Mongolia News Summary for December 18, 2024

The following news articles are the opinions of their authors and publications. They are presented here as translations for informational purposes and do not necessarily represent the opinion of MongolBeat or its members.

Today's Stories

Politics

• S. Amarsaikhan: The proposal to postpone the temporary free trade agreement with the Eurasian Economic Union will be resolved at the government meeting
• The Mayor of the City is Visiting Japan During the Controversy of Ulaanbaatar
• MPRP Appoints at Erdenes Tavantolgoi, DP at Erdenet Plant
• The Government Monitoring Agency Plans to Collaborate with the Mongolian Bar Association
• SOS: Angels of Death for Ordinary Citizens or Politicians' Profitable Business!

Economy

• Export increased by 5.7%, import by 26.2%
• Trafigura's Profit Drops by 62% Due to Issues in Mongolia
• Mongolia's Foreign Debt Rises by 7% Over the Year, Reaching $35 Billion
• Tögrög's Monthly Average Exchange Rate Against USD, Ruble, Euro, and Yuan
• Consumer Goods and Services Prices Increased by 8.1%, Inflation Rose by 1.7%
• VAT Revenue Share in Taxes Decreased
• Bank of Mongolia's Governor Attends Asia-Pacific Development Finance Consultation Meeting
• NSO: Coal prices down $24.2 per ton, gold up $407.9
• Labor Productivity in Mongolia is 3.6 Times Lower Than the Global Average
• Nexia Global Mongolia Audit LLC Recognized as One of the Best Auditing Companies of 2024
• Tranched-2 Offering of USD Green Bonds with Highest Validation to Begin Soon
• MIRA Represented Mongolia for the First Time at the Asian Rating Agencies Forum
• Money supply increases by 6.1 trillion togrogs, inflation reaches 8.1%
• Mongolia's Social and Economic Indicators for the First 11 Months of 2024
• NSO: Consumer Goods and Services Prices Increased by 8.1%
• Government Budget Expenditure Increased by ₮6 Trillion in the First 11 Months of This Year Compared to the Same Period Last Year
• Mining and Extractive Industry Production Rises in 2024
• L. Enkh-Amgalan: 30-40 Thousand Job Positions Are Vacant Due to Low Wages

Diplomacy

• Ambassador N. Enkhbold Presented Credentials to Chinese President Xi Jinping
• Expanding Cooperation with India in Culture, Sports, Tourism, and Youth Development
• Electronic Visas Issued to 88,794 Foreign Nationals in the First 11 Months of This Year

Infrastructure

• Discussed Making Ulaanbaatar a Livable City
• Building Ponds to Enhance Water Supply for Livestock and Agriculture and Provide Protection Against Floods
• Members of Parliament examine the administration responsible for the development of the "New Kharkhorum" city

Society

• "Erdenet" Corporation's New Appointments

Environment

• The Capital Cannot Reduce Air Pollution Alone, So Re-establish the National Committee for Air Pollution Control, He Said
• Immediate Action by the Special Commission on Air Pollution
• NEMA: Sulfur Dioxide Content Exceeds Permissible Levels by 12.5 Times
• Global Experience in Combating Air Pollution
• The National Emergency Commission is Meeting on Air Pollution
• The State Emergency Commission is urgently meeting regarding the issue of smoke
• VIDEO: Air pollution reaches extremely high levels around Khailaast, Sharkhad, and Nalaikh
• T. Bayarkhuu: Improved briquettes will be analyzed by an external organization to ensure they meet requirements
• Processed Fuel to be Analyzed in Foreign Laboratory
• Air Pollution in the City Center is 4 Times Above Normal
• President Directives to Reduce Air Pollution
• Tavantolgoi Fuel: Briquettes Fully Meet Standards
• NEMA: Improved Fuel to be Tested in an International Laboratory
• Green Bond Issued for Waste Recycling
• Land with Ecological Corridors Designated for Special Use
• Report: "Help, we're suffocating!"

Innovation

• 5G Driverless Vehicles to Be Tested at Shiveekhuren Port

Health

• Prime Minister to Travel to South Korea for Medical Reasons
• Flu and Cold Incidence Increases by 43%
• Quarantine Established in Bulgan District of Khovd Province Due to Sheep and Goat Plague
• "The Second Cancer Center" is Expected to Open in 4-5 Years, with 17 Billion MNT Allocated to Reduce Hospital Load

Politics

S. Amarsaikhan: The proposal to postpone the temporary free trade agreement with the Eurasian Economic Union will be resolved at the government meeting

Published: 2024-12-17 | Translated from: itoim.mn

Businessmen have requested a meeting with Deputy Prime Minister S. Amarsaikhan regarding the issue of whether to establish a temporary free trade agreement with the Eurasian Economic Union. Accepting their request, S. Amarsaikhan, Deputy Prime Minister of Mongolia and the chairman of the Mongolian side of the intergovernmental commission between Mongolia and the Russian Federation, met with the businessmen today and listened to their opinions. In regards to the temporary free trade agreement, Deputy Prime Minister S. Amarsaikhan expressed his wish at the beginning of the meeting for mid-level government officials to properly inform businesses and gather their opinions, as there was a misunderstanding that higher-level leaders had already obtained these views. Deputy Prime Minister S. Amarsaikhan stated, "The issue of agreements is not unique to our country. Many countries have faced this. In doing so, nations distinguish themselves by what policies and measures they employ to support their domestic markets and businesses. Therefore, it is necessary to at least create a favorable tax environment for domestic enterprises. Moreover, it is important to understand geopolitical issues and approach them seriously. It is also essential to ensure consumer rights. I understand very well that it's not about the interests of the state or private sector, but about Mongolia's interests." Businessmen expressed their desire to postpone the agreement and handed over their proposals to be included in the temporary agreement, requesting support to make a favorable decision. As the Deputy Prime Minister of Mongolia and the chairman of the Mongolian side of the intergovernmental commission between Mongolia and the Russian Federation, he stated that he would present the businessmen's proposal to postpone the temporary free trade agreement at a government meeting and ensure it is resolved.

Back to Table of Contents

The Mayor of the City is Visiting Japan During the Controversy of Ulaanbaatar

Published: 2024-12-17 | Translated from: ikon.mn

Yesterday, the President of Mongolia, U. Khurelsukh, addressed the pressing issue of air pollution affecting the residents of the capital. The Prime Minister, L. Oyun-Erdene, and the Mayor of the city, H. Nyambaatar, did not participate in this meeting. Meanwhile, Mayor H. Nyambaatar met with the Vice Chairperson for Foreign Affairs of the Japanese Parliament, Akiko Ikuina. Akiko Ikuina, who was a famous singer, actress, and show host in Japan, began her political career in 2016 and was appointed as a member of parliament from the Liberal Democratic Party in 2022. During the 20-minute meeting, Mrs. Akiko Ikuina expressed her delight about the visit of H. Nyambaatar, the Governor of the Capital City and Mayor of Ulaanbaatar, to Japan, and extended her greetings on the centennial of Ulaanbaatar being named as the capital of Mongolia. She also emphasized that the people of Japan will never forget the aid provided by Ulaanbaatar city when a disaster struck the Noto Peninsula on January 1 of this year. Moreover, she praised the many advancements made within the "Special Strategic Partnership for Peace and Development" between the two countries and expressed her belief that Japan will continue this relationship. In response, Mayor H. Nyambaatar expressed gratitude for Japan's many years of help in resolving numerous issues facing Ulaanbaatar city and introduced the works being undertaken by the city. Source: mofa.go.jp Notice: Media organizations (Television, Radio, Social Media, and Websites) must cite the source (ikon.mn) when using our information in any form, either wholly or partially.

Back to Table of Contents

MPRP Appoints at Erdenes Tavantolgoi, DP at Erdenet Plant

Published: 2024-12-17 | Translated from: itoim.mn

The distinguishing feature of the coalition government formed is that parties are appointing individuals to ministries, agencies, and state-owned companies by dividing these roles. The next appointment by the coalition government is expected to be for the directors of state-owned mining companies. The head of the Cabinet Secretariat, N. Uchral, stated during the parliamentary session, "The directors of state-owned companies will be appointed soon." In state-owned mining companies, new positions titled productivity manager and control manager will be established and appointed soon. Although these are new titles, they equate to the positions of chief executive officer and will hold similar financial authority. Currently, Erdenes Tavantolgoi company is operating with an acting CEO. Therefore, there is information that an appointment from the MPRP will be made soon for the company. According to sources, it has been agreed to appoint former parliament member N. Tserenbat as the productivity manager of ETT company. Meanwhile, "Erdenet Plant" has been given to the Democratic Party, and there is information that an appointment will be made from DP to replace the current CEO G. Yondon, who is expected to be appointed as an ambassador. Political circles also report that former President and member of parliament H. Battulga is heavily involved in the appointments at "Erdenet Plant." Since he has been elected from the central district in the parliamentary elections, he is interested in appointing his person at "Erdenet Plant." H. Battulga remains influential and powerful in the DP. In any case, the MPRP and DP are appointing their people to major state-owned mining companies that contribute significantly to the country's main revenue. Past events suggest that "Erdenes Tavantolgoi" and "Erdenet Plant" have been tools for election financing and money laundering by the ruling parties. This time, it remains to be seen how the newly appointed management with new titles will operate these state-owned mining companies.

