Ooluun.B
ooluun@montsame.gov.mn
2025-06-20 12:35:13
Road between Tosontsengel and Uliastai to be built with Chinese soft loan
At its yesterday’s meeting, the cabinet approved a draft of revised Government resolution on projects to be implemented with a soft loan of USD500 million, granted from the Government of the People’s Republic of China to the Government of Mongolia.
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'Khovd Thermal Power Station' company to be established
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Mongolia's Steppe Road and China's Belt and Road initiatives to be harmonized
Yesterday, in its meeting the cabinet discussed and backed draft memorandum of understanding between Governments of Mongolia and People’s Republic of China (PRC) on coordinating initiatives ‘Steppe road’ and ‘The Belt and Road’. ‘The Belt and Road’ initiative has become interior and foreign policy strategy of PRC since Chinese leader Xi Jinping had proposed it and China appeals countries of the world to join the initiative. The initiative focuses on connectivity and cooperation in policy coordination, infrastructure construction, trade and finance and people to people relations among 65 countries, covering East Asian 11 countries, West Asian 18, South Asian 8, Central Asian 5, Commonwealth of Independent States’ 7, Middle east and east European 16 countries
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Erdenet mine shows profit of MNT86.7 billion in first quarter
Erdenet Mining Corporation, one of the largest copper mine has worked with a profit of MNT86.7 billion, paying tax of MNT135.5 billion in the first quarter of this year. Yesterday, May 02, Parliamentary Economic Standing Committee heard of current situation and other issues related to the company. Some factors including copper price in the world market and exchange rates have influenced to work in such profit, said the Company Director Kh.Badamsuren.
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Parliamentary resolution clause to be reconsidered
The Mongolian People’s Party (MPP) group in parliament reached an agreement that Parliamentary resolution clause on transmission of big projects’ money through Mongolian banks should be reconsidered.  Today, the party group chairman D.Khayankyarvaa made a briefing after the group’s meeting.
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Neil Saker: IMF is cautious about investment environment worsening
The International Monetary Fund Executive Board has postponed making a final decision on its Extended Financial Facility (EFF) in Mongolia. The delay is caused by a parliamentary resolution clause on currency transmission of large-scale projects through Mongolian banks. The Executive Board was expected to make the final decision during their meeting last week. Today, on May 02, IMF Resident Representative Neil Saker gave explanations regarding the issue during a press conference at the State House. He said that the EFF has two main goals, including overcoming economic difficulties and creating policy foundation that ensures economic growth in the long term. Policy measures will be largely implemented on budget. The IMF backs the Government plan to reduce budget deficit, lowering it to 10.5 per cent of GDP this year and to have a positive balance by the beginning of 2020.
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Concession agreements of MNT11.1 trillion to be audited
Concession agreements, which totaled MNT11.1 trillion, will be audited, following the recommendation by the International Monetary Fund in connection with the implementation of its Extended Fund Facility program and to define the possibilities of financing them. 
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Darkhan-Uul to mark ‘Humanitarian day’ on 8th of every month
Darkhan-Uul aimag will mark the 8th of every month as “Humanitarian day”. The Citizens’ Representative Meeting of Darkhan-Uul aimag backed the proposal of the Red Cross Society's branch in the aimag, considering it as a proper to encourage government organizations, NGOs, citizens and companies to involve in humanitarian and charitable campaigns across the aimag.
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Uvurkhangai develops cooperation with Allier department of France
Uvurkhangai aimag has a cooperation agreement with Allier department of France over 15 years. Uvurkhangai aimag delegates headed by the Chairman of the Citizens’ Representative Meeting of the aimag visited Allier in November, 2016, holding talks on cooperation directions in 2017.   The agreements during the visit started to be realized in the agriculture sector. A student of the National Agriculture Institute of Toulouse city Nina Jeron has come to Kharkhorin soum to teach European technology of making cheese to local women and conduct experimental cheese production in Bat-Ulzii soum, planning to work there till September 15.  
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Children’s hospital to be built in Nalaikh district of Ulaanbaatar
A children’s hospital with 50 beds will be built in Nalaikh, remote district of Ulaanbaatar with grant of ‘Khangardi-Ulaanbaatar’ NGO and Peace and Friendship Fund of People’s Republic of China.  The foundation laying ceremony of the hospital was held on April 28. Nalaikh district has a population of 36 thousand and children aged 0-15 years old make 32 per cent of the total population, newborns increase by 900 annually.
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‘Gobi Wolf’ international exercise is running for sixth time
Gobi wolf’ international exercise training started today, May 1, in Umnugobi aimag, organized by the National Emergency Management Agency (NEMA), USA Embassy in Mongolia and U.S. Army Pacific for the sixth time. The training aims to improve the regional readiness in response to natural disasters, to ensure implementation of newly adopted law on Disaster prevention and to test management and organizational structure and tools for disaster response as well as to improve civil-military cooperation of the parties. “- ‘Gobi Wolf’ exercise is expanding year by year with increased number of international participants and it has become a 'Mongolian brand'-disaster response exercise. This year, the exercise is running under the theme ‘Let’s spread our knowledge and share experiences” said Brigade General T.Badral, NEMA Chairman.
