Economy
USD26.9 million loan agreement signed
The Government of Mongolia, in partnership with international organizations, is implementing projects and taking urgent measures to prevent the novel coronavirus spread, diagnose and treat the infection.
10 hours
Government to bear expenses of Tavan Tolgoi Power Plant project
Ulaanbaatar /MONTSAME/. At its regular weekly meeting held today, the cabinet decided to build 450 MW Tavan Tolgoi Power Plant (TTPP) in Umnugobi aimag between 2020 and 2024, based on a ready-made feasibility study of 2013, analyses on its water and coal supply and infrastructure facilities, and environment assessments, without changing its current location in the Tavan Tolgoi coal mining area. 
1 day
212 tons of food products transported by railway
On April 6, 6 trains, 287 containers and 31 wagons crossed the state border, transporting a total of 212 tons of food products.
2 days
Southeast Asian members of WB and IMF convene teleconference
On April 3, World Bank and the International Monetary Fund convened a teleconference of their Southeast Asian members to support information exchange on the countries’ measures against COVID-19.
3 days
BoM purchases 5.3 tons of precious metal
 As of first three months of 2020, the Bank of Mongolia (BoM) purchased 5.3 tons of precious metal in total.
3 days
Mongolia's 2020 growth outlook dims due to COVID-19
Mongolia’s economic growth is expected to fall sharply in 2020 because of the novel coronavirus (COVID-19) pandemic but rebound in 2021 as the outbreak subsides, says a new report by the Asian Development Bank (ADB) released today.
6 days
Repayment of soft mortgage loans postponed temporarily
The Bank of Mongolia, the Ministry of Finance, the Mongolian Mortgage Corporation HFC LLC and other commercial banks have made the following decision to support people who have received soft mortgage loans from the government.
6 days
Cargo from Europe being allowed entry under close inspection
Appropriate measures are being taken for drivers and vehicles transporting cargo and all types of products into the territory of Mongolia from Europe and Russia through Altanbulag border checkpoint.
6 days
MNT 150 billion soft loan to be granted for support of spring sowing
In connection with start of spring cultivation, the Ministry of Food, Agriculture and Light Industry resolved to grant MNT 150 billion soft loan with 3-5 percent interest rate through the Development Bank of Mongolia to encourage its crop farmers.
6 days
Earning expectation lowered by two-fold compared with last year
Mongolian National Chamber of Commerce and Industry (MNCCI) conducted its annual ‘Business confidence index survey’ on March 3-27, involving a total of over 1800 businesses in Ulaanbaatar and provinces.
6 days
Ministry of Finance to cooperate with UNDP
Today, United Nations Development Programme (UNDP) signed a memorandum of understanding (MOU) with the Ministry of Finance of Mongolia to establish a partnership and collaboration on implementation of the medium-term Public Finance Management Reform in Mongolia, including budgeting for SDGs or program-based budgeting process, to accelerate the Sustainable Development Agenda 2030 in Mongolia.
6 days
Mining products exported through four border crossings
Heavy trucks loading coal are crossing the border of Mongolia again, after being suspended for almost two months due to the heightened state of readiness.  
6 days
The World Bank approves $26.9 million for Mongolia’s COVID-19 emergency response
Ulaanbaatar /MONTSAME/. On April 2, The World Bank’s Board of Executive Directors approved $26.9 million for the Mongolia COVID-19 Emergency Response and Health System Preparedness Project to meet emergency needs in the face of the pandemic and to better prepare for future health crises.
7 days
Mongolia exported 306.6 thousand tons of copper concentrate
According to the information provided by the Customs General Administration, Mongolia exported 306.6 thousand tons of copper concentrate in the first quarter of this year. 
7 days
MNCCI survey results on impacts of COVID-19 virus on economy
O.Amartuvshin, the President of the Mongolian National Chamber of Commerce and Industry, and B.Dulguun, an economist, introduced the impact of the COVID-19 on the economy and the urgent measures to be taken.
7 days
Finance Minister shed light on economic relief measures
Ulaanbaatar /MONTSAME/. On April 1, Minister of Finance Ch.Khurelbaatar hosted a press conference to make a detailed clarification on the government economic measures to mitigate the economic downturn and protect those affected by the COVID-19 pandemic. 
7 days
First handbook on sustainable production for Mongolian wool and cashmere industry published
In the scope of STeP EcoLab Mongolia project funded by the European Union, a handbook of environmentally friendly, sustainable production for the Mongolian wool and cashmere industry has been published and is ready to be delivered to the hands of managements, engineers and technical workers of the sector.
7 days
Economic stimulus package to limit COVID-19 impact to be submitted to Parliament
Ulaanbaatar /MONTSAME/. On April 1, at its regular meeting, the Cabinet held a discussion on a draft parliamentary resolution and accompanying bills on a package of measures to protect the health and income of people, keep employment stable and stimulate the economy.  The package contains 14 measures in four areas, as introduced by Prime Minister U.Khurelsukh on last Friday. 
