PARLIAMENT ADOPTS 2018 STATE BUDGET BILL
During its irregular plenary meeting, the Parliament made the final hearing on the 2018 State Budget Bill and adopted with 92.3 percent vote.
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FOURTH CHINGGIS KHAAN FESTIVAL APPROACHING
In commemoration of the 855th Birthday of Chinggis Khaan, Genco Tour Bureau JSC organized the 4th Chinggis Festival.
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IDR OF MONGOLIA IS AT 'B'
The Fitch Ratings and S&P, international credit rating agencies, have rated the Mongolian Government’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'B', same as the previous rating.
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NEW CABINET TAKES OFFICE
The new Cabinet formally took office. The 15th Cabinet is led by Prime Minister U.Khurelsukh and consists of 15 Ministers. In the last 25 years, there have been 14 Cabinets, only two of which completed the four-year term.
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POSITIVE INDICATORS OF MONGOLIAN ECONOMY
The Asian Development Bank (ADB) has forecasted the economic growth of Mongolia would increase by 4% in 2017 and by 3% in 2018. This is more positive expectation compared to the forecast by last April.
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EXPO MONGOLIA 2017 KICKS OFF
The Expo Mongolia 2017, a trade fair for private entities engaged in all sectors, such as, construction, mining, food and environment, opened for the fifth year in Ulaanbaatar. Mongolia is well-renowned in the world by its natural resources.
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