Mongolia’s gross domestic product (GDP) shrank 5.3 per cent last year, its first annual contraction since 2009, said the National Statistics Office (NSO) on Wednesday. The Mongolian economy amounted …
Mongolia-World Bank Group Partnership: Three Decades of Partnering for Prosperity
On February 14, 1991, the eve of Tsagaan Sar, Mongolia joined the World Bank Group[1]. This was the period when the country had just gotten on the path of democracy, free market, and openness to the …
30th anniversary of Mongolia’s accession to World Bank
This year marks the 30th anniversary of Mongolia’s accession to the World Bank Group. Specifically, on February 14, the eve of Tsagaan sar, the delegation led by former Minister of Finance A.Bazarkhuu …
World Bank Approves $50.7 Million for Affordable and Equitable COVID-19 Vaccine Access in Mongolia
The World Bank Board of Executive Directors today approved additional financing in the amount of $50.7 million for the Mongolia COVID-19 Emergency Response and Health System Preparedness Project …
Mongolia approves use of Sputnik V
The vaccine was approved under the emergency use authorization procedure without additional clinical trials in the country. Topics: Mongolia The EUA was obtained with the assistan …
World Bank approves extra funds for Mongolia COVID-19 vaccine access
The World Bank has approved an additional financing of 50.7 million U.S. dollars to help Mongolia get access to COVID-19 vaccines, the bank’s office in Mongolia said Friday. The financing was approved …
ION Energy CEO Ali Haji: Leading Lithium Exploration in the Underexplored Jurisdiction of Mongolia
ION Energy CEO Ali Haji sat down to share exciting updates on the company’s Baavhai-Uul project in Mongolia. ION Energy (TSXV:ION) CEO Ali Haji sat down to share exciting updates on the Baavhai-Uul …
ION Energy Acquires Urgakh Naran Licence in Mongolia
Ion Energy Limited is pleased to announce the acquisition of the Urgakh Naran Lithium Brine Project located in Mongolia’s Dorngovi Province. The name “Urgakh Naran” is Mongolian for “Rising Sun” and …
Mongolian Stock Exchange total market capitalization reaches MNT 3 trillion
The main indicator of the Mongolian stock market – the TOP-20 index of the Mongolian Stock Exchange (MSE) has reached 22,197.91 units, with an increase of 3.10% from last week. This is the highest …
Mongolia: Shift from Relief to Resilience Crucial to Economic Recovery
Hit by the COVID-19 crisis, Mongolia’s economy has experienced the worst contraction since its economic transition in early 1990s, but it is projected to rebound in 2021.