8 days
Speaker meets World Bank Country Manager Andrei Mikhnev
On March 31, Speaker of the Parliament G.Zandanshatar met with Mr. Andrei Mikhnev, the World Bank Country Manager for Mongolia, exchanging views on overcoming coronavirus crisis and policies and actions for economic risk protection.
8 days
Interbank transaction fees reduced by 20 percent
 In order to prevent and reduce the risk of COVID-19 pandemic, small amount of interbank transaction fees will be reduced by 20 percent starting from today, April 1, during the period of heightened state of readiness.
9 days
Revised Bill on Development Policy, Planning, and Administration submitted 8 hours
Ger area redevelopment project to cover five subdistricts of Khan-Uul 9 hours
A poll launched, asking citizens’ participation in upcoming elections 9 hours
Health authorities of WHO Western Pacific member states convene virtually 10 hours
General Election Commission inquired about preparations for Parliamentary elections 10 hours
USD26.9 million loan agreement signed 10 hours
New refined coal plant to be established in Tuv aimag 10 hours
Earthquake frequency in Mongolia increases fivefold in 15 years 11 hours
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Government to bear expenses of Tavan Tolgoi Power Plant project 12 hours
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Charter plane brings another 267 people from Seoul 12 hours
Charter plane brings another 267 people from Seoul 15 hours
Monetary incentives to be granted to staff of the NCCD 15 hours
Decisions made by cabinet in brief 1 day
Government to bear expenses of Tavan Tolgoi Power Plant project 1 day
Japanese Ambassador thanked MIAT 1 day
World famous music magazines feature works created by artist Ts.Davaajargal 1 day
A 3.5 magnitude earthquake occurs in Umnugobi aimag 1 day
Bayankhoshuu substation to commission in May 1 day
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16th imported Covid-19 case recorded in Mongolia 1 day
Mongolia using Avigan flu drug to treat coronavirus 1 day
16th imported Covid-19 case recorded in Mongolia 1 day
Transport Minister works at New Ulaanbaatar International Airport 1 day
Ulaanbaatar Mayor visits Bayankhoshuu Subcenter 1 day
2nd phase of project to improve educational service for children with disability commencing 1 day
Views exchanged on collaboration for business and human rights 1 day
‘Erdenes Mongol’ LLC to partner with Natural Resource Governance Institute 1 day
20 thousand trees to be planted in Dornogobi aimag this year 2 days
212 tons of food products transported by railway 2 days
Some election platforms fail to meet criteria for 2020 parliamentary election 2 days
'50:100' tourist complex welcomes over 6000 visitors in 2019 2 days
Capital City Governor holds regular online briefing 2 days
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Two more recovered Covid-19 patients to be discharged 2 days
Foreign Minister meets WHO Representative in Mongolia 2 days
Average life expectancy in Mongolia rises by 7.4 years 2 days
Local brand store to open in Uvurkhangai 2 days
Two more recovered Covid-19 patients to be discharged 2 days
Asian countries still providing assistance to Mongolia 2 days
The silver bowl with a moving dragon at the bottom 3 days
Temasek Foundation donates 3000 Covid-19 test kits 3 days
More than 6,000 Mongolians abroad wish to return home 3 days
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Parliament spring session opens today 3 days
3.9-magnitude of earthquake occurs in Khovd aimag 3 days
Ulgii Milk starts high production dairy farm 3 days
Southeast Asian members of WB and IMF convene teleconference 3 days
President delivers speech at opening of regular parliamentary session 3 days
State Secretary of Foreign Ministry meets South Korean Ambassador 3 days
Ulaanbaatar Mayor checks sports facility construction 3 days
Construction of 30.5km Darkhan-Tsaidam road begins 3 days
Substandard or unauthorized outdoor advertising signs to be removed 3 days
Parliament spring session opens today 3 days
BoM purchases 5.3 tons of precious metal 3 days
Stock Exchange weekly review /Mar 30-Apr 3/ 3 days
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15th coronavirus case recorded in Mongolia 4 days
15th coronavirus case recorded in Mongolia 4 days
Test kits for COVID-19 detection in its incubation period donated 4 days
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‘Vision - 2050’ policy document presented to President of Mongolia 4 days
MP B.Batzorig submits his resignation letter 4 days
‘Vision - 2050’ policy document presented to President of Mongolia 6 days
266 Mongolians evacuated from Japan 6 days
BoM Governor meets Chinese Ambassador 6 days
Project on increasing livestock sector competitiveness to be implemented 6 days
Mongolia's 2020 growth outlook dims due to COVID-19 6 days
Repayment of soft mortgage loans postponed temporarily 6 days
Cargo from Europe being allowed entry under close inspection 6 days
MNT 150 billion soft loan to be granted for support of spring sowing 6 days
Earning expectation lowered by two-fold compared with last year 6 days
The Art of Today 6 days
Volume on Mongolian heritage preserved in Hungary published 6 days
Ministry of Finance to cooperate with UNDP 6 days
Amount of dust particles in air reduced by about 60 percent 6 days
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