Back to Table of Contents

The Government Monitoring Agency Plans to Collaborate with the Mongolian Bar Association

Published: 2024-12-17 | Translated from: isee.mn

The Government Monitoring Agency organized a meeting to discuss collaboration with the Mongolian Bar Association. Specifically, the head of the Government Monitoring Agency met with the President of the Mongolian Bar Association, P. Odgerel, Chief of Staff Sh. Jolbars, and members of the association's council including D. Orosoo, B. Battsengel, D. Boldbaatar, G. Khaliun, and S. Erdenesuvd. At the beginning of the meeting, the head of the Government Monitoring Agency, Ch. Önörbayar, expressed gratitude for the attendees' participation. He noted that within the framework of ensuring the implementation of the Government Monitoring Law, they plan to work with the Mongolian Bar Association and professional associations. Their goals include improving the implementation of laws, policies, and resolutions by state organizations and officials, ensuring the interconnection of sectoral work, streamlining unlawful regulations, enhancing governmental productivity, organizing training and discussions, conducting research for improving legislation, and reforming the civil service. P. Odgerel, the President of the Mongolian Bar Association, stated, "The Bar Association currently has over 6,600 members, including judges, prosecutors, lawyers from the public and private sectors. Around 200 programs involving over 80 trainers and researchers are working to create unity in the area of training. Monitoring is a vast and important task. Overseeing the legal implementation by state officials and their service to citizens is challenging. Surveys reveal that governmental and administrative bodies often violate human rights, apply the law inconsistently or not at all, and face widespread bribery and corruption issues. Lawyers are already working to address these issues, and I welcome the opportunity for us to collaborate and raise our voices." Also participating in this meeting were B. Az, Senior Legal Advisor of the Government Monitoring Agency's legal team, G. Büveikhüü, Senior Manager of the Management team, and other leaders. Both parties highlighted the necessity for state organizations to consistently understand and implement the law, uphold the law, organize legal implementation, be guided by the law, and hold everyone accountable for any legal violations.

Back to Table of Contents

SOS: Angels of Death for Ordinary Citizens or Politicians' Profitable Business!

Published: 2024-12-17 | Translated from: news.mn

President U. Khurelsukh has met with the leaders of the political parties and factions in the State Great Khural and directed them to reduce air pollution by half. In a briefing to the press, Minister of Defense S. Byambatsogt relayed the President's remarks, saying, "When the President was Prime Minister in 2019, 2020, and 2021, Ulaanbaatar city was historically smoke-free. We all know the air pollution was halved. He referred to that time when police, professional inspectors, and emergency services closely monitored the situation. A National Committee was set up, and officers observed from the hilltops, watching what households were burning. Why was the General Agency for Specialized Inspection and the National Committee for Improving Air Environment Control dismantled? Why did coordination break down, leading to increased pollution? There was good experience in the past; the regression is related to government work," he said. Instead of watching chimneys from the hilltops, the primary issue is now inspecting the quality and standard of improved fuel. Therefore, the President's directive to halve the smoke is essentially an unrealizable task. If we can't eliminate the smoke entirely, there's no point in fighting it! More than having his portrait hung on the palace walls, U. Khurelsukh's ambition was to have his name immortalized in history by reducing Ulaanbaatar's smoke. However, nowadays, even a stray dog at the outskirts of Ulaanbaatar knows to bark out exactly how much the smoke has worsened. The promise to reduce Ulaanbaatar's air pollution dates back to 2008. The Mongolian government has spent a trillion tugriks on Ulaanbaatar's smoke. Between 2008 and 2016, 550 billion tugriks were burnt away in smoke, as shown by the breakdown: 97.7 billion from the state's current expenditure, 54.9 billion from state investment, 9.4 billion from capital investment by the city. Plus, 2.1 billion tugriks from the Development Fund of Mongolia, 104.7 million dollars in foreign loans, and 48.6 million dollars in grants were spent on the smoke. To tackle Ulaanbaatar's air pollution, the Mongolian Government established the Clean Air Fund, spending 93.4 billion tugriks on its operations between 2011 and 2015. Yet the smoke was not eliminated, instead growing thicker and more toxic. From 2017 to 2020, 456.1 billion was spent, and in the past three years alone, the state budget burned through 30 billion in 2021, 32 billion in 2022, and 39 billion in 2023 on Ulaanbaatar's smoke. In recent years, the money taken from the budget for reducing Ulaanbaatar's smoke no longer appears in the transparent ledgers. What this means is that making money from smoke has become political. Even children and the elderly can no longer be deceived by the promises to fight the smoke. Just as winter inevitably brings cold, so cold inevitably brings the smoke, and with smoke comes sickness. When snow piles up, evil men gather wealth; similar to that saying, medicine and medical business dealers profit. Looking at Mongolia's saga of dragging on smoke, Ulaanbaatar's air pollution remains a cash cow for a few political-business groups. Even now, City Mayor Kh. Nyambaatar has no new idea or effective policy other than distributing stoves and sweeping chimneys. Distributing stoves creates smoke upfront and launders money behind. Chimney sweeping, too, has become a "red-eye, white-money" project for politicians. It’s hard to say how many lives have been lost to smoke-induced cancer, pneumonia, and cardiovascular diseases. But the main truth is, as Ulaanbaatar citizens' right to life diminishes, politicians' corruption and theft significantly increase. Simple citizens die unable to afford hospital care while politicians indulge in theft and fraud counted in trillions. This is the truth. While countries around the world conquer outer space, nearing the possibility of building cities on the moon, where artificial intelligence becomes their routine achievement, Ulaanbaatar is named the dirtiest, most polluted city in the world—a choking reality. Successive State Great Khurals, governments, and Ulaanbaatar city administrations share in this blame. For politicians, smoke is a lucrative business; for ordinary citizens, it is a death threat.

Back to Table of Contents

Economy

Export increased by 5.7%, import by 26.2%

Published: 2024-12-17 | Translated from: montsame.mn

According to the social and economic statistics of Mongolia for the first 11 months, the foreign trade balance is estimated to have a surplus of 4.0 billion U.S. dollars. In the first 11 months of 2024, exports reached 14.6 billion U.S. dollars, an increase of 781.7 million U.S. dollars or 5.7% compared to the same period last year. Meanwhile, in the first 11 months of 2024, imports reached 10.6 billion U.S. dollars, an increase of 2.2 billion U.S. dollars or 26.2% compared to the same period last year. The export structure is as follows: - 87.2% from mineral products (copper, gold, coal) - 5.9% from precious stones, metals, and jewelry - 2.7% from textile products The import structure is as follows: - 21.4% from transport vehicles and their parts - 21.3% from cars, machinery, and equipment - 20.8% from mineral products - 8.5% from basic metals and their products - 7.4% from finished food products 70.8% of the products imported from Russia are petroleum products. 77.5% of Japan's imports are passenger cars. Regarding the foreign trade import structure, 40.5% is from China, 24% from Russia, 10.4% from Japan, 4.5% from the USA, 4.2% from South Korea, and 2.1% from Germany, totaling 85.8% of the total imports.

Back to Table of Contents

Trafigura's Profit Drops by 62% Due to Issues in Mongolia

Published: 2024-12-17 | Translated from: itoim.mn

Trafigura Group has seen a sharp drop in profits due to a $1.1 billion loss caused by the wrongdoing of employees involved in its oil business in Mongolia. The company recorded a net profit of $2.8 billion for the 2024 financial year, which is a 62% decrease from the previous year, marking it as the lowest performance in the past four years. The company also suffered a $297 million loss from its zinc smelting business "Nyrstar" and experienced a decline in revenue from its retail fuel business "Puma Energy" and its logistics operations in Colombia. Bloomberg first reported in February that Trafigura had incurred significant losses from its Mongolian oil business. In October, the company announced that it had discovered the misconduct of its employees and planned to claim $1.1 billion in compensation. Chief Financial Officer Stephan Jansen described the losses in Mongolia as a huge issue. Trafigura paid $2 billion in dividends this year, which is a 66% decrease from the previous year. Trafigura's assets stood at $16.3 billion, slightly reduced from $16.5 billion the previous year. Source: Bloomberg

Back to Table of Contents

Mongolia's Foreign Debt Rises by 7% Over the Year, Reaching $35 Billion

Published: 2024-12-17 | Translated from: isee.mn

The National Statistical Committee of Mongolia presented the socio-economic indicators for the first 11 months of 2024. G. Munkh-Orgil, Head of the Price Statistics Department of the National Statistical Committee, stated that according to debt statistics, the country's total foreign debt reached 35.6 billion USD in the first nine months of 2024. This represents an increase of 2.4 billion USD compared to the same period of the previous year, and an increase of 772.0 million USD compared to the previous quarter. The growth in the country's total foreign debt in the first nine months of 2024 compared to the same period of the previous year was influenced by a 2.4 billion USD (16.6%) increase in direct investment and intercompany loans. Meanwhile, the Central Bank's foreign debt decreased by 813.2 million USD (41.5%). Of the total foreign debt, 16.7 billion USD (46.7%) is from direct investment and intercompany loans, 7.8 billion USD (21.9%) is from the government's debt, 2.0 billion USD (5.6%) is from savings institutions other than the Central Bank, 1.1 billion USD (3.2%) is from the Central Bank, and 8.0 billion USD (22.5%) is from other sectors.

Back to Table of Contents

Tögrög's Monthly Average Exchange Rate Against USD, Ruble, Euro, and Yuan

Published: 2024-12-17 | Translated from: montsame.mn

According to the Bank of Mongolia, the monthly average exchange rate of the tögrög against the US dollar was 3412.77 tögrög in November 2024. This indicates an increase of 27.9 tögrög compared to the same period in 2023, but a decrease of 20.8 tögrög compared to October of this year. In addition, the monthly average exchange rate of the tögrög against the euro was 3630.56 tögrög in November 2024. This shows an increase of 87.8 tögrög from the same period in 2023 and an increase of 67.9 tögrög compared to October of this year. Meanwhile, the monthly average exchange rate of the tögrög against the ruble was 33.98 tögrög in November 2024, showing an increase of 4.2 tögrög compared to the same period in 2023 and an increase of 1.2 tögrög compared to October of this year. Furthermore, the monthly average exchange rate of the tögrög against the yuan was 473.64 tögrög in November 2024, which is an increase of 2.6 tögrög from the same period in 2023 and an increase of 4.9 tögrög compared to October of this year.

