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Money supply slightly increases
According to the report of the Bank of Mongolia (BoM), the money supply (broad money or M2) has reached MNT 12.4 trillion at the end of April 2017, showing an increase by MNT 220.9 billion or 1.8 percent from the previous month and by MNT 1,892.8 billion or 18.0 percent compared with the same period of 2016. At the end of April 2017, the national currency in circulation reached MNT 843.2 billion, up by MNT 45.9 billion or 5.8 percent from the previous month and by MNT 89.1 billion or 12.0 percent compared to the same period of 2016.
2961 days
GDP grows by 4.2 percent
GDP by production approach reached MNT 5,726.4 billion at current prices and MNT 3,063.9 billion at 2010 constant price in the first quarter of 2017, up 20.9 percent at current prices and 4.2 percent at constant prices compared to same period of the previous year.
2961 days
Bogd Khan's Red Palace and its Contested History exhibition to take place
On the occasion of the International Museum Day, the “Bogd Khan Palace Museum” is planning to open an exhibition under the theme “The Bogd Khan’s Red Palace and its Contested History”. The opening ceremony will be held at the Bogd Khan Palace Museum, in the Ceremonial Square in front of the Peace and Happiness Gate on May 18, tomorrow. 
2961 days
Gobi bear gives birth to twin cubs in Gobi Altai
Gobi bears, known as Mazaalai in Mongolia, are found in the Gobi Desert of Mongolia and is listed as endangered by Mongolian Redbook of Endangered Species. Only a small population or around 20-40 Gobi Bears are thought to currently survive in the Great Gobi Strictly Protected Area.
2961 days
Mongolian pilot wins bronze medal in paragliding
Mongolian pilot Ariunbat Khadkhuu won bronze medal in an international competition of paragliding took place Malaysia. It is the first team medal of Mongolian paragliders from an international tournament. Three Mongolian pilots competed in the competition among 74 pilots from 28 countries.  
2961 days
Central region forum of mining sector takes place in Orkhon aimag
On May 15-16, a central region forum of mining industry held in Orkon aimag on the occasion of the 95th anniversary of the mining sector development in Mongolia. Representatives of miners and mining researchers and delegates of Darkah-Uul, Orkhon, Selenge, Khuvsgul, Bulgan, Tuv, Arkhangai and Uvurkhangai aimags and public and private organizations, including Ministry of Environment and Tourism, Ministry of Energy, General Department of Taxation and General Agency for Specialized Inspection were in attendance. 
2961 days
Emergency response team saves lives of 622 people this year
Since the beginning of this year, the National Emergency Management Agency of Mongolia (NEMA) has saved 622 people and protected properties cost around MNT 5.6 billion in total from natural disasters. In 2016, 1300 people and properties of MNT 24.5 billion were rescued in times of natural disaster as well. 
2961 days
Minister addresses 'Energy Mongolia - 2017' international conference
“I would like to assure investors and businesses on the stability of the current Government’s policy for the next 4 years”, remarked Minister of Energy P.Gankhuu as he delivered an opening speech at the annual ‘Energy Mongolia’ international conference & exhibition which is to take place on May 17-18 at the Corporate Hotel & Convention Center.
2961 days
IMF Executive Board to discuss Mongolia's request next Wednesday
The International Monetary Fund Executive Board is scheduled to discuss Mongolia's request to implement Extended Fund Facility (EFF) during its meeting on May 24. Minister of Finance B.Choijilsuren was interviewed on this matter and other issues concerning the EFF program. Has the meeting schedule of the IMF Executive Board been confirmed? Is there a guarantee that the meeting will not be delayed again? Deputy Governor of Bank of Mongolia and I attended the spring meeting of Asian Development Bank on May 08, during which we met with relevant IMF officials and confirmed the meeting schedule.
2961 days
May 17 events
Following events are expected on May 17, Wednesday.  
2961 days
Exports surge as coal price increases
Some positive changes occurred in Mongolian economy in connection with the 100-120 percent increase in coal price on the global market against the same period of last year, reports the Bank of Mongolia.
2961 days
MPRP nominates former Member of Parliament S.Ganbaatar
Following the rejection of its presidential nominee N.Enkhbayar by General Election Commission, Mongolian People’s Revolutionary Party (MPRP) held its conference yesterday, May 16, as a result of which the party has a new nominee for the upcoming Presidential Election.  
2961 days
Ts.Munkh-Orgil: Many pressing issues of bilateral ties resolved during PM's visit to China
Minister of Foreign Affairs Ts.Munkh-Orgil gave an interview to the media about Prime Minister J.Erdenebat’s visit to the People’s Republic of China. The Minister said “- The two countries agreed that the countries have full potential to develop bilateral relations as we have no political argument and no conflict on border issues, which share borderline of 4700 km". 
2962 days
Director of UNESCO Cluster Office in Jakarta attends Mongolian Innovation Week
Dr. Shahbaz Khan, Director of the UNESCO Cluster Office in Jakarta and Regional Bureau for Science in Asia and the Pacific, attended  the Mongolian Innovation Week - 2017 events during his visit to Mongolia between May 9 and 12. Within the framework of the annual Mongolian Innovation Week - 2017 organized by the Mongolian University of Science and Technology (MUST), the National Innovation Forum was held on May 10 and Dr. Shahbaz Khan gave a keynote speech on “Science, Engineering, Technology and Innovation for Sustainable development”.  Also, he delivered a presentation on “Role of Science, Technology and Innovation to deliver UN 2030 Agenda for Sustainable Development” at an International conference on Innovation and Entrepreneurship Development on May 11.
2962 days
President working in Khovd aimag
President of Mongolia Ts.Elbegdorj was welcomed to Khovd aimag at the central square of the provincial center today, March 16 as he begins his working visit to the province.
2962 days
MPs attending International trade workshop in Singapore
Members of Parliament D.Tsogtbaatar and B.Undarmaa are attending International Trade Workshop for Parliament Members-2017, which is taking place on May 15-17 in Singapore. Rajaratnam School of International Studies and the World Trade Organization Secretariat (RSIS-WTO) are organizing the workshop, which is financed by Temasek Foundation of Singapore.
2962 days
Gobi bear gives birth to twin cubs in Gobi-Altai
2962 days
Energy sector strives to sustain its success to operate profitably
Energy sector, which had always been running on losses, has been working profitably since 2015 and strives to sustain its current success, putting a goal to be an energy exporter country.  Energy Regulatory Commission Chairman A.Tleikhan made this statement during a Consultative Meeting of Energy sector’ officials held today, May 16. In 2016, the energy sector received subsidy of MNT15 billion from the state budget, however, the sector paid MNT200 billion in tax, running operation with a pure profit of MNT11 billion.
2962 days
ChingHai’s melodies played on Morin khuur instrument
Morin Khuur Ensemble has performed the best of its works, which had been previously staged on the world famous concert halls.
2962 days
Anti-drug agreement to be signed between Mongolia and Hong Kong
Minister of Justice and Home Affairs S.Byambatsogt met with Rimsky Yuen, Secretary for Justice of Hong Kong during his working visit to the People's Republic of China. During the meeting, Mr. Rimsky Yuen expressed his pleasure for the extent of legal support between Mongolia and Hong Kong and noted his intention in activating more efficient cooperation.
2962 days
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