billion. The Social insurance fund expenditure increased by MNT47.4 billion compared a year ago. Main reason goes to increase in pension insurance fund expenditure by MNT31.5 billion, health insurance fund by MNT9.6 billion and unemployment insurance fund by MNT3.0 billion.
3145 days
2017 Budget amendment approved
Ulaanbaatar /MONTSAME/ Yesterday, April 14, Parliament approved amendments to the law on 2017 State Budget and Law on Social Insurance Fund, proposed by the Cabinet on March 24. The amendments sets the 2017 state revenue projection at MNT6.035.7 billion or 23.3 per cent of GDP and expenditure at MNT8.750.2 billion, 33.6 per cent of GDP, with a deficit amounting to MNT2.714.4 billion, 10.4 per cent of GDP. 
3145 days
Chamber of Commerce and Industry cancels its demonstration
Ulaanbaatar /MONTSAME/ Today, the National Chamber of Commerce and Industry of Mongolia made an statement that the Chamber has cancelled a demonstration which planned to organize today, on April 13 at the central square. The chamber had handed a petition to the parliament, appealing to not  increase tax rates, imposing pressure to companies. However , the Chamber President B.Lhagvajav stated that they had met with the Parliamentary Speaker and reached an agreement.
3146 days
Commemorative Stamp Honors Legacy of First Spiritual Leader Zanabazar 21 hours
Mongolia Celebrates National Pride Day Honoring Chinggis Khaan 2 days
President Awards Order of Chinggis Khaan to Academician Narangerel 2 days
Chuluun Sampildondov: Museum Aims at Contributing to Reshaping Global Perspectives on Chinggis Khaan 2 days
Mongolian Olympic Committee Honors Sporting Excellence 3 days
Schedule Updated for Bus Route to Chinggis Khaan International Airport 3 days
Mongolia, South Korea Advance Bilateral Agenda 3 days
Mongolia and Indonesia Hold First Business Forum 3 days
Mongolia, South Korea Intergovernmental Committee Holds Session 3 days
Foreign Minister Highlights ‘Physical: Asia’ as Boost to Mongolia’s International Image 3 days
MPP Group Backs Uchral for Speaker of Parliament 3 days
Porcelain Exhibition Opens in Honor of Factory’s 70th Anniversary 3 days
Education Infrastructure: 12 Schools, 24 Kindergartens set for 2025 Launch 3 days
MPP Conference Holds First Session, Elects New Leadership 4 days
Mongolia’s Social Development Achievements Highlighted at Doha Summit 4 days
Mongolia Seeks Closer Infrastructure, Humanitarian Cooperation with SCO Member States 4 days
UN Adopts Mongolia’s Resolution on Rural Women 4 days
China Donates Clinical Training Facility to Pediatric Rehabilitation Center 4 days
Prime Minister Zandanshatar Meets Chinese Premier Li Qiang 4 days
Prime Minister Zandanshatar Meets Russian President Vladimir Putin 4 days
Food Revolution Boosts Gazar Shim Capacity Twofold 4 days
Mongolian Team Fights for the Grand Prize in ‘Physical: Asia’ 4 days
Mongolia Seeks Closer Infrastructure, Humanitarian Cooperation with SCO Member States 4 days
Ministry of Environment, UN to Advance Public-Private Partnership 4 days
Wool, Cashmere Industry Export Potential: USD 1 Billion 5 days
First Two Bagh Schools Open at Uyench, Borshoo Borders 5 days
Global Human Security Expert Holds Lecture at National University of Mongolia 5 days
Mongolian Kettlebell Lifters Win 12 Medals at World Championship 5 days
Mongolian Landscape Photography 2025 Winners 5 days
Natsagdorj Literary Prize Winners 5 days
Mongolia to Propose Three Initiatives at COP17 5 days
Waste-to-Energy Plant to Generate 35 MW Annually 5 days
CAMC 2025 Mobilizes Regional Action on Media Viability in Tashkent 5 days
Trade and Development Bank Launches Google Pay for TDB Cards in Mongolia 5 days
Prime Minister, Rio Tinto Copper Chief Hold Talks on Oyu Tolgoi 5 days
Russian PM Mishustin: 'Petroleum Exports to Mongolia Will Increase' 5 days
Mongolia Japan Hospital Introduces Latest Laser Technology 5 days
Zandanshatar Arrives in Moscow for SCO Heads of Government Meeting 5 days
Mongolia Joins Latin America, Caribbean Nuclear Disarmament Conference 6 days
Historic Success at World Powerlifting Championships 6 days
Mongolia’s Foreign Population Exceeds 37,000 6 days
MPP Congress Elects Conference Members 6 days
Social Insurance Fund Income Increases by 15.9 Percent in First Nine Months 6 days
Alpine Skier Ariunbat Qualifies for Winter Olympics for the First Time 6 days
Mongolia Chairs UN 2026 International Year of Rangelands and Pastoralists 6 days
Buddhist Sculptor Batzorig Delivers ‘Stupa’ Lecture 6 days
Bagakhangai-Hunnu City Railway Advances to Ease Congestion in Capital 6 days
This Week in Mongolia 6 days
Uchral Nyam-Osor Elected Chairman of MPP 6 days
'The Last Nomads' Debuts in Austria, Showcasing Mongolia’s Living Heritage 8 days
Cashmere Holding Exports to 10 Countries Under 'White Gold' National Movement 9 days
President Khurelsukh and Minister Enkhbayar Visit 'Chig' Brand Factory 9 days
Agreement Reached to Raise Salaries for Doctors and Health Workers 9 days
Mongolian Players Win Two Gold and One Bronze at FIDE World Amateur Chess Championship 9 days
Ambassador of Cuba Presents Copy of Letter of Credence 9 days
Insulated Household Count Grows as 1,391 Ger-Area Families Receive Support 9 days
Auditor General of Mongolia Meets ADB Delegation to Strengthen Audit Collaboration 9 days
UN Adopts 'Role of Cooperatives in Social Development' 9 days
Immigration Agency of Mongolia Launches New Visa Application Platform 9 days
600 Hectares Rehabilitated from Mining Damage in Selenge Aimag 10 days
Government Submits Five-Year Development Policy for 2026–2030 to Parliament 10 days
Government Mandates Loan Repayment by Erdenes Mongol Subsidiaries 10 days
New 640-Student School Building Completed in Capital City 10 days
Program to Prevent Digital Addiction to Be Implemented 10 days
Standard for Pasteurized Camel Milk Adopted 10 days
Prime Minister Appoints MP Gankhuyag Khassuuri as Deputy Prime Minister 10 days
Parliament Approves 2026 Budget 10 days
Deputy Speaker Bat-Erdene to Assume Speaker Duties 10 days
Embassy of China, UNFPA Launch Joint Health and Hygiene Education Projects in Selenge Aimag 10 days
Mongolia to Compete in Five Sports at 25th Deaflympics in Tokyo 11 days
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