Back to Table of Contents

Consumer Goods and Services Prices Increased by 8.1%, Inflation Rose by 1.7%

Published: 2024-12-17 | Translated from: isee.mn

The National Statistics Office of Mongolia presented the socio-economic indicators for the first 11 months of 2024. The head of the Price Statistics Division of the National Statistics Office, G. Munkh-Orghil, stated that the price of consumer goods and services increased by 8.1% nationwide in November 2024 compared to the same period last year, by 7.7% compared to the end of last year, and by 1.7% compared to the previous month. Furthermore, the commodity group prices in the Khangai region increased by 7.2%, service group prices in the Western region increased by 21.4%, food group prices in the Khangai and Central regions increased by 9.1%, and non-food group prices in the Western region increased by 9.5%, which were the highest rises observed.

Back to Table of Contents

VAT Revenue Share in Taxes Decreased

Published: 2024-12-17 | Translated from: montsame.mn

Ulaanbaatar /MONTSAME/. Today, the National Statistics Office presented the social and economic statistics for the first 11 months of Mongolia. G. Munkh-Orkhil, the head of the Price Statistics Department of the NSO, reported that the balance of payments for the first 10 months of 2024 showed a preliminary deficit of 257.4 million USD. The current account, which had a surplus of 289.3 million USD in the first 10 months of 2023, had a preliminary deficit of 1.5 billion USD in the first 10 months of this year. The main reasons for the deficit in the current account balance were a drop in the goods trade surplus to 2.6 billion USD, a decrease of 1.2 billion USD compared to the same period last year, a service balance deficit of 2.3 billion USD, an increase of 149.3 million USD from the same period last year, and a primary income account deficit of 2.3 billion USD, which increased by 534.2 million USD from the same period last year. The total revenue and grants of the state consolidated budget reached 27.8 trillion Mongolian Tugriks as of the preliminary performance of November this year. This amount is 28.7% higher than that of the same period last year, an increase of 6.2 trillion Tugriks, and the balanced revenue and grant amount reached 26.1 trillion Tugriks, increasing by 5.4 trillion Tugriks (26.0%). When looking at the structure of the revenue: 32.3% of the total tax revenue is from income tax, 21.2% from VAT, 17.0% from social insurance income, 6.7% from foreign operations income, 4.2% from excise duty income, and 18.6% from other types of taxes, fees, and charges. It can be seen from this that the VAT revenue share in the total tax revenue has decreased.

Back to Table of Contents

Bank of Mongolia's Governor Attends Asia-Pacific Development Finance Consultation Meeting

Published: 2024-12-17 | Translated from: ikon.mn

The Governor of the Bank of Mongolia is participating in the Regional High-level Consultation Meeting on Development Finance in Asia and the Pacific, taking place in Bangkok, the capital of the Kingdom of Thailand. Alongside him are Ambassador A. Tömör, the Permanent Representative of Mongolia to the United Nations Economic and Social Commission for Asia and the Pacific, and other delegates. This high-level regional consultation meeting is organized as part of the preparatory work for the 4th International Conference on Development Finance, which will be held in Seville, Spain. At the beginning of the meeting, Governor B. Lkhagvasüren of the Bank of Mongolia participated as a panelist in a high-level discussion on "The Future of Development Finance in the Asia-Pacific Region" and delivered remarks. Additionally, Ambassador A. Tömör was elected as the Deputy Chairperson of this regional consultation meeting and presided over the first session. The consultation meeting is attended by Governors of member states' central banks, sector ministers, senior officials from relevant ministries, financial market regulators, representatives of international development banks in the region, private sector, civil society organizations, research centers, and representatives of UN specialized agencies, exchanging views on issues of development finance. The report containing the Chair's conclusions of this consultation meeting will be presented at the 4th International Conference on Development Finance. Source: Bank of Mongolia Note: Media organizations (Television, Radio, Social and Websites) are reminded to always cite the source as ikon.mn if they use any part or whole of our information.

Back to Table of Contents

NSO: Coal prices down $24.2 per ton, gold up $407.9

Published: 2024-12-17 | Translated from: gogo.mn

G. Munkh-Orgil, the head of the Price Statistics Department of the NSO, is presenting the socio-economic indicators of Mongolia. Regarding the average frontier prices in November, the price of gold has increased by $409.7 per troy ounce, copper ore concentrate by $195.4 per ton, and iron ore concentrate by $4.2 per ton. In contrast, the price of coal has decreased by $24.2 per ton.

Back to Table of Contents

Labor Productivity in Mongolia is 3.6 Times Lower Than the Global Average

Published: 2024-12-17 | Translated from: gogo.mn

The Ministry of Family, Labor, and Social Protection, together with the Asian Productivity Organization and the Mongolian Productivity Association, organized the PRODUCTIVITY REVOLUTION conference, defining the concept of national productivity and aiming to invigorate the productivity movement at the national level. As of now, the average labor productivity in Mongolia is 3.6 times lower than the global average, and 5.4 times lower than that of South Korea. There is a direct correlation between labor productivity and wages. In our country, the mining and information technology sectors have the highest productivity and wages. Therefore, policies, regulations, and measures will be planned and implemented to increase productivity at all levels of both the public and private sectors. Plans are in place to support intellectual labor, increase remote working opportunities, and annually raise the productivity and wages of Mongolian workers. Additionally, efforts will be made to create decent work environments that adhere to safety standards at all levels and to establish a productivity ecosystem. Source: Ministry of Family, Labor, and Social Protection.

Back to Table of Contents

Nexia Global Mongolia Audit LLC Recognized as One of the Best Auditing Companies of 2024

Published: 2024-12-17 | Translated from: ikon.mn

We had a conversation with E. Bulgan, the CEO of "Nexia Global Mongolia Audit" LLC, who holds ACCA, CPA, and CPTA qualifications. - The ceremony celebrating the best financiers of 2024 was recently held. Congratulations on your company being recognized as the “Best Auditing Company for Job Creation"... - Thank you. We are delighted to have received this prestigious award from the "Institute of Certified Accountants of Mongolia" on the occasion of the 113th anniversary of the establishment of modern financial services in Mongolia and the Day of Accountants, Finance and Economic Workers. It was a wonderful event recognizing the activity, hard work, and participation of all our team members. - I understand your company is a member of the international auditing company Nexia International. There are no other branches of your company in Mongolia, correct? - Nexia International is based in London and operates in over 125 countries with more than 790 offices worldwide, ranking in the top 8 globally. Our "Nexia Global Mongolia Audit" is the only member firm in Mongolia. Our company has consistently ranked in the top 10 for its scale in the audit field in Mongolia in recent years. - Is obtaining international certification challenging? - Meeting international standards is no easy task. A company is granted a license after passing the quality control examination of an international organization and simultaneously meeting various criteria. They particularly focus on the experience and capability of internationally recognized professionals within the company, as well as the professional ethics of the founders of the organization seeking certification. Even if a company has excellent professionals, if it does not adhere to professional ethics, it is not granted certification. - Are many auditing companies in Mongolia internationally certified? - According to recent figures, out of over 180 auditing companies operating in Mongolia, only about 10 are internationally certified. - I noticed abbreviations like ACCA, CPA, CPTA after your name. What do they stand for? - These are the professional titles of accountants working in our field, akin to military personnel with many stars on their shoulders (laughs). For example, ACCA stands for the Association of Chartered Certified Accountants, a large organization with a history of 113 years, and indicates that one has passed its exams and is recognized as a member. After passing 14 types of professional exams, one earns the ACCA title, which opens the door to work in 179 countries worldwide in this profession. In this context, our company has become a "Gold" level employer recognized by ACCA. Our company likely leads among peers for the number of employees accredited internationally and those aiming to achieve international certification. - There are numerous auditing companies operating in Mongolia. If choosing one for a financial audit, what criteria should be considered? - Let me try to explain it simply and clearly. If you think of auditors as doctors, you could say we are the diagnostic specialists in the financial sector. A good diagnostic doctor needs to be skilled, experienced, and uphold the highest professional ethics. Naturally, the service fee for such an excellent diagnostic doctor will be high. Conversely, if you get services from a poor diagnostic doctor, you might not only fail to get the right diagnosis but might receive improper treatment, which could harm your health, mind, and finances. Similarly, choosing an incompetent auditing company or one operating unethically can lead to significant damage from financial fraud, misrepresentation, and corruption. There are many real examples of this. - You've mentioned professional ethics quite a bit. Is there a code of ethics that auditors follow? If so, what does it include? - We auditors operate under laws, responsibilities, international standards and procedures, and a strict code of professional ethics. In some ways, it might be stricter than some other professions. For instance, an auditing company should conduct its auditing activities independently. It is crucial to audit conducted independently from the executive management of the client organization, following designated legal procedures and standards to provide an honest assessment. - I understand from your talk about the negative consequences of non-professional and unethical auditing organizations. I’ve also read real examples... - There are many real examples both in Mongolia and worldwide, which you likely already know. Here, let me mention a few real examples that were covered in credible international media. In 2001, Enron, the largest energy company in the USA, went bankrupt, resulting in an 11 billion USD loss for investors. It was found that Enron had colluded with its auditing company, and Arthur Andersen, one of the top five auditing firms, also went bankrupt due to this case. In Germany, Wirecard, a financial technology company, was found to have falsely reported 2 billion Euros. Despite being audited for years by one of the world's big four auditing companies, this discrepancy was not detected, leading to the suspension of the company's right to audit open companies in Germany for two years. In China, the large real estate company Evergrande falsely inflated its earnings by 78 billion USD and subsequently went bankrupt. The auditing company, again one of the big four, failed to detect this and consequently lost its right to conduct audits in China for six months and faced substantial fines. Recently, in Vietnam, a 68-year-old billionaire committed the country’s largest financial fraud by extracting a total of 44 billion USD from banks over ten years through his front companies. Although one of the big four auditing companies was alternating the financial audit of the bank implicated in this case, they failed to uncover this enormous scheme. The billionaire found guilty is now facing the death penalty, as reported by the media. These cases highlight the importance of improving the effectiveness of audit control systems, increasing financial transparency, and the critical importance of professional ethics. These are publicly available reports. - There are some Mongolian companies connected to international auditing companies. I have read international news about the head companies being involved in unethical activities and frauds. Locally, however, people often seek services just because of the name's global reputation... - It would be inappropriate to name specific companies involved in similar operations from an ethical standpoint. Generally, I would not deny your question. There are companies whose parent companies have made mistakes and caused scandals. People, due to a lack of information or because of the international tag, sometimes value these companies and cooperate with them. - With so many auditing companies operating in Mongolia, it must be challenging to compete in a small market. For instance, I hear companies with state participation call for tenders when seeking audits. How often do you get to participate in these tenders? It seems like the requirements make it impossible for many companies to participate... - I agree. Whether intentionally or not, they sometimes set strange requirements that make it seem like no companies can meet the criteria, and it might appear that these criteria are specially prepared for a company they want to support. Many companies want to participate, but due to heightened requirements, they might hesitate to apply or participate in the tender. - Which companies and enterprises in Mongolia does your company provide auditing services to? - I would like to take this opportunity to thank all our clients and customers who have chosen our company for auditing services. As the year is nearing its end, we have provided services to numerous companies and organizations from all sectors operating in Mongolia. As an auditing company with a young workforce, we aim to audit newly emerging, rapidly developing sectors with complex financial records. Examples include the banking, insurance, and securities sectors. We are collaborating with most companies in the insurance sector and implementing the new IFRS 17 standard. - Since the Parliament is discussing Mongolia’s budget for 2025 at this time, let me ask a related question. What role and participation do you see for auditing organizations in Mongolia's economic and budgetary transparency and future outlook? - I would like to emphasize that auditing organizations play a very important role. They ensure transparency by monitoring and evaluating budget expenditures and cash flows, provide assurance that financial statements are accurate and reliable, support responsible implementation of state expenses and investments, provide recommendations, and offer important information needed for investment decisions. The Prime Minister of Mongolia announced that a new 30-year development has begun, with the joint government's biggest goal being the implementation of 14 mega projects. Audit activities are important in helping successfully implement these projects, supporting policy decisions aimed at economic growth and development, and ensuring economic stability. - Who audits the auditing organizations? They don't audit themselves, right... - Auditing companies are subject to annual audits of their financial statements by independent auditing organizations. As for inspections, since we provide our auditing activities under a special license, we undergo extensive external control and inspection. Domestically, we participate in scheduled inspections organized every two years by the Ministry of Finance of Mongolia and the Institute of Certified Accountants and receive evaluations. Meanwhile, our head company Nexia International annually conducts scheduled internal quality control and inspections for member organizations. For example, recently, an auditor from London worked on-site at our office performing an internal quality control. This is to verify that the organization is following the laws, rules, standards, and maintaining ethical standards during the provision of audit services.

