Politics
Court Rejects Request to Detain Hero Entertainment Director B. Baatar
Published: 2026-10-02
A district court on October 2 rejected prosecutors’ request to place Hero Entertainment Group director and filmmaker B. Baatar in pretrial detention. Baatar remains barred from leaving the country under a measure imposed on September 25. The Capital City Prosecutor’s Office has named him an accused person in an investigation involving alleged fraud and money laundering under Articles 17.3 and 18.6.1 of the Criminal Code. The detention hearing began around 2 p.m. after Baatar asked to attend in person. His request to replace Judge E. Enkhtuvshin was rejected by Chief Judge B. Khaliun before the hearing continued. A. Bayartsetseg, executive producer of the play The Mongol Khan, said the investigation concerns allegations linked to the production’s financing; this was her statement, not a court finding.
Coverage:
DP Seeks Confidence Vote in Prime Minister After Political Council Meeting
Published: 2026-10-02
The DP’s Political Council met on October 2 to discuss accountability for the MPP-led government and the ongoing budget debate. Party leader O. Tsogtgerel said the council was requesting that the prime minister submit a confidence motion and that the DP parliamentary group would soon decide whether to pursue the prime minister’s removal. The party had earlier called for accountability for named ministers, including Defense Minister L. Batluta, and linked its demand to allegations involving ministers and lawmakers. Tsogtgerel said the party would verify whether the government had acted on its requests. The DP also said it would participate in budget deliberations, supporting higher wages and pensions while seeking cuts to what it describes as wasteful spending.
“The question is not whether the prime minister has confidence in himself, but whether the people have confidence in him.” - O. Tsogtgerel (isee.mn)
Coverage:
Parliament Takes Up 2026 Budget Revision and Labor Inspection Treaties
Published: 2026-10-02
Parliament convened on October 2 with 76 of 126 members present to consider a package of labor, procurement and budget measures. The agenda included bills to ratify International Labour Organization Convention No. 81 on labor inspection in industry and commerce and Convention No. 129 on labor inspection in agriculture. Lawmakers also considered whether to advance a revised Public Procurement Law proposed by 28 members, amendments to the Fiscal Stability Law, and several measures tied to the 2026 budget revision. The latter include proposed revisions to the state budget, National Wealth Fund, Social Insurance Fund and Health Insurance Fund budgets, which were scheduled for third reading. Parliament Speaker S. Byambatsogt said completing the budget revision was necessary to create the legal basis for pension and public-sector wage increases from November 1 and for building reserves of strategic food products.
Coverage:
Published: 2026-10-02
A preliminary hearing on October 2 set a trial on guilt for October 16 at 11 am for former energy minister and former Thermal Power Plant No. 4 chief executive N. Tavinbek and three co-defendants, R. Dagdan, A. Enkhbat and B. Bat-Erdene. Prosecutors have filed charges under Criminal Code articles 22.1(3), 22.5(1) and 22.4(5). The case concerns consulting services for a Mongolia-South Korea project to build heating plants in ten provincial centers. Investigators allege that, while serving as State Secretary at the Energy Ministry, Tavinbek extended a consultant contract despite inadequate performance and increased its budget, providing an economic advantage to a named company. The reports differ on the alleged amount of the budget increase. The charges have not been tested at trial.
Coverage:
MP Cites Audit Report on Erdenes Tavan Tolgoi Debt Spending
Published: 2026-10-02
MP J. Zoljargal said on October 2 that MNT 3.7 trillion that should have gone to the Wealth Fund was not deposited there, was recorded as debt, and was spent on other projects. He cited a compliance report by the National Audit Office. Zoljargal said Erdenes Tavan Tolgoi had distributed MNT 2.4 trillion in dividends to citizens, invested MNT 9 trillion, paid MNT 200 billion in management fees to Erdenes Mongol, and spent MNT 59 billion on social-responsibility spending. He said Resolution No. 39 of 2010 calls for at least 50% of the company’s shares to be issued, and that 20% should be traded on the exchange before citizen-held shares are traded.
