Financial Stability Council holds irregular meeting
On February 28, an irregular meeting of the Financial Stability Council took place. During the meeting, Head of the Macroeconomic Policy Division of the Economic Policy Department at the Ministry of Finance J.Ganbayar, Director General of the Monetary Policy Department of the Bank of Mongolia B.Bayardavaa, and Director General of the Payment Systems Department of the Bank of Mongolia E.Anar made presentations on the impact of the Russia-Ukraine crisis on Mongolia’s economy, the country’s economic outlook and some possible measures, and the financial sanctions that have been imposed on Russia.
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