Back to Table of Contents

Tranched-2 Offering of USD Green Bonds with Highest Validation to Begin Soon

Published: 2024-12-17 | Translated from: ikon.mn

TML Plastic Company, a leader in recycling plastic waste from beverage containers that significantly impacts environmental pollution, recently offered its first USD green bonds in Mongolia’s stock market. This initiative was rated 'Excellent' by international organization Sustainable Fitch in October. The Tranched-2 offering of this Green Bond program will be open for orders through the Mongolia Stock Exchange from December 20, 2024, to December 26, 2024. Advantages of the Green Bond: - It is Mongolia's first green bond rated 'EXCELLENT' by Sustainable Fitch. - It has collateral that is 2.1 times the value of the securities. - Investors can achieve returns that are 6-7 percentage points higher than the average interest rate announced by commercial banks for USD deposits. - Bond interest is paid semiannually, allowing reinvestment to increase the level of real returns. - Unlike investment bonds and deposit interest that are taxed at 10%, interest income from publicly offered bonds incurs a 5% tax, thus increasing the level of real returns. By investing in this security, in addition to the aforementioned opportunities, you will contribute to efforts to reduce urgent environmental pollution issues in Mongolia. Dear investors, join us in being part of an environmentally friendly initiative. This is not just a bond, it’s a GREEN FUTURE. Contact for investment advisory: - 7010-0261 - 8810-9359 - 8808-8704 - 9905-5592 Warning: Media organizations (TV, Radio, Social Media, and Websites) must cite their source as (ikon.mn) when using our information, whether in full or in part.

Back to Table of Contents

MIRA Represented Mongolia for the First Time at the Asian Rating Agencies Forum

Published: 2024-12-17 | Translated from: ikon.mn

The 24th forum of the Asian Credit Rating Agencies Association was held in Ho Chi Minh City, Vietnam. This year's forum was organized under the topic "Current Conditions of the Bond Market." Representatives from 21 rating agencies of 14 Asian countries, including Mongolia, China, India, Japan, and Indonesia, participated in the forum, exchanging experiences and discussing potential areas for future collaboration. Following the financial crisis of 1997, Asian governments aimed to develop financial markets, establish diversified financial systems, and reduce excessive reliance on banks by creating credit rating agencies. Policy measures to support bond markets and credit rating agencies were implemented, playing a vital role in developing capital markets, increasing financing diversification, and reducing economic dependence on banks. As of 2023, the total bond issuance in domestic markets, measured as a percentage of GDP, stands at 37.6% in China, 49.9% in Hong Kong, 70% in Taiwan, 16% in India, 60% in Thailand, while in Mongolia, it accounts for only 2%. Representatives from Mongolia's Investment Rating Agency LLC (MIRA), who participated in the forum, highlighted MIRA's contribution to developing Mongolia's financial market and integrating with the Asian economy. As the main partner organization of member countries of the Asian Credit Rating Agencies Association (ACRAA) in Mongolia, MIRA emphasized the importance of introducing good practices from other countries to promote capital market development in Mongolia. The Asian Credit Rating Agencies Association was established in 2001 as a key platform for member rating agencies to share experiences and support mutual development. Mongolia's Investment Rating Agency LLC is a licensed organization by the Financial Regulatory Commission to conduct credit rating operations. With a domestic credit rating, an organization can issue secured or unsecured bonds on the Mongolian Stock Exchange and over-the-counter markets. More details can be found at: mira.mn/index.php/mn/646-2 Notice: Media outlets (TV, radio, social and web platforms) must always cite their source (ikon.mn) when using our information in any way, either in full or in part.

Back to Table of Contents

Money supply increases by 6.1 trillion togrogs, inflation reaches 8.1%

Published: 2024-12-17 | Translated from: itoim.mn

The National Statistics Office of Mongolia presented the socio-economic indicators for the first eleven months of 2024. Consumer Price Information:
The consumer goods and services price index, or inflation, in November 2024, increased by 8.1% compared to the same month of the previous year and by 1.7% compared to the previous month. In Ulaanbaatar, inflation increased by 1.7% from the previous month and by 7.9% from the same month of last year. In various provinces, inflation ranged from 5.3% to 15.2%. Inflation, which was 8.1% nationwide in November 2024, was primarily driven by a 2.1 percentage point increase in food prices and a 2.1 percentage point increase in housing and electricity prices. The price of imported goods went up by an average of 28% compared to the same period last year, contributing 2.3 percentage points to inflation. Exports grew by $781.7 million and imports by $2.2 billion. As of November 2024, Mongolia engaged in foreign trade with 158 countries, with the total turnover reaching $25.2 billion. Exports amounted to $14.6 billion and imports to $10.6 billion, resulting in a trade surplus of $4 billion. However, this figure decreased by $1.4 billion compared to the same period last year. Total exports increased by $781.7 million and imports by $2.2 billion over the previous year. Trade with China in the first eleven months of 2024 reached $17.6 billion, accounting for 70% of the total trade turnover. In the first eleven months of 2024, mining products comprised 93.1% and agricultural products 4.9% of exports. China accounted for 91.3% and Switzerland for 4.7% of exports, which together made up 96% of total exports. The increase in exports, amounting to $781.7 million, was mainly due to copper ore concentrate exports rising by $528 million, gold by $181 million, iron ore concentrate by $153.3 million, and coal by $126.3 million. Money Supply Information:
As of the end of November 2024, preliminary figures show that the money supply reached 41.5 trillion togrogs, which is an increase of 6.1 trillion togrogs or 17.2% from the same period last year. This growth was mainly due to an increase of 5.2 trillion togrogs or 32.5% in togrog deposits and an increase of 2.6 trillion togrogs in checking accounts.

Back to Table of Contents

Mongolia's Social and Economic Indicators for the First 11 Months of 2024

Published: 2024-12-17 | Translated from: ikon.mn

Presenting the social and economic indicators of Mongolia for the first 11 months of 2024. G. Munkh-Orgil, the head of the Price Statistics Department at the National Statistics Office of Mongolia (NSO), is presenting the social and economic indicators for the first 11 months of 2024. Watch directly: https://www.facebook.com/StatisticMGL/videos/2129235594162412 Warning: Media organizations (Television, Radio, Social and Web pages) must cite the original source (ikon.mn) when using our information in any form, either fully or partially.