Coverage:
Parliamentary Committee Rejects Higher Care Allowances for People With Disabilities
Published: 2026-10-02
Parliament’s Standing Committee on Human Development and Social Policy rejected a proposal to raise care and welfare allowances for people with disabilities above the minimum living standard during its third reading of 2026 budget-amendment bills. Finance Minister Z. Mendsaikhan said the amendments would begin basic pensions early for older people, narrow pay differences in public services, and redirect current spending toward incomes and social protection. The budget allocates 196.3 billion tugriks for monthly basic pensions of 100,000 to 300,000 tugriks for 435,000 older people from November, and 170.1 billion tugriks for public-service salary increases and equalization. It also projects 1.44 trillion tugriks in savings from reducible institutional spending.
“Raise these people’s allowances above the minimum living standard.” - J. Bayasgalan (tug.mn)
Coverage:
Economy
Government Seeks New Fuel Sources as AI-92 Shortage Persists
Published: 2026-10-02
Industry and Mineral Resources Minister G. Damdinnayam said Mongolia consumes about 75,000 tonnes of AI-92 gasoline monthly but imported about 54,000 tonnes in August and 62,000 tonnes in September, prolonging shortages and queues. The government has contracted to obtain 78,000 tonnes from China in October and plans to expand national storage capacity by 150,000 tonnes this year. Damdinnayam said Russia, which normally supplies 97 percent of imports, has reduced deliveries as refinery disruptions constrain supply. He said officials are pursuing contracts with multiple suppliers and will visit Singapore and Belarus, while fuel from elsewhere must still transit through Russia or China. Diesel and aviation-fuel supplies have improved, he said.
Coverage:
Central Bank Proposes Government Securities to Repair Its Capital Shortfall
Published: 2026-10-02
Bank of Mongolia Governor S. Narantsogt said the central bank had accumulated losses of MNT 6.9 trillion by the end of 2025, leaving a capital shortfall of MNT 4.8 trillion. In proposed 2027 monetary-policy guidelines, the bank would address the shortfall through government-issued special securities rather than a cash transfer from the state budget. Narantsogt said the proposal calls for at least MNT 1.5 trillion in securities each year from 2027 to 2031; he also described the planned securities over that period as totaling about MNT 7 trillion. The bank estimates using the securities to absorb excess liquidity could reduce annual interest costs by MNT 0.3–0.4 trillion. It also proposes barring central-bank financing of fiscal programs and transferring the mortgage program to the government. The sources say 54,000 applicants await MNT 7.9 trillion in mortgages.
Coverage:
ADB Increases Concessional Financing Envelope to USD 350.68 Million
Published: 2026-10-02
Prime Minister Uchral met Asian Development Bank President Masato Kanda on October 1 to discuss expanded project funding, budget support and cooperation on private-sector and capital-market development. Uchral welcomed an increase in the concessional financing envelope for 2025-2028 from USD 292.7 million to USD 350.68 million. The funding is intended for school, kindergarten and hospital projects to improve education facilities and access to health services. The government also proposed expanding long-term concessional finance for education, health care and disaster-risk reduction. The two sides agreed to accelerate consideration of USD 200 million in budget support intended to protect economic stability during 2026. The ADB is also examining a USD 250 million contingent credit line for rapid use during disasters. Mongolia proposed further cooperation to improve financing access for startups and small and medium-sized enterprises.
Coverage:
US Report Flags Investment Risks Despite Open Market Access
Published: 2026-10-02
The U.S. State Department’s Investment Climate Statement says Mongolia remains relatively open to market entry and has few formal limits on investors, citing the success of international fast-food and grocery franchises and potential in agriculture and livestock. It says, however, that the country has struggled to turn interest into investment because of unpredictable regulation, slow dispute resolution, weak consultation with business, and concerns about preferential treatment for state-owned enterprises. The statement highlights the 2024 Sovereign Wealth Fund Law, under which private owners of deposits designated strategic must transfer at least 34 percent to the state without compensation. It notes legislation passed in 2026 to simplify permits and licences, but says clear commitments to improve implementation are lacking.
Coverage:
Entree and Oyu Tolgoi Seek Registration for Licence Transfer
Published: 2026-10-02
Entree Resources CEO Chris Adams said the company and its joint-venture partner are continuing work with the Mongolian government to transfer the Shivee Tolgoi and Javkhlant mining licences to Oyu Tolgoi LLC. In June, the partners updated the licence valuation and paid the applicable transfer tax to Mongolia’s tax authority, he said. They are now seeking the tax-payment certificate required to register the transfer with the Mineral Resources and Petroleum Authority, so the process remains unfinished. Adams said he visited Mongolia in early September, meeting Oyu Tolgoi LLC, Rio Tinto, the mining minister and business representatives. Entree plans an updated technical report for the Hugo North Lift 1 and Lift 2 deposits in the first quarter of 2027. A separate report called for government disclosure on whether the licensing process is connected to discussions on Oyu Tolgoi fees, loan interest and dividends.