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Budget deficit forecasted to be 9.5 per cent of GDP
Bills on 2018 Fiscal framework statement and 2019-2020 Budget assumption were submitted to the Parliament. The documents indicated that budget deficit in GDP would be 9.5 per cent in 2018, 6.9 in 2019 and 5.1 per cent in 2020 in compliance with goals to ensure budget unity in the midterm, to reduce budget deficit in stages, restrict expenditure growth, stabilize Government debt in legal threshold, ensure macroeconomic growth through budget stabilization. Fiscal framework statement bill was developed following to preliminary performance report of 2016 budget, midterm budget indicators, which agreed within the framework of the Extended Fund Facility program to be implemented with the International Monetary Fund and special fiscal requirements, which is defined in the Fiscal Stability law.  
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Raised three taxes come into effect today
Amendments to the 2017 State Budget laid out to raise seven types of taxes as the Government agreed with the International Monetary Fund in the scope of a three-year Extended Fund Facility. Tax rate increase of three types of taxes is coming into effect starting today, May 01. Those include tax on interest of bank savings, customs tax on imported cigarettes and excise tax on passenger cars.
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Shareholders' meeting of Erdenes Tavantolgoi takes place
Today, April 28, a regular meeting of shareholders of Erdenes Tavantolgoi Company was held at the Finance Center. Out of 2.5 million Mongolian citizens, who own 1072 shares of the company each, 65 shareholders attended the meeting.
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Cultural festival of nomads to be held on shore of Ulaagchnii Khar Lake
Cultural Festival of Nomads to be held on the shore of Ulaagchinii Khar Lake in Zavkhan aimag on July 23-25. Organizers, the tourism department of Zavkhan aimag and the Governor’s Office of the province have chosen the site, considering its unique natural beauty.
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Eco-friendly toilet facilities to be built in Khuvsgul Lake National Park
Integrated Livelihoods Improvement and Sustainable Tourism at Khuvsgul Lake National Park Project is being implemented with grants by the Asian Development Bank and Japan Fund for Poverty Reduction. Within the project, eco-friendly model toilet facilities are planned to be built at the Khuvsgul Lake National Park.
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Mongolian senior invited to Queen Elizabeth’s birthday
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April 28 Events
Following events are expected on April 28, Friday. 
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Mongolia and China Cooperation Council held its meeting
A meeting of Cooperation Council between Mongolia and China for mineral resources, energy and infrastructure was held successfully on April 26 in Beijing, China. The council meeting was attended by over 50 officials, including head of the Mongolian side of the council, Minister of Mongolia, Head of the Cabinet Secretariat J.Munkhbat, Minister of Road and Transportat Development D.Ganbat, Minister of Mining and Heavy Industry Ts.Dashdorj and Minister of Energy P.Gankhuu and other officials from the Mongolian side and Vice chairman of National Development and Reform Commission of the People’s Republic of China Ning Jizhe.
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Mongolian Culture Abroad
“Bumbardai”comic book presented in Thailand Mongolian comic book artist N.Erdenebayar presented his own comic book series named “Bumbardai” to the public during an opening ceremony of Asian Drawing Contest took place in Bangkok, Thailand on April 21-23.
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Meeting Held with Representatives from OSCE Office for Democratic Institutions and Human Rights 44 minutes
His Majesty Emperor Naruhito and Her Majesty Queen Masako to Pay State Visit to Mongolia 2 hours
Funds Raised from Bond to Be Allocated for Milk and Dairy Production 19 hours
Smart Greenhouse Complex to Be Established in Ulaanbaatar 22 hours
Thermal Power Stations Instructed to Work under Special Regime 1 day
Government Discusses Amendments to State Budget at Its First Session 1 day
Mongolian Writers to Take Part in Beijing International Book Fair 1 day
Mongolian Darts Player Tergel Khurelkhuu Tops the World Rankings 1 day
Prime Minister of Mongolia Appoints Ministers 2 days
Prime Minister Presents Nominees for Members of the Government to President of Mongolia 3 days
Gankhaich Wins Bronze Medal at World Judo Championships 3 days
State Great Khural Members Meet IMF Staff Team 3 days
Mongolian Boxers Win 16 Medals at the World Boxing Cup European Series 2025 3 days