Back to Table of Contents

NSO: Consumer Goods and Services Prices Increased by 8.1%

Published: 2024-12-17 | Translated from: news.mn

The National Statistics Office of Mongolia presented the social and economic indicators for the first 11 months of 2024. According to the Director of the Price Statistics Department of the National Statistics Office, G. Munkh-Orgi: - The prices of consumer goods and services increased by 8.1% nationwide in November 2024 compared to the same period last year, by 7.7% compared to the end of last year, and by 1.7% compared to the previous month. Furthermore, the price of goods in the Khangai region increased by 7.2%, the price of services in the Western region increased by 21.4%, food prices in the Khangai and Central regions increased by 9.1%, and non-food prices in the Western region increased by 9.5%. According to monetary, credit, and securities market statistics, the money supply reached 41.5 trillion MNT by the end of November 2024, a preliminary increase of 6.1 (17.2%) trillion MNT compared to the same period last year. This was influenced by an increase in MNT deposits by 5.2 (32.5%) trillion MNT and MNT transactional accounts by 2.6 (36.2%) trillion MNT. Debt statistics show that the total external debt of the country for the first nine months of 2024 amounted to 35.6 billion USD, an increase of 2.4 (7.2%) billion USD from the same period last year and 772.0 (2.2%) million USD from the previous quarter. The increase in the country's total external debt over the first nine months of 2024 was influenced by a 2.4 (16.6%) billion USD increase in direct investment and inter-company borrowing. However, the Central Bank's foreign debt decreased by 813.2 (41.5%) million USD. Of the total external debt, 16.7 (46.7%) billion USD is from direct investment and inter-company borrowing, 7.8 (21.9%) billion USD is from the government, 2.0 (5.6%) billion USD is from deposit institutions other than the Central Bank, 1.1 (3.2%) billion USD is from the Central Bank, and 8.0 (22.5%) billion USD is from other sectors. Additionally, the total revenue and aid of the national consolidated budget reached 27.8 trillion MNT, an increase of 6.2 (28.7%) trillion MNT from the same period last year, with balanced revenue and aid reaching 26.1 trillion MNT, an increase of 5.4 (26.0%) trillion MNT. Total expenses and net repayment of loans reached 24.7 trillion MNT in the first 11 months of 2024, resulting in a balanced surplus of 1.4 trillion MNT. According to foreign trade statistics, Mongolia traded with 158 countries during the first 11 months of 2024, with total foreign trade turnover reaching 25.2 billion USD. Of this, exports were 14.6 billion USD and imports were 10.6 billion USD, with a trade balance surplus of 4.0 billion USD. Total turnover increased by 3.0 (13.4%) billion USD, exports by 781.7 (5.7%) million USD, and imports by 2.2 (26.2%) billion USD from the same period last year. However, the balance decreased by 1.4 (-25.9%) billion USD. Regarding average salary statistics, according to the report of the General Department of Social Insurance's social insurance premium payment, a total of 768,000 employees from 50,400 enterprises and organizations were covered as of the third quarter of 2023. The number of enterprises paying social insurance premiums increased by 1.8 (3.6%) thousand from the same period last year and by 373 (0.7%) from the previous quarter, while the number of employees increased by 12.6 (1.7%) thousand from the same period last year and by 10.9 (1.4%) thousand from the previous quarter. In the industrial sector, total production reached 29.4 trillion MNT in the first 11 months of 2024, an increase of 1.8 (6.6%) trillion MNT from the same period last year. The mining and extraction sector increased by 1.5 (7.8%) trillion MNT, and the electricity, gas, steam, and air conditioning sector increased by 132.3 (7.9%) billion MNT. Disasters and accidents were recorded 4910 times in the first 11 months of 2024, a 944 (23.8%) increase from the same period last year. A total of 6062 people were affected by disasters and accidents in the first 11 months of 2024. By type, the recorded disasters and accidents included 479 meteorological incidents, 67 geological incidents, 74 biological incidents, and 4290 incidents related to human activities.

Back to Table of Contents

Government Budget Expenditure Increased by ₮6 Trillion in the First 11 Months of This Year Compared to the Same Period Last Year

Published: 2024-12-17 | Translated from: ikon.mn

The total revenue and aid of the unified state budget reached 27.8 trillion MNT in the first 11 months of 2024, which is an increase of 28.7% compared to the same period last year. Meanwhile, the balanced revenue and aid reached 26.1 trillion MNT, reflecting a 26% increase from last year, and the total expenditure and net loans amounted to 24.7 trillion MNT, which increased by 31.7% and resulted in a 1.4 trillion MNT surplus. Total tax revenue during the aforementioned period reached 24.3 trillion MNT, increasing by 5.1 trillion MNT from the same period last year. Income tax rose by 2.6 trillion, VAT by 932 billion, social insurance income by 702 billion, foreign operation income by 303 billion, and excise tax by 280 billion MNT respectively. As for budget expenditures, they increased by six trillion MNT compared to the previous year, with goods and services expenses rising by 3.6 trillion and capital expenditures by 1.5 trillion MNT, a 41% increase. Specifically, salary and bonus expenses reached 2.6 trillion MNT, growing by 2.3 times, and other goods and services expenses increased by 442 billion MNT or 84%. Warning: Media agencies (TV, Radio, Social, and Websites) must cite their source (ikon.mn) when using our information in any form, either fully or partially.

Back to Table of Contents

Mining and Extractive Industry Production Rises in 2024

Published: 2024-12-17 | Translated from: ikon.mn

The production of the mining and extractive industry reached 21 trillion MNT in the first 11 months of 2024, an increase of 1.5 trillion MNT from the previous year. According to data provided by MPA Agency, the total production of the industrial sector was 29.4 trillion MNT based on preliminary results for the first 11 months of 2024. This represents an increase of 6.6% or 1.8 trillion MNT compared to the same period last year. The main contributing factors were the mining and extractive industry, which grew by 1.5 trillion MNT, and the electricity, gas, and air conditioning sector, which rose by 132.3 billion MNT, as reported by G. Munkh-Orgil, Head of the Price Statistics Department of the National Statistical Office (NSO). He also stated: "The production of the mining and extractive industry for the first 11 months of 2024 reached 21 trillion MNT, which is an increase of 1.5 trillion MNT from the same period last year. This was mainly influenced by the extraction of bituminous and brown coal, which grew by 1.2 trillion MNT, and metal ore extraction, which increased by 410 billion MNT."

Back to Table of Contents

L. Enkh-Amgalan: 30-40 Thousand Job Positions Are Vacant Due to Low Wages

Published: 2024-12-17 | Translated from: itoim.mn

The Ministry of Family, Labor, and Social Protection, in collaboration with the Asian Productivity Organization and the Mongolian Productivity Federation, organized the "Productivity Revolution" discussion today with the aim of defining the national productivity concept and boosting productivity initiatives nationwide. Labor productivity in Mongolia is 3.6 times lower than the global average. L. Enkh-Amgalan, Minister of Family, Labor, and Social Protection, stated: The Government of Mongolia has set ambitious goals for the next four years, including stabilizing economic growth, increasing GDP per capita to $8,000-$10,000, and halving poverty. To achieve these goals, productivity issues must be addressed. Every Mongolian wishes to work for a high salary. However, today the mining, information technology, and banking sectors are among those with the highest salaries. High salaries indicate high productivity sectors. The minimum wage of Mongolians is equivalent to one dollar per hour compared to other countries where it is $20-$30 per hour. For salaries to increase in the future, productivity in every sector must improve. Innovation issues are discussed behind productivity. Countries around the world aim to maintain stable economic growth by ensuring their citizens are highly productive. This includes the education system and employment issues. In Mongolia, there are 70-80 thousand unemployed citizens. On the other hand, when 30-40 thousand jobs are advertised, people are not interested in taking them. Behind this lies the reason of low wages, which causes newly advertised positions to remain vacant. In other words, 30-40 thousand job positions have low pay. Mongolia's education system might not meet job market requirements. Arceoni Bueno, Head of the Programs Department of the Asian Productivity Organization, mentioned that countries like Korea and Japan constantly organize skill training sessions to ensure high productivity among their citizens. Generally, they have a well-established vocational education system. Academic education and vocational training go hand in hand. Because theory and practice are interconnected, people receiving education are well-prepared. If these two systems operate separately, workers are not ready upon starting a job. Moreover, there is a skill enhancement system. In Mongolia, salaries are higher in the mining sector. Even though individuals in this sector are skilled, there is limited job availability. Therefore, there is a risk that graduates may not find jobs in their field. Possibly, the education system may not meet job market requirements.

Back to Table of Contents

Diplomacy

Ambassador N. Enkhbold Presented Credentials to Chinese President Xi Jinping

Published: 2024-12-17 | Translated from: montsame.mn

Ambassador Extraordinary and Plenipotentiary of Mongolia to China, N. Enkhbold, presented his credentials to President Xi Jinping of the People's Republic of China on December 12. During the ceremony, Ambassador N. Enkhbold conveyed the greetings of the President of Mongolia, U. Khurelsukh, to President Xi Jinping and expressed his commitment to actively work as an ambassador to enrich the comprehensive strategic partnership between Mongolia and China through mutually beneficial cooperation. President Xi Jinping congratulated Ambassador N. Enkhbold and sent greetings to President U. Khurelsukh and the people of Mongolia, noting that the Chinese government is ready to further expand and develop the bilateral relations and cooperation between the two countries. According to the Embassy of Mongolia in China, ambassadors from 28 countries participated in the event to present their credentials to China.