Coverage:
Three Tavan Bogd-Linked Companies Received MNT 216.5 Billion in Subsidized Loans
Published: 2026-10-02
Open-data records show that Gobi JSC, Ulaanbaatar Flour LLC and Mon Beef LLC, companies linked by the report to Tavan Bogd, received 17 subsidized loans totaling MNT 216.5 billion through five state-backed programmes. Gobi received 11 loans worth MNT 155.5 billion, including MNT 79.5 billion for cashmere procurement and MNT 66 billion under the White Gold programme. Ulaanbaatar Flour received five loans totaling MNT 58 billion, while Mon Beef received MNT 3 billion under a food and agriculture support programme. The combined outstanding balance was reported at MNT 64.06 billion. Commercial banks issue the loans while the state budget covers part of the interest. The Agriculture Ministry reported MNT 379.4 billion in interest-rate subsidies across three programmes during 2023-25.
Coverage:
Trade Surplus Reaches USD 6.1 Billion in First Nine Months
Published: 2026-10-02
Foreign trade produced a USD 6.1 billion surplus in the first nine months of 2026, according to the General Customs Administration. Exports totaled USD 14.4 billion, mainly minerals and raw materials, while imports reached USD 8.3 billion, bringing total trade turnover to USD 22.7 billion. More than 90% of exports went to China and 4-5% to Switzerland. Coal and copper concentrate sales generated 75-85% of export revenue. China supplied 40-42% of imports, Russia 25-30%, and Japan 8-10%. Petroleum products accounted for more than 20% of import spending, while vehicles made up 10-15%. Road transport carried about 77% of exports, 55% of imports, and rail carried 36% of imports.
Coverage:
India’s SAIL Tests Mongolian Coking Coal With One-Tonne Air Shipment
Published: 2026-10-02
Steel Authority of India, the state-owned SAIL company, flew a one-tonne sample of coking coal from Mongolia to India in early September to test whether it meets steelmaking requirements, Reuters reported, citing two sources. The trial is part of SAIL’s assessment of Mongolia as a potential new supplier. India imports about 95% of its coking-coal needs, with Australia providing at least half of supply, and is seeking to diversify sources. Any long-term imports from Mongolia will depend on coal quality, transport costs and shipping feasibility. Mongolia’s landlocked position and strained India-China relations complicate logistics, potentially requiring a long route through Russia. India and Mongolia agreed last year to cooperate on supplies of coking coal and copper for Indian companies.
Coverage:
Published: 2026-10-02
Bank of Mongolia purchased 2,029.2 kilograms of precious metals in September, according to the central bank. From the start of 2026 through September, it bought a cumulative 14 tonnes from 110 licensed businesses and 39 individuals authorized to trade precious metals. The bank stated that it determines its precious-metals purchase prices from world-market prices. For September, its average buying price for gold was MNT 501,717.18 per gram. The reported monthly purchase total covers precious metals, while the price figure supplied separately refers specifically to gold. The release identifies the selling groups as licensed companies and individual precious-metal traders.
Coverage:
Infrastructure
Japan Discusses Airport Expansion Loan and Fuel Storage Support
Published: 2026-10-02
During Prime Minister Uchral’s official visit to Japan, Mongolia and Japan discussed a concessional-loan agreement to expand Chinggis Khaan International Airport. The proposed financing carries 1.1 percent interest over 40 years, with principal repayments deferred for the first ten years. The project is planned to raise the airport’s capacity from 1.6 million passengers to 5.2 million annually, adding a cargo terminal and about 81,000 square metres of buildings, utilities and heating networks; completion is projected for 2039. Japan also said it would support construction of petroleum-product storage able to hold roughly one month of Mongolia’s consumption. The Japanese side indicated readiness to open a Japan External Trade Organization representative office in Mongolia to promote exports.