Mongolia Promotes Its Culture at the Festival of Embassies in Prague 4 days
Mongolia to Cooperate with the United Kingdom in the Field of Mineral Resources 4 days
Open-Air Museum to Be Established on the Ruins of Old City of Kharakhorum 4 days
GMIT Celebrates Graduation of Eighth Cohort 4 days
“Mongol-B” Team Wins Gold Medal at the World Rapid and Blitz Team Championships 4 days
General Department of Taxation Awarded Silver Gender Equality Seal 4 days
Young People with Disabilities Launch Advocacy Campaign 4 days
This Week in Mongolia 4 days
Reconstruction of Kharkhorin City Begins 5 days
Early Detection for Autism Spectrum Disorders to Be Improved 7 days
Mongolian and International MMA Fighters to Participate in the “Khangarid Cup” 7 days
Uilstuguldur Altankhuyag Appointed Chief of Staff of the Office of the President of Mongolia 7 days
Mongolia-People’s Republic of China Joint Border Commission Agrees on Infrastructure and Security Priorities 7 days
“Chopiniana” and “Paquita” Ballets to be Staged at the Mongolian State Academic Theatre of Opera and Ballet 7 days
372 Athletes Will Receive Ranking Points for the Los Angeles 2028 Olympic Games 7 days
“Morin Khuur” Play Named Best at Baikal Mascot International Theater Festival 7 days
34th Prime Minister Zandanshatar Gombojav Receives Government Seal of Mongolia 7 days
People's Artist E. Amartuvshin Named One of the World's Top Five Opera Singers 7 days
Gold, Mined by Artisanal and Small-Scale Miners of Mongolia to Be Supplied to International Jewelry Companies 7 days
Zandanshatar Gombojav Appointed as Prime Minister of Mongolia 7 days
Student Police to Provide Assistance and Information for Tourists in Ulaanbaatar 8 days
Center of Excellence for English Language Teaching Opens in Ulaanbaatar 8 days
FIDE World Rapid and Blitz Team Chess Championships 2025 Underway 8 days
Standing Committee on State Structure Approves Proposal to Appoint Zandanshatar Gombojav as Prime Minister 8 days
President of Mongolia Submits Proposal to Nominate Zandanshatar Gombojav as Prime Minister of Mongolia to Parliament 8 days
Construction Work on 41 Hectares of Selbe Sub-Center Project Open for the Private Sector 8 days
Asia Folk 2025 Festival to Be Held for the Seventh Year in Ulaanbaatar 8 days
Lawyer Robert Painter: “It’s a Joy to See the T-Bataar Back Home and Smiling Happier Than Ever” 8 days
“Khasyn Khuleguud” Team Advances to the Semifinals of the Basketball Champions League Asia 2025 8 days
Asia Reference Center for Election Observation to Be Established in Mongolia 8 days
Mongolia Participates in the 113th Session of the International Labor Conference in Geneva 8 days
Draft Law on Amendments to the Law on the State Great Khural Submitted 8 days
Playtime Festival to Welcome 100,000 Attendees 8 days
Mongolian Boxers Claim Twelve Medals at World Boxing Cup European Series 2025 8 days
Mongolia Celebrates Buddha Day Nationwide 9 days
Mongolian Basketball Team “Xac Broncos” Advances to Basketball Champions Asia Quarterfinals 10 days
Mongolian Judokas to Compete in the 2025 World Judo Championships Depart for Budapest 10 days
“Danshig Naadam - Khuree Tsam 2025” to Be Held on June 27-29 10 days
Ministry of Environment and Climate Change of Mongolia and the Global Land Initiative to Cooperate in Combating Desertification and Land Degradation 10 days
Silver Gerege Discovered on the Territory of Mongolia for the First Time 10 days
Buddha Day: A Day of Compassion, Empathy, and Loving Kindness 10 days
Honorary Reception Commemorating 75 Years of Mongolia-Poland Relations Held 10 days
Contract for the Construction of Gashuunsukhait-Gantsmod Cross-Border Railway Signed 10 days
Aviation Meteorological Center Introduces ISO 9001:2015 Quality-Management System 10 days
MPP Nominates Zandanshatar Gombojav for Prime Minister of Mongolia 11 days
Mongolian Youths to Study U.S. Political Systems Under MUNCEP-2025 11 days
Davaadalai Tumendalai: Solid Construction Waste Can Be Recycled and Put Into Economic Circulation as Gravel and Aggregate 11 days
“Students' Grove” Established at NUM Training and Research Center in Kharkhorin 11 days
Mongolian Chess Players to Compete in the FIDE World Rapid and Blitz Team Chess Championships 11 days
The "Mongolian Gallery" Exhibition Opens in Calgary City of Canada 11 days
The "Czech Villadom" Project to Provide Green Housing for 40 Households Launches 11 days
Legal Regulations Protecting Taxpayers’ Rights and Interests Enforced 11 days
Acting Foreign Minister of Mongolia Receives Non-Resident Ambassador of Oman to Mongolia 11 days
Third State Central Hospital Introduces Surgery for Deep-Seated Brain Tumors 11 days
This Week in Mongolia 11 days
Honorable Mr. Ban Ki-moon Donates MNT 180 Million in Support of the “Billions of Trees” National Movement 14 days
Impressions and Insights of the Distinguished Guests of the Sustainability Dialogue 2025 14 days
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