Back to Table of Contents

Expanding Cooperation with India in Culture, Sports, Tourism, and Youth Development

Published: 2024-12-17 | Translated from: montsame.mn

Minister of Culture, Sports, Tourism, and Youth Development Ch. Nomin met with the Ambassador of the Republic of India to Mongolia, Atul Malhari Gotsurve, to exchange views on expanding cooperation in the fields of culture, sports, tourism, and youth development between the two countries. During the meeting, it was highlighted that restoration work on historical and cultural sites is being successfully continued under the guidance of Indian restoration experts as part of the Mongolian-Indian cultural cooperation. Discussions were held on intensifying cooperation in the cultural field of the two countries and revising relevant documents. Furthermore, they exchanged specific ideas on topics such as involving cultural sector employees in professional training in India, developing direct cooperation between museum organizations, and signing a memorandum of understanding to cooperate in the film industry. In addition, within the framework of the "Visit Mongolia Year," they decided to study the possibilities of attracting Indian tourists and conducting direct flights between the two countries in collaboration with relevant organizations. Both parties expressed their commitment to actively work together to expand and develop the cooperation between the two countries.

Back to Table of Contents

Electronic Visas Issued to 88,794 Foreign Nationals in the First 11 Months of This Year

Published: 2024-12-17 | Translated from: unuudur.mn

The government of Mongolia has decided to continue the "Visit Mongolia Year" initiative until 2028, aiming to promote Mongolia internationally as well as among private sectors and foreign and domestic citizens. Under this state policy to develop tourism, the Immigration, Refugee and Citizenship Authority has been using the evisa.mn electronic visa system for quite some time now. This system issues electronic visas in four categories: tourist (K2), cultural and sports event participants (K4), transit (K6), among others. Since 2021, electronic visas have been issued to 127,936 foreign nationals, with the number of applicants increasing year-on-year. In 2023, 31,242 visas have been issued, and 88,794 visas in the first 11 months of this year, representing a 2.8 times increase compared to the previous year, to citizens of 99 countries included in the "List of Countries Issuable with Electronic Visas to Mongolia" approved by the joint order of the Minister of Foreign Affairs and the Minister of Justice and Internal Affairs. For 2024, by country, 77,448 applicants were from China, 1,334 from India, 677 from South Korea, 391 from Indonesia, and 8,944 from other countries. In order to apply for an electronic visa, applicants should visit https://evisa.mn/ and complete the visa application accurately and completely, then pay the required fee. The application is then reviewed, and if approved, an electronic visa containing a QR code with the applicant's information is sent via email within 48 hours. Furthermore, 34 countries, including European countries, Australia, and New Zealand, which were previously required to obtain a visa, have been temporarily exempted, allowing tourists from 65 countries to visit Mongolia without a visa.

Back to Table of Contents

Infrastructure

Discussed Making Ulaanbaatar a Livable City

Published: 2024-12-17 | Translated from: gogo.mn

Over 120 officials from various sectors of the capital's local administration, such as urban planning, land, transportation, environment, tourism, and education, discussed what Ulaanbaatar should be like in 2040. Aiming to create conditions for a livable and environmentally friendly "20-minute city," the "General Development Plan of Ulaanbaatar until 2040" is being developed. This plan aligns with long-term national policies such as "Vision-2050", the "New Revival Policy", and the "Regional Development Concept." The discussion was organized on the initiative of the Capital's Chief Architect, with the goal of incorporating the opinions and recommendations of officials from local administrative bodies. Source: Metropolitan Administration, Public Relations and Communication Department.

Back to Table of Contents

Building Ponds to Enhance Water Supply for Livestock and Agriculture and Provide Protection Against Floods

Published: 2024-12-17 | Translated from: ikon.mn

The Ministry of Environment and Climate Change (MECC) has declared 2025 the year for building ponds. As part of this initiative, the "333 Lakes, One District-One Lake" campaign has been launched, emphasizing the importance of the participation of enterprises and companies in building ponds in provinces and districts, as highlighted by the Head of the Water Authority, Z. Batbayar, in his briefing. The initiative to build ponds in remote areas of Mongolia aims to highlight their significance. The "333 Lakes" initiative, spearheaded by the Water Authority and the MECC, is set to commence on March 22, 2024. The number 333 was chosen with the goal of creating a lake in each district. This year, our country experienced abundant rainfall, which often led to large volumes of water flowing into rivers and gullies, causing floods. Where possible, building small ponds on dry gullies and stream beds can provide drinking water for animals. Instead of fearing floods, we can celebrate the filling of our ponds. In times of drought, stored water can be a valuable resource for watering livestock and agriculture, turning potential disaster into opportunity. Satellite imagery has identified approximately 54,000 locations suitable for pond construction due to elevation differences. The Water Authority, working with local district leaders, has currently identified 318 potential locations for pond construction in this first phase. The following five objectives have been identified for potential pond construction: 1. Enhance water supply for the population. 2. Increase water supply for livestock. 3. Enhance water supply for agriculture. 4. Provide protection against floods. 5. Increase water usage for other purposes, contributing to maintaining ecological balance by starting pond construction. "In order to accumulate water resources, 330 artificial lakes will be built," said Z. Batbayar, Head of the Water Authority. By the end of this year, engineering plans for six types of ponds will be developed at 318 locations, and alternatives will be proposed. The alternatives include building ponds following springs and creeks. This means designing ponds that follow springs and creeks providing constant feed. Water reservoirs and lakes that hold no more than 500,000 cubic meters of water will be created, with an average size ranging from 200 to 600 meters. The second alternative involves constructing ponds along dry gullies and ravines, retaining floodwaters descending these areas. The next alternative investigates measures to use stored water to replenish underground water supplies and increase water resources in areas where significant water loss through evaporation occurs, particularly in arid regions. Financial models are being developed for each alternative. Three financing methods have been adopted: 1. State budget: Steps are being researched to capture melting snow water with state-funded ponds. 2. Raising funds from international financial institutions: Opportunities amounting to about 5 million USD have been identified, estimating one pond to cost about 150,000 USD or 400-500 million MNT. 3. Collaboration with enterprises: Companies are expected to play a significant role in pond construction. "By starting pond constructions, the process of collecting precipitation in Mongolia begins," commented Z. Batbayar, Head of the Water Authority. "Unitel Group is building ponds on their own initiative," aiming to improve habitats for wildlife and meet drinking water needs. For instance, Unitel Group has established ponds at over 80 locations across Mongolia. Ponds serve not only as drinking water sources for wildlife but also help reduce air dryness in surrounding areas, improve soil quality, and create favorable conditions for plant growth. Under the "Stay Green" initiative, Unitel Group is working with governmental and non-governmental organizations to expand the scope and reach of their environmental and ecological projects. Alert: Mediacommunication companies (TV, Radio, Social, and Web platforms) must cite the source (ikon.mn) when using our information wholly or partially in any form.

Back to Table of Contents

Members of Parliament examine the administration responsible for the development of the "New Kharkhorum" city

Published: 2024-12-17 | Translated from: ikon.mn

Members of Parliament visited the administration responsible for the development of the "New Kharkhorum" city in the Orkhon Valley to ensure the implementation of Resolution No. 07 of the 2023 Parliament regarding the establishment of the city and to support the construction efforts. The administration, established by the government in February 2023 with 30 staff, currently operates with 27 employees. Its responsibility includes organizing and managing the planning, development, legal framework, infrastructure, and investment environment necessary for the creation of the "New Kharkhorum" city. Head of the administration, N. Natsagdorj, reported that essential studies, such as population drinking water exploration, engineering-geological and topographical studies, environmental assessments, and archaeological and paleontological research, have been completed and summarized. In March of this year, an international tender was announced to develop the concept for the city’s master plan, focusing on defining the city's vision, development priorities, urban planning principles, and image. Out of 54 countries, 426 teams registered, with 76 teams submitting proposals. From these, 36 teams from 18 countries were selected for the second round to contribute to the city’s planning. The Orkhon Valley, home to historical sites such as the Xiongnu's Dragon City, the Rouran's Mumo City, the Uighur Khara Balgas, the Turkic Khans' tombs, and the Mongol Empire's Kharkhorum city, is a hub of Mongolia's history and cultural heritage. Therefore, the "New Kharkhorum" city is planned as a smart, eco-friendly city focusing on cultural tourism and high-tech industry, supported by green development strategies. The city is designed to cover an area of 189,363 hectares with a population capacity of 500,000, and 50% of the residential area dedicated to green spaces. The working group established by the Speaker of Parliament's December 2024 resolution to support the development of the "New Kharkhorum" city includes G. Temuulen, Chairman of the Standing Committee on Security and Foreign Policy, Members of Parliament M. Enkhtsetseg, G. Luvsanjamts, D. Purevdavaa, B. Punsalma, and N. Batsumberel. They reviewed the administration’s activities and the city’s master plan while discussing the draft law to support Kharkhorin city's construction and development, reported by the Parliament's Press Office. Note: Media outlets (TV, Radio, Social, and Websites) must cite the source (ikon.mn) when using our information in any form, whether in full or partially.