Coverage:
City Sells Briquetted Fuel Through 446 Outlets for the Heating Season
Published: 2026-10-02
Ulaanbaatar began selling briquetted fuel on September 15 through 446 outlets across seven districts, the city’s Air and Environmental Pollution Control Department said. Households obtain it using the Hotula application or by scanning the QR code on a national ID card, with a weekly allocation of seven sacks per household. The city reports 57,000 tons in reserve. Officials said this year’s briquettes are made from washed and enriched thermal coal supplied by Erdenes Tavan Tolgoi JSC. Separately, 5,000 households in Bayangol and Chingeltei districts were connected to gas fuel last year and continue to use it. The 27 gas-fuel sales points serving those households are operating normally.
Coverage:
Planned Mortgage Package Would Raise Rates After Three Years
Published: 2026-10-02
The government and Bank of Mongolia plan to introduce a new mortgage-finance package next year, Finance Minister Z. Mendsaikhan said. Under the proposal, borrowers would pay 6% annual interest for the first three years and 12% for the following seven years. The current programme offers 6% mortgages for terms of up to 25 years, but more than 45,000 applicants are waiting for loans, creating an estimated seven-year queue. The government aims to raise mortgage funding to MNT 1.8 trillion, or about USD 500 million, through international markets. Solongo-1 and Solongo-2 rent-to-own homes are priced at MNT 4.428 million per square metre; a 42-square-metre Solongo-1 unit would cost MNT 185.976 million.
Coverage:
Transport Ministry Urges Drivers to Fit Winter Tires
Published: 2026-10-02
The Ministry of Road and Transport has urged drivers to fit winter tires as colder conditions create icy and slippery roads. It says winter tires provide better grip on snow and ice and can improve a vehicle’s stopping ability on slippery surfaces by 30-40 percent compared with other tire types. Their rough tread and grooves also improve travel on snow-covered roads. Summer tires have limited cold resistance and may freeze or slip in low temperatures, increasing conditions associated with traffic crashes, the ministry said. The advice comes as temperatures fall and road surfaces become hazardous. Drivers are being asked to prepare vehicles for winter and use greater caution in traffic to reduce risks to people and property.
Coverage:
Nisekh-Nukht Road Project Continues After Missed Opening Date
Published: 2026-10-02
Construction continues on a four-lane, two-kilometer road linking the Nisekh road with the Nukht road via the Neo City residential complex in Khan-Uul District. Work began in April on Archivists Street and includes earthworks, excavation, drainage-pipe backfilling and transport of material for the upper embankment layer. The city road fund approved MNT 11.7 billion for the project, which is intended to connect Archivists Street, the roundabout and Naadamchdyn Square Street to the Nukht road. The project had previously been expected to open on August 30. The Western Region Road Repair and Maintenance Agency, selected as contractor, apologized to nearby residents for delays affecting travel and comfort and said it would accelerate work under approved designs, standards and technical requirements.
Coverage:
Pedestrian Overpass Near School No. 126 Set for Completion This Year
Published: 2026-10-02
Ulaanbaatar plans to put a pedestrian overpass near School No. 126 in Bayanzurkh District into service this year. It is one of three crossings planned at crash-prone, or “black spot,” locations identified by district traffic police along the 20.9-kilometer road between the Gachuurt and Nalaikh-Choir junctions. The School No. 126 structure is planned at 3.2 meters high, with eight supports, stairs, an accessible ramp, lighting and surfaces intended to prevent winter slipping. Mayor B. Purevdavaa said city authorities would provide additional budget support and directed that construction be completed this year. MNT 5.7 billion from the city road fund has been approved for crossings at the Bayanzurkh checkpoint, School No. 126 and behind the Emiin Urgamal bus stop.
Coverage:
Society
Drivers Protest Fuel Shortages and Rising Costs in Central Ulaanbaatar
Published: 2026-10-02
Drivers held a vehicle protest around Sukhbaatar Square in Ulaanbaatar on October 1, citing fuel shortages, rising prices and wider household financial pressures. Participants blocked the Central Post Office intersection after gathering from about 10 a.m., causing heavy traffic congestion in the city center. Police later required the road to be cleared, ending the blockade at about 11 p.m. Reports said protesters described long waits at filling stations and disruption to delivery work, transport services and small businesses. Some participants also raised concerns about inflation, taxes and debt. The demonstration followed renewed shortages after fuel supplies fell during the summer. Several members of parliament met protesters, while reports differed over whether national or government officials directly addressed the crowd during the event.
