Mongolian Economy and Finance

Global aid agencies are responding to a call for assistance by Mongolia as harsh winter weather raises fears for the safety and livelihoods of the country's traditional pastoralists, who have already been hit hard by a drought last year.

By Hler Gudjonsson, IFRC On the vast Mongolian grasslands, livestock are dying in the thousands due to an ever worsening winter ‘Dzud’.

Hungary has extended a $25mn credit line to Mongolia for the overhaul of a bioplant.

Ulaanbaatar, February 1, 2016 — Today, The Asia Foundation’s Books for Asia program; Mongolia’s Ministry of Education, Culture, and Science; and Library For All kick off Let’s Read!

Since the end of the socialist regime in the early 1990s, urban migration in Mongolia has continued to play an outsized role in the country’s evolving economic and social identity.

By the time the team returned to Belfast, they had travelled more than 16,000 miles

A local Rotary Club effort improved rural Mongolian birthing technology by bringing maternal and pediatric suites to five clinics in the developing country’s outskirts last month.

by Staff Sgt. William Banton Pacific Air Forces Public Affairs

The European Bank for Reconstruction and Development (EBRD) announced recently that it is helping to finance the construction of the Senj Sant dry process cement plant in southern Mongolia.

The European Bank for Reconstruction and Development (EBRD) has signed a deal to loan Senj Sant US$65m for a new greenfield cement plant in southern Mongolia, about 450km from the capital Ulaanbaatar.

On July 24, Minister of Economic Development N.Batbayar received Canadian Minister of Foreign Affairs John Baird, who is visiting Mongolia at the invitation of Mongolian Minister of Foreign Affairs L.Bold.

School project completed thanks to US-Mongolia cooperation BAYANGOL DISTRICT, Ulaanbaatar, Mongolia (US Embassy) – On July 24, the handover ceremony of the renovation project at the Kindergarten 114  took place. During the Khaan Quest 2014 international peace keeping exercise, a multinational team of engineers and construction specialists worked together to complete renovations at School 42, Kindergarten 114, and to construct a new water distribution point in the Songinokhairkhan district.

Two men are taking on the ‘mammoth expedition’ of 20,000 miles, five mountain ranges and three deserts in two continents in their transit van to raise money for a hospice.

TAIPEI -- Taiwanese charity groups traveled to remote areas of Sri Lanka and Mongolia earlier this month to provide medical services to people there, according to the Ministry of Foreign Affairs, which covered part of the costs of the missions.

Taipei, July 23 (CNA) Taiwanese charity groups traveled to remote areas of Sri Lanka and Mongolia earlier this month to provide medical services to people there, according to the Ministry of Foreign Affairs, which covered part of the costs of the missions.

A project to improve the technical and vocational education and training (TVET) system in Mongolia was presented to MP Ts.Davaasuren, Chairman of the Standing Committee on Budget, by Asako Maruyama, Education Specialist of Asian Development Bank, on July 7.

Berlin, Germany: German development bank KfW will cofinance up to US $2 billion over three years with Asian Development Bank (ADB) to promote development in the Asia and Pacific region, particularly in Bangladesh, India, Indonesia, Mongolia, and Vietnam.

MANILA, Philippines, July 1 -- The Asian Development Bank issued the following news release:

Korean Air held a ‘donation ceremony’ on 26 June at Gun Galuutai Complex School nearby Baganuur, Ulaanbaatar to formally handover to the school thirty computers with desks and chairs.

The Canadian government on Saturday designated the Philippines as a “Country of Focus “ of its international development assistance program.