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.
Ulaanbaatar /MONTSAME/ Today, March 24, Finance Minister B.Choijilsuren submitted a bill on 2017 Budget Amendment to Parliament Speaker M.Enkhbold. The budget amednment has been developed within the framework of policy measures to realize IMF’s Extended Fund Facility program.
Ulaanbaatar /MONTSAME/ Deputy Governor of the capital P.Bayarkhuu met with a working group of the Asian Development Bank to develop a feasibility study on “Affordable housing program”. The working group introduced principles of the program planning and working plan to the Deputy Governor.
Ulaanbaatar /MONTSAME/ “The expansion of Olon Ovoot inland port will help increase income from coal and employment in Mongolia”, remarked D.Ganbat, Minister of Road and Transport Development D.Ganbat as he attended an official inauguration ceremony of an expanded terminal built at Olon Ovoot port, Dornogobi aimag on March 23.
Ulaanbaatar /MONTSAME/ Yesterday, Speaker of the Parliament M.Enkhbold got acquainted with development process of a new airport in Khushigt Valley hondii valley in Sergelen soum of Tuv aimag.
Ulaanbaatar /MONTSAME/ A forum named "Partnership 2017" with aim to attract investors of Southeast Asian countries to Mongolia will take place in Kuala Lumpur, Malaysia on July 4-5.
Ulaanbaatar /MONTSAME/ Due to the Development Bank of Mongolia’s USD 580 million Euro bond which matured on March 21, the Ministry of Finance announced that Development Bank-owned Eurobond is to be replaced by a new bond issued by the Government of Mongolia in February, 2017. Credit Suisse and J.P.Morgan will be acting as the bond’s underwriters.
Ulaanbaatar /MONTSAME/ According to a report of the Bank of Mongolia, the total foreign trade turnover of goods was increased by USD 350.9 million or 36.3 percent compared to the same period of last year and reached USD 1316.3 million in the first two months of 2017.
Ulaanbaatar /MONTSAME/ During the Cabinet’s regular meeting on March 20, Monday, Head of Cabinet Secretariat J.Munkhbat reported on the conclusion of a working group which was designated to implement Ulaanbaatar Sewage Facility Construction project and discuss the conditions of concession contract with proposed entities.
Ulaanbaatar /MONTSAME/ During the Cabinet’s regular meeting on March 20, Monday, Head of Cabinet Secretariat J.Munkhbat reported on the progress of 126.7 km Bayankhongor-Altai road project which is listed among state-owned concession items approved by the 2013 Cabinet resolution No 317.
Ulaanbaatar /MONTSAME/ During its regular meeting on March 20, Monday, the Cabinet resolved to form a 100 percent government-owned company to handle the construction of an oil refinery plant in the country.