Coverage:
Authorities Detain Suspects in Cross-Border Drug Smuggling Investigation
Published: 2026-10-02
Authorities are investigating a Nigerien national, identified only as I, and others suspected of smuggling a large quantity of psychotropic drugs across Mongolia’s border. During an inspection on September 16, agencies seized 1 kilogram and 35 grams of a substance known locally as ice. Authorities estimate the amount could equal about 10,000 single uses. The suspects have been placed in pretrial detention while the investigation continues. Under Article 20.7 of Mongolia’s Criminal Code, illegally importing narcotic or psychotropic substances can carry a prison term of five to 12 years. Police warned the public not to participate in the unlawful purchase, sale, transport, transfer or cross-border movement of narcotic drugs and psychotropic substances.
Coverage:
Ulaanbaatar Launches Heating-Season Fire and Carbon-Monoxide Safety Campaign
Published: 2026-10-02
Ulaanbaatar has launched the “Reduce Risks, Ensure Safety” campaign for ger-district households, running through November 20, to prevent fires and carbon-monoxide poisoning during the heating season. About 2,500 fires were recorded in the city in 2025; officials attributed 27 percent to electrical installations and 63 percent to carelessness. The city says roughly 5,000 households, representing about 20,000 people, are switching to gas heating this season, increasing the need for safety precautions. Officials also report more fires at waste sites, linked to discarded cigarette butts and hot ash. Residents are advised not to overload sockets or electric heaters, inspect stoves and chimneys, ventilate rooms, and check carbon-monoxide detectors. Thirteen AI-enabled cameras now monitor fire and smoke across the capital, including Bagakhangai, Baganuur and Nalaikh.
Coverage:
Environment
Snow and Strong Winds Forecast for Mountain and Gobi Areas
Published: 2026-10-02
Rain, wet snow and snow were forecast for October 2 in the Khangai Mountains and northern and eastern parts of the Gobi, with reduced visibility and slippery conditions expected on roads and mountain passes. Precipitation of 0.0 to 7.0 millimeters was forecast across most soums of Arkhangai, Ovorkhangai and Umnugovi, as well as parts of Khuvsgul, Bulgan, Dundgovi and Dornogovi. Winds could reach 16 to 18 meters per second in the Altai Mountains and Gobi, with dust storms possible. Ulaanbaatar was forecast to remain cloudy and dry, with daytime temperatures of 9 to 11 degrees Celsius. The meteorological agency said October overall may be warmer than average in much of the country but could bring sharp temperature changes, strong winds and occasional snow.
Coverage:
Records Link 12 Companies to Gatsuurt Owner in Wheat Subsidy Review
Published: 2026-10-02
A parliamentary oversight hearing disclosed that 13 companies with a common owner received MNT 18 billion in wheat incentives. The source also reported a public claim that 13 companies linked to Gatsuurt LLC owner L. Chinbat had received MNT 18 billion in concessional loans. Reporting based on company records from Opendatalab.mn and Shilen.gov.mn found that 12 firms were registered to Chinbat or people connected to his wife and children. Chinbat is listed as a principal or joint owner of eight companies. Experts told the September 28 hearing that MNT 279.9 billion in wheat incentives had been paid to 11,829 individuals and entities between 2008 and 2025; 54 entities received MNT 100 billion, or 35.8% of the total. Records reviewed did not show the full amount of other loans and support received during 2018-25.
Coverage:
Wheat and Potato Harvests Outpace Last Year’s Rate
Published: 2026-10-02
Harvesting was under way nationwide as of last Tuesday, according to the Ministry of Food, Agriculture and Light Industry. Farmers had swathed 24,400 hectares and harvested 185,900 tonnes of grain from 102,700 hectares, along with 99,800 tonnes of potatoes from 7,300 hectares. About 183,000 tonnes of vegetables, animal feed and oil crops were also collected from roughly 40,000 hectares. Wheat harvesting covered 27,200 more hectares than at the same point last year, while oil-crop harvesting was 113.8 hectares lower. The campaign is using 951 combine harvesters, 1,058 grain-cleaning machines and 453 potato and vegetable harvesters; available capacity could finish grain harvesting in 26 to 30 days. Preliminary estimates project 555,300 tonnes of grain, 168,200 tonnes of potatoes and 218,400 tonnes of vegetables this autumn.