Back to Table of Contents

Society

"Erdenet" Corporation's New Appointments

Published: 2024-12-17 | Translated from: isee.mn

It has been reported since last autumn that "Erdenet" Corporation will appoint a new leadership team. Sources indicate that after the new year, either T. Badral, former Chief of the Emergency Management Authority and former Ambassador, or B. Tsengel, Head of the State Property Policy and Coordination Agency, will be appointed as the general director of the factory. Moreover, there is speculation that the current general director G. Yondon may be appointed as Ambassador to the Federal Republic of Germany. Traditionally, the President appoints his own trusted individuals to such positions, making the appointment of T. Badral as the director of "Erdenet" Corporation highly likely. Additionally, the Democratic Party appears to be sending several candidates to "Erdenet." For instance, I. Munkhzhargal from the Democratic Party is expected to be appointed as the factory's Control Manager. The Control Manager holds deputy director-level authority and controls the budget as well. Shortly, directors for other state-owned companies such as "Erdenes Mongol" and "Erdenes Tavan Tolgoi" will also be appointed. Currently, Mongolia has 122 state-owned companies operating in total. The head of the Cabinet Secretariat, N. Uchral, has publicly stated that they are planning to introduce external management to improve the efficiency of state-owned companies. However, behind the scenes, it appears that the three coalition parties in the government are appointing their own people to these companies, resulting in increased bureaucracy rather than improved efficiency, as evidenced by the situation at "Erdenet." It is also reported that deputy ministers, agency directors, and several deputy directors in state-owned companies will be appointed. The government is even working on annulling the State Budget Reduction Law that prevents excessive spending and appointment of unnecessary positions, in order to appoint deputy directors. The Economic and Development Minister L. Gantomor has prepared the draft to annul this law, although he hasn't yet submitted it, as the ruling party is pressuring him to move forward. The appointment of deputy ministers and directors is likely to provoke public anger, as citizens continuously demand the reduction of excess spending and unnecessary governmental positions. Fearing the backlash from the public, the decision has been temporarily postponed. There are reports that the Democratic Party is preparing to absorb potential criticism, with the ruling party supposedly telling them, "You should bear the risk yourselves." If the law is passed, specific individuals who held deputy minister positions in the past will be appointed to such roles again, possibly under alternative titles like "Minister responsible for X" or "Assistant Minister," allowing for one minister to work with more than one assistant minister. If they proceed with this plan, the government’s 16 ministries could end up with around 30 assistant ministers, with half of these positions filled by members of the National Parliament and the other half from outside. Additionally, as part of parliamentary activities, they have annulled the provision in the State Budget Reduction Law that prohibited the creation and appointment of senior deputy, deputy, or assistant positions under different titles but with similar roles and responsibilities. This indicates that the ruling parties have already been working to create these deputy director positions secretly, to avoid public attention. This change has set the stage for state-owned companies to work with deputy directors next year, aligning with the potential appointment of I. Munkhzhargal. Recently, a joint meeting with extensive participation was held at the State Property Policy and Coordination Agency to introduce the "Unified System for the Registration and Information of State and Local Government Property" project. During the meeting, B. Tsengel, head of the agency, stated, "From next year, agencies and state-owned companies will operate with deputy directors. Agencies with large structures and staff will have two deputy directors, so adjust accordingly."

Back to Table of Contents

Environment

The Capital Cannot Reduce Air Pollution Alone, So Re-establish the National Committee for Air Pollution Control, He Said

Published: 2024-12-17 | Translated from: gogo.mn

President U. Khurelsukh summoned members of the State Great Khural, members of the government, and leaders of Tavan Tolgoi Fuel Company for a meeting. During the meeting, he stated, "The National Committee for Reducing Air Pollution has been dissolved. Why was it dissolved? There is no one responsible now. Today, there is no professional inspection agency at the national level. There used to be duplicate inspections. It was said for many years that it should be consolidated, and it was consolidated. Today, there is nothing. The most important work of the state is inspection and control. Today, there is no inspection happening. It is necessary to establish the National Committee for Reducing Air Pollution, and I am giving the duty to discuss this with the government to the Deputy Prime Minister. Without this, you will not move forward. The government will not succeed if it just assigns the responsibility for coal and air pollution to the administration of Ulaanbaatar city and the staffs of Tavan Tolgoi Fuel and expects them to work. Therefore, urgently convene the National Emergency Commission," he said. The Clean Air Fund was dissolved in 2015, and the National Program for Reducing Air and Environmental Pollution was approved in 2017, establishing the National Committee for Reducing Environmental Pollution (NCEP), and the National Committee for Reducing Air Pollution (NCRAP) was also dissolved. However, the NCEP has not posted information on its official page since November 2023. In 2022, the organization worked with a budget of 43 billion MNT to reduce air pollution, and it is unclear what it is doing today. The National Program for Reducing Air and Environmental Pollution, approved by the government, is set to end in 2025, and it was promised to reduce smoke by 80%. Despite numerous violations identified by audits, the President has proposed to re-establish the NCRAP this time. The reason being that the city's administration is not working well enough on its own to reduce pollution.

Back to Table of Contents

Immediate Action by the Special Commission on Air Pollution

Published: 2024-12-17 | Translated from: ikon.mn

The emergency operations center, led by the Governor of the Capital City, will monitor air pollution 24 hours a day. With a special permit, the usage of photographs by MPA agency was authorized. Information was provided at the briefing of the National Emergency Commission, which discussed the issues of air pollution and winter preparations. T. Bayarkhuu, Secretary of the National Emergency Commission, stated: “Due to the increase in air pollution in Ulaanbaatar city, we have decided to establish an emergency headquarters under the leadership of the Governor of the Capital City to continuously monitor the situation 24 hours a day. Additionally, in today's meeting, the head of the Government Secretariat was tasked with bringing the issue of re-establishing the national committee that was previously responsible for air pollution matters to the government meeting. Furthermore, they were instructed to implement the rules and regulations aimed at improving air quality in the city and to strengthen the organization of cross-sectoral operations and inspections. As of today, around 2,500 civil servants are working throughout the city, visiting households to ensure fire safety, prevent carbon monoxide poisoning, and provide recommendations." Warning: Press and media organizations (TV, Radio, Social and Web pages) must cite their source (ikon.mn) when using our information in any form, whether in full or partially.

Back to Table of Contents

NEMA: Sulfur Dioxide Content Exceeds Permissible Levels by 12.5 Times

Published: 2024-12-17 | Translated from: gogo.mn

The regular emergency meeting of the National Emergency Management Agency (NEMA) was held today. At the meeting, the Deputy Prime Minister of Mongolia and Head of NEMA, S. Amarsaikhan, listened to presentations on the preparations for winter and spring, the weather conditions for the coming months, the air quality situation in the capital, the measures to reduce air pollution, and the progress of the briquette factory, and gave directives. According to the risk assessment of zud, the provinces of Bayan-Ulgii, Uvs, Khovd, Govi-Altai, and Bayankhongor are at high risk, while Arkhangai, Uvurkhangai, Khuvsgul, and Sukhbaatar provinces are at medium risk. As of today, a total of 17,913 households and 7,329 livestock are on the move. Additionally, in accordance with the order of the Deputy Prime Minister of Mongolia and Head of NEMA, S. Amarsaikhan, a rapid response team of NEMA is meeting with farmers and cooperative members who participate in the "New Cooperative-Prosperous Herdsman" program and receive investment loans, to monitor loan utilization and implementation. A total of 6,599 new cooperatives have been established nationwide, providing loans of 551.8 billion MNT to over 68,500 herder cooperative members. Rapid response teams have reached 14,765 herders and cooperative members, achieving 73% by the 15th of this month. In Ulaanbaatar city, a total of 19 air quality automatic stations are in operation. The annual average sulfur dioxide content is 2.7 to 12.5 times higher than the permissible levels in suburban areas such as 1st khoroolol, Khailaast, Tavan buudal, Sharhad, Nalaikh, Zuragt, Amgalan, and Bayankhoshuu, while it is close to standard levels in other locations. According to a study on factors affecting air pollution, 55.6% is attributed to the suburban households, 28.9% to vehicles, and 15.5% to other sources such as water boilers, small-scale boilers, and ash ponds of thermal power plants. The percentage of households living in suburban areas in the capital decreased from 50.2% in 2023 to 44% in 2024. To further urbanize suburban areas, establish sub-centers, and promote healthy and safe living conditions in standard-compliant apartments, 202,626 housing projects are being implemented. Of these, 41,584 are apartments as part of redevelopment projects, 148,323 are apartments planned under redevelopment, and 12,719 are foreign-funded apartments. “Tavantolgoi Fuel” LLC renewed the standard for improved briquettes in 2022. Moreover, the control over the quality of raw materials and briquettes is being conducted by accredited external laboratories. The primary raw material for improved briquettes is energy coal middlings, which is an interim product of washed and separated coal and meets the technical requirements of MNS 6226:2011. Additionally, it is reported by industry experts that there have been no changes in the production technology and raw material composition of briquettes. Based on the above information, the Deputy Prime Minister of Mongolia and Head of NEMA, S. Amarsaikhan, gave the following directives: 1. Establish a National Council for Air Pollution Reduction, implement decisions made by the council at the national level, present the outcomes to the government, and ensure inter-sectoral coordination. 2. Establish a rapid response headquarters in the capital to accurately determine the levels of smoke, air pollution, and dust pollution, to organize and monitor the supply of improved fuel to targeted households, especially those in suburban areas, and to monitor the burning of tires, garbage, and plastic bottles. 3. Supervise the use of improved briquettes, involve public officials, and disseminate advice and recommendations on this matter to the public. 4. Develop short, medium, and long-term plans for reducing and preventing air pollution and provide the public with this information. 5. Focus on preventing and reducing the spread of influenza and respiratory diseases due to air pollution, and develop preventive policies and plans for young children and the elderly. 6. Pay special attention to whether raw coal is being used and monitor its use. 7. Form a working group with domestic and foreign researchers from “Tavantolgoi Fuel” LLC and send raw material samples for external analysis, and report the results within 14 days. Source: Information from the Deputy Prime Minister of Mongolia

