Agriculture
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.
23 hours
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.
23 hours
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.
23 hours
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.
23 hours
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.
24 hours
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.
1 day
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.  
1 day
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.
1 day
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. 
2 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.
2 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. 
2 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.
2 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. 
3 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.
3 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.
3 days
Erdenes Tavan Tolgoi exports 22.6 thousand tons of coal since export resumption
‘Erdenes Tavan Tolgoi’ (ETT) JSC has exported 22.6 thousand tons of coal through Gashuunsukhait border checkpoint since the resumption of coal export, reported at the company’s regular press briefing.
4 days
World Bank: Countries in EAP must act now to mitigate economic shock of COVID-19
Ulaanbaatar /MONTSAME/. On March 30, the World Bank Group released Regional Economic Update for the East Asia and the Pacific in the Time of COVID-19 for April 2020. 
4 days
Banks fulfilled loan payment deferral requests totaling MNT 446 billion
The central bank of Mongolia gave an information on the difficulties borrowers are experiencing on meeting their loan repayments due to the impacts of COVID-19. Around 26 thousand borrowers with total debts of MNT 2.5 trillion have been struggling to make loan payments due to the pandemic, report the Bank of Mongolia. 
5 days
6-month exemption approved for self-employers’ social insurance contributions
Ulaanbaatar /MONTSAME/. On March 27, Friday, the government of Mongolian passed a set of measures to ease economic impact by the coronavirus pandemic. The measures contain an exemption of employers’ social insurance contributions by private enterprises and companies and of personal income tax for six months, effective from April 1.  
5 days
Coal export through Shiveekhuren port resumed
From today, Mongolia has resumed coal export through Shiveekhuren border port in Gurvantes soum of Umnugobi aimag. Gashuunsukhait port, which was halted for two months due to Covid-19 prevention, was re-opened on March 23 to restore coal export.
5 days
‘Vision - 2050’ policy document presented to President of Mongolia 22 hours
266 Mongolians evacuated from Japan 22 hours
BoM Governor meets Chinese Ambassador 22 hours
Project on increasing livestock sector competitiveness to be implemented 22 hours
Mongolia's 2020 growth outlook dims due to COVID-19 23 hours
Repayment of soft mortgage loans postponed temporarily 23 hours
Cargo from Europe being allowed entry under close inspection 23 hours
MNT 150 billion soft loan to be granted for support of spring sowing 23 hours
Earning expectation lowered by two-fold compared with last year 24 hours
The Art of Today 1 day
Volume on Mongolian heritage preserved in Hungary published 1 day
Ministry of Finance to cooperate with UNDP 1 day
Amount of dust particles in air reduced by about 60 percent 1 day
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Medical equipment provided for central hospitals of 21 aimags 1 day
Silver bowl with intricate lacquer illustration being kept at Sukhbaatar aimag museum 1 day
Mining products exported through four border crossings 1 day
The World Bank approves $26.9 million for Mongolia’s COVID-19 emergency response 1 day
S.Korean citizens living in Mongolia donate rapid test kits 1 day
261 Mongolians arrive from the Republic of Korea 1 day
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Groundbreaking ceremony held for Chinggis Khaan Museum 1 day
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Academic council at the Chinggis Khaan Museum established 1 day
Groundbreaking ceremony held for Chinggis Khaan Museum 1 day
Academic council at the Chinggis Khaan Museum established 1 day
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Coronavirus to be diagnosed in six hospitals 1 day
Medical equipment provided for central hospitals of 21 aimags 1 day
Mongolia exported 306.6 thousand tons of copper concentrate 2 days
MNCCI survey results on impacts of COVID-19 virus on economy 2 days
Finance Minister shed light on economic relief measures 2 days
Mongolia-U.S. sign formal child protection compact partnership 2 days
Coronavirus to be diagnosed in six hospitals 2 days
Warmer temperatures expected in most parts of the country 2 days
Zavkhan aimag and UNDP to collaborate for SDG localization 2 days
First handbook on sustainable production for Mongolian wool and cashmere industry published 2 days
Mongolian 5 wrestlers ranked in World Top-10 2 days
World Vision Mongolia provides assistance of MNT 65 million to Bayan-Ulgii aimag 2 days
Construction of new Mongol Aspiration School kicks off 2 days
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Mongolia’s largest dombor weighs 100 kg 2 days
Ulaanbaatar government officials to be upskilled with Asia Foundation 3 days
Economic stimulus package to limit COVID-19 impact to be submitted to Parliament 3 days
Cabinet meeting news in brief 3 days
9 apartments of Buyant Ukhaa-II complex to be allocated to vulnerable people 3 days
Joint efforts to enhance economic relations with China amid COVID-19 pandemic discussed 3 days
Ulaanbaatar city to be developed to have more pleasant living environments 3 days
Mongolia’s largest dombor weighs 100 kg 3 days
Speaker meets World Bank Country Manager Andrei Mikhnev 3 days
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Two more imported Covid-19 cases detected in Mongolia 3 days
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Musical fountain to be built in the south of central square 3 days
Two more imported Covid-19 cases detected in Mongolia 3 days
Interbank transaction fees reduced by 20 percent 3 days
Matad soum hit by earthquake 3 days
Donation of Jack Ma Foundation and Alibaba Foundation arrives in Mongolia 3 days
Foreign Minister meets Ambassador of Cuba 4 days
Erdenes Tavan Tolgoi exports 22.6 thousand tons of coal since export resumption 4 days
Coal export through Khangi border port resumed 4 days
One million shares traded at Mongolian Stock Exchange 4 days
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43 Mongolian military officers returned from Qatar 4 days
Musical fountain to be built in the south of central square 4 days
National Security Council discusses natural gas pipeline project 4 days
19th report on situations of human rights and freedom in Mongolia submitted to Parliament 4 days
Biodiversity to be conserved with participation of locals 4 days
Government’s health-related spending reaches MNT 37.6 billion 4 days
Deluun Boldog airport to be rebuilt this year 4 days
China donates humanitarian aid to Mongolia to fight coronavirus 4 days
Ministry of Health gives latest update on coronavirus situation in Mongolia 4 days
43 Mongolian military officers returned from Qatar 4 days
World Bank: Countries in EAP must act now to mitigate economic shock of COVID-19 4 days
Health center of Tosontsengel soum to be renovated 4 days
Education Minister receives Chinese Ambassador 4 days
Capital city governor gives financial support to ‘Magic Mongolia‘ Center 4 days
Banks fulfilled loan payment deferral requests totaling MNT 446 billion 5 days
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