Economics

Mar 24, 2017 |
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Ulaanbaatar /MONTSAME/ The Ministry of Finance of Mongolia and World Bank launched an Export Development Project on March 24. The project is aimed to help small and medium-sized enterprises in non-minerals sectors to strengthen their export capabilities and boost their access to export markets.

Sep 18, 2015 |
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Ulaanbaatar /MONTSAME/ The national consumer price index (CPI) increased by 0.1% in August of this year against previous month, by 3.4% against beginning of the year; and by 6.6% over the same period of the previous year.

The increase of 3.4% from beginning year was mainly due to increases of 39.5% in education, 25.0% in food and nonalcoholic beverages group and 19.1% in clothing, footwear and cloth group.

Sep 18, 2015 |
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Ulaanbaatar /MONTSAME/ In the first eight months of this year, total external trade turnover of Mongolia reached USD 5,798.4 million after making trade with 140 countries.

Sep 18, 2015 |
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Ulaanbaatar /MONTSAME/ In the first eight months of this year, total balanced revenue and grants of the General Government Budget (GGB) amounted to MNT 3576.8 billion, while total expenditure and net lending amounted to MNT 4345.9 billion, showing a deficit of MNT 769.2 billion in the balance.

Sep 18, 2015 |
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Ulaanbaatar /MONTSAME/ The Bank of Mongolia has reported that money supply (M2) reached to MNT 10.0 trillion at the end of August of this year, increased by MNT 100.9 billion or 1.0% against previous month, but decreasing by MNT 171.7 billion or 1.7% against the previous year.

Sep 17, 2015 |
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Ulaanbaatar /MONTSAME/ A new World Bank report recommends that the Mongolian government improve the efficiency of welfare spending by consolidating various types of benefits and focusing on households in need of social assistance, especially during times of economic shocks.

The news was published on September 16 on the WB’s website.

Sep 08, 2015 |
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Ulaanbaatar /MONTSAME/ At the Stock Exchange trades on Monday, a total of 422 units of nine JSCs were traded costing MNT 866 thousand and 260.00.

Sep 08, 2015 |
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Ulaanbaatar /MONTSAME/ Five stock trades were held at Mongolia's Stock Exchange from August 31 to September 4, 2015. In overall, 261 thousand and 33 units of 37 JSCs were traded costing MNT 10 billion 868 million 738 thousand and 152.00.

Sep 08, 2015 |
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Ulaanbaatar /MONTSAME/ At the Stock Exchange trades on Friday, a total of 3,475 units of 16 JSCs were traded costing MNT four million 629 thousand and 336.00.

Sep 08, 2015 |
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Ulaanbaatar /MONTSAME/ At the Stock Exchange trades on Thursday, a total of 8,346 units of 14 JSCs were traded costing MNT three million 223 thousand and 863.00.

Sep 08, 2015 |
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Ulaanbaatar /MONTSAME/ On the foreign exchange auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 28.6 million in a rate between MNT 1987.00-1992.20 and CNY 112.56 million in a rate between MNT 308.91-312.05 from local commercial banks.

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