Back to Table of Contents

Global Experience in Combating Air Pollution

Published: 2024-12-17 | Translated from: news.mn

According to the 'IQ Air' website, which provides real-time updates on the air quality index of cities around the world, air pollution in New Delhi, the capital of India, is at its most dangerous level. Following New Delhi, the next five cities with the highest air pollution are Lahore, Pakistan; Dhaka, Bangladesh; Kolkata, India; and Accra, Ghana. Unfortunately, Ulaanbaatar, the capital of Mongolia, is also listed high among these cities, ranking sixth. The website divides air quality into six levels: 0-50 is good, 51-100 is moderate, 101-150 is unhealthy for sensitive groups, 151-200 is unhealthy, 201-300 is very unhealthy, and above 301 is hazardous. The air quality measurements for these cities are as follows: - New Delhi: 368, hazardous level. - Lahore: 257, very unhealthy level. - Dhaka: 168, unhealthy level. - Kolkata: 167, unhealthy level. - Accra: 167, unhealthy level. - Ulaanbaatar: 167, unhealthy level. Let us mention the measures these cities are implementing to combat air pollution. New Delhi, India The air quality in New Delhi worsens during the winter, similar to Mongolia. The residents of Delhi are combating air pollution in accordance with a 'GRAP' (Graded Response Action Plan). This plan becomes stricter as pollution levels increase. For example, when air pollution reaches hazardous levels, restrictions are placed on vehicles with diesel engines, allowing only electric and 'CNG' or 'BS-VI' diesel buses. Construction activities are also restricted. Educational curriculums shift to a hybrid model to ensure the safety of children while not disrupting their education. Additionally, a 21-point plan is currently being followed, which includes improving and promoting public transportation, dust suppression, tree planting, and controlling industrial emissions to reduce the use of private cars. Lahore, Pakistan Lahore has implemented several measures to combat air pollution. First, a 'Green Block' initiative allows people in pollution hotspots to work from home, and surfaces are sprayed with water. Second, the city administration has installed smog-cleaning towers in collaboration with the National University of Science and Technology. These towers are designed to filter harmful particles from the air. Third, rules are established that prohibit open cooking without an emission control system, and the use of coal and wood for commercial cooking is restricted. In terms of legal and policy measures, they actively halt operations that contribute to pollution, such as industrial emissions and illegal constructions. Dhaka, Bangladesh Dhaka is prioritizing the implementation of a National Air Quality Management Program. The goal of this program is to eliminate pollution from primary sources, improve air quality monitoring, and increase regulatory compliance. The program promotes the use of clean technology in industries, transport, and urban planning sectors. It also educates the public on the health impacts of air pollution and the importance of sustainable practices. Efforts to reduce vehicle emissions include decreasing the number of private vehicles and encouraging the use of public transportation such as buses, trains, and rickshaws. Kolkata, India Kolkata has measures similar to New Delhi. Furthermore, the city has banned the open burning of various waste materials, both hazardous and non-toxic, and the use of three-wheeled vehicles, which significantly contribute to air pollution. Most of the cities leading the world in terms of air pollution levels are in Asia, and Accra in Ghana, West Africa, is among these cities. The city is implementing an Air Quality Management Plan that includes identifying pollution hotspots and taking measures, such as banning open burning of waste. Accra has also joined the global 'Breathe Better Cities Initiative'. Through this initiative, the city has installed 60 small air quality sensors and three high-precision devices to monitor pollution levels. The ultimate goal of the initiative is to reduce air pollution and toxic carbon emissions by 30% by 2030. A project aimed at limiting pollution from poor waste management is also being implemented. This project promotes recycling and incineration through organic composting and park development.

Back to Table of Contents

The National Emergency Commission is Meeting on Air Pollution

Published: 2024-12-17 | Translated from: gogo.mn

The National Emergency Commission is holding a meeting at the State Palace. The meeting is attended by the Ministers of Tavantolgoi Fuel and other ministries, along with officials. After the meeting, the representatives of the National Emergency Commission will provide information.

Back to Table of Contents

The State Emergency Commission is urgently meeting regarding the issue of smoke

Published: 2024-12-17 | Translated from: isee.mn

The State Emergency Commission is urgently meeting today in the Sukhbaatar hall of the Government Palace. The meeting is discussing issues such as winter preparation work, weather conditions, and air pollution. After the meeting, representatives of the State Emergency Commission will provide information. We will report back on this matter.

Back to Table of Contents

VIDEO: Air pollution reaches extremely high levels around Khailaast, Sharkhad, and Nalaikh

Published: 2024-12-17 | Translated from: isee.mn

According to preliminary air quality data for Ulaanbaatar city, the air around Khailaast, Sharkhad, and Nalaikh was recorded to have extremely high levels of pollution. Specifically, in Khailaast, PM 2.5 levels were at 464 out of a maximum of 606, and PM10 levels were at 465 out of 630, indicating extremely high pollution. Around Sharkhad, PM 2.5 was at the maximum of 276 out of 276, and PM10 was at the maximum of 428 out of 428, which is also extremely high. In Nalaikh, PM 2.5 was at 361 out of 361, and PM10 was at 213 out of 213, indicating high pollution levels.

Back to Table of Contents

T. Bayarkhuu: Improved briquettes will be analyzed by an external organization to ensure they meet requirements

Published: 2024-12-17 | Translated from: isee.mn

The State Emergency Commission held an urgent meeting to discuss current issues. Regarding this, the Secretary of the State Emergency Commission, T. Bayarkhuu, stated that a dzuud (harsh winter) situation has arisen in some soums. Therefore, working groups tasked with ensuring winter preparedness and providing relevant instructions and recommendations are traveling through the 21 provinces, and their work is currently 76% complete. Also, in response to the significant increase in air pollution in the capital in recent days, a decision was made at the State Emergency Commission's meeting to coordinate the operations of the relevant state agencies. An emergency headquarters led by the governor of the capital has been established and is working with continuous 24-hour monitoring. Furthermore, the State Emergency Commission decided to involve government departments, agencies, and inspection officers in this operation. Additionally, today's meeting of the State Emergency Commission assigned tasks to the head of the Cabinet Secretariat. A decision was made to present at the government meeting the issue of restoring the National Committee, which previously handled operations and duties related to air pollution, for approval. Moreover, the Minister of Environment and Climate Change, the Minister of Energy, and relevant officials in the capital have been given a timed task to conduct thorough tests, particularly quality standards analyses by external organizations, of the improved briquettes and report the results to the State Emergency Commission.

Back to Table of Contents

Processed Fuel to be Analyzed in Foreign Laboratory

Published: 2024-12-17 | Translated from: montsame.mn

The regular meeting of the State Emergency Commission was held today and the decisions made at the meeting were introduced. Secretary of the SEC, T. Bayarkhuu, stated, "A working group led by the Capital City Governor has been set up to work on reducing air pollution. Furthermore, the National Council for Reducing Air Pollution will be reestablished and tasked with submitting decisions to the government. In addition, efforts to improve air quality monitoring in the capital city will be intensified. 2,500 public employees in the capital city will conduct inspections of households and provide advice on preventing carbon monoxide poisoning. Additionally, the Ministers for Energy and Environment and Climate Change, along with the Capital City Governor, will develop a detailed medium and long-term plan to reduce air pollution and present it. The assignment has been given to conduct an inspection of the processed briquettes by an independent or foreign laboratory and present the results to the SEC within a specified timeframe." The head of the Meteorological and Environmental Inspection Agency, G. Oyunjargal, commented, "Six main elements of air quality are being measured. From 2019 to 2020, the indicators dropped significantly, with a rise in sulfurous gases. However, since 2021, the levels of sulfurous gases have decreased. During November and December of last year, the wind was strong, thus the air pollution was relatively low. This November, air pollution was close to the acceptable level. However, this month, due to cold air in low-land areas, air pollution has increased. Snow will fall in most areas starting tomorrow, so parents can take advantage of these days to take their children outdoors. Air pollution is highest particularly around the Bayankhoshuu ger district in the city." Meanwhile, the Deputy Mayor of the Capital City, A. Amartuvshin, stated, "The capital city has planned two projects to reduce air pollution. The first is to develop housing and urban redevelopment. The tender process for 20,000 housing units has begun. 12,000 housing units will be built in the Selbe subdistrict, and 8,000 units in the Bayankhoshuu subdistrict. Step-by-step solutions to the housing issue will be provided. Next, a study on supplying households not included in the urban development and redevelopment program with gas fuel has begun. This week, foreign research groups will arrive in Ulaanbaatar city, which will allow for the connection of 250-300 households per subdistrict. It is estimated that 80,000 to 100,000 households will be supplied with gas fuel in the winter of 2025-2026. Subsidies currently provided to 'Tavantolgoi' Fuel will be redirected toward gas use. As for renewable energy, we have been working within the framework of the UN Development Programme. It is estimated that 1,000 households will be connected in the winter of 2025-2026, and 10,000 households the following year." Furthermore, "Tavantolgoi Fuel" company's Chief Technologist, D. Ulziibat, stated, "Since 2019, the 'Tavantolgoi' company has been producing briquettes. The raw materials have not been changed to this day. Over six years, the properties of the coal supplied for energy have remained stable, as presented at the meeting. We used a South Korean steam drying technology, but it did not match our weather conditions. Therefore, from 2022, all plants have adopted drying, and all briquettes are being produced according to standards. Annually, we produce and sell 520,000 to 560,000 briquettes. The moisture content was 10% according to the standard before 2022, but since then, the moisture content has been reduced to 6.0%. The briquettes now reaching consumers have a moisture content of 2.5%."

Back to Table of Contents

Air Pollution in the City Center is 4 Times Above Normal

Published: 2024-12-17 | Translated from: gogo.mn

As of right now, 9:00 AM, the Air Quality Index in the city center is at 409, which is 4 times above the normal level. Advice: People with chronic heart and lung conditions, as well as the elderly and children, should avoid any outdoor physical activity. Those with chronic conditions should regularly monitor their blood pressure, remain under doctor's supervision, and take medication as prescribed. It's also advised to go out into fresh air and wear masks. Source: National University of Mongolia, Air Environment Monitoring Laboratory

Back to Table of Contents

President Directives to Reduce Air