Coverage:
Innovation
Cybersecurity Index Lifts the Country 75 Places in Four Years
Published: 2026-10-02
The National Cyber Security Council said the country has climbed 75 places in the National Cyber Security Index (NCSI) over four years. Mongolia’s score rose from 18.18 points and 137th place in 2022 to 69.17 points and 62nd place in 2026, an increase of about 51 points. According to the council, the gain was influenced by improvements to cybersecurity policy and regulation, stronger national systems for responding to cyberattacks and incidents, increased protection of information infrastructure, and work on sector staffing and education. The NCSI is an international cybersecurity assessment. The council reported that the changes in score and ranking occurred during the four-year period.
Coverage:
Health
ADB-Backed Project Plans Regional Hospital and Emergency Care Upgrades
Published: 2026-10-02
The government has signed a loan agreement for a USD 225 million Asian Development Bank project to improve health services outside Ulaanbaatar. The Regional Health Care Improvement and Intensification Project will strengthen health institutions in all 19 provinces and upgrade provincial general hospitals in phases, including emergency, intensive-care and surgical services. Plans include renovating health centers in 11 remote and border soums, improving their equipment and vehicle supply, and building a 300-bed model general hospital in Ovorkhangai Province. Other reports on the agreement describe one new provincial central hospital, three provincial hospital expansions, upgrades to emergency, intensive-care and surgical units at 13 sites, and new health centers at seven border crossings. The project also includes a unified digital referral network to improve information-sharing, diagnosis and treatment coordination between facilities.
Coverage:
Excise Tax on Sweetened Drinks and Flavored Water Takes Effect in 2027
Published: 2026-10-02
An excise tax on drinks and water containing added sugar or sugar substitutes will take effect on January 1, 2027 under amendments to the Excise Tax Law. The measure applies to sweetened carbonated and non-carbonated drinks, flavored waters, fruit-flavored waters, and products marketed as sugar-free that use sweeteners such as aspartame, stevia or sucralose. Plain bottled drinking or mineral water, as well as unflavored carbonated water without sugar or sweeteners, will remain exempt. The delayed start is intended to give domestic producers and importers time to prepare for the new tax environment and assess product formulations. The policy is intended to reduce consumption of sweetened beverages and address health risks associated with diabetes, obesity, dental decay and cardiovascular disease.
Coverage:
Health Ministry Plans Staffing Overhaul at Major State Hospitals
Published: 2026-10-02
Health Minister E. Batshugar said the Health Ministry has formed a working group to revise staffing at major referral hospitals, beginning with eliminating duplicated posts and reducing excessive administrative and support roles. He cited a World Health Organization benchmark under which clinical personnel such as doctors and nurses account for 60 percent of hospital staff, while administrative and support workers make up the remaining 40 percent. Some hospitals have the opposite balance, he said. The ministry intends to update staffing standards adopted in 2013 and later apply the approach to district and family health clinics. Batshugar also said Mongolia has approximately one nurse per doctor, compared with an international ratio of three to four nurses per doctor, and plans to open a Nursing Development Center by the end of October.
Coverage:
Preventive Health Screenings Begin for 265,958 Children
Published: 2026-10-02
School- and kindergarten-based preventive health checks began nationwide on October 1 and will continue through December 1. The program is expected to cover 265,958 children aged three, six, 11 and 15: middle-kindergarten groups and students in grades 1, 6 and 10. In Ulaanbaatar, participation requires consent from a parent or guardian, who will receive information on the purpose, examinations, possible risks, providers and data protection, then complete a short health questionnaire. Examinations will assess growth, development, developmental delay and risk factors, including general physical indicators, anemia, ear, nose, throat, respiratory, digestive and oral health. Age-specific checks may also cover cardiovascular health, spinal curvature, flat feet and psychological assessment. Families will receive findings and recommendations.
Coverage:
Budget Revision Redirects Hospital Funds to Staff Pay, Heating and Cancer Care
Published: 2026-10-02
A parliamentary committee backed cutting 6 billion tugriks from a planned 25 billion tugriks allocation for construction of two hospital buildings, according to MP J. Chinburen. The projects cannot be fully completed this year, and Mongolia and South Korea signed documents during the South Korean president’s visit to pursue further construction financing through the Export-Import Bank of Korea. More than 1.6 billion tugriks from the reallocated funds is earmarked to convert the National Center for Mental Health in Ulaanbaatar from coal heating to a gas boiler system. The revision would also fund salaries for more than 300 health-sector workers outside performance-based financing and cover a projected November funding gap for costly targeted and immunotherapy cancer treatments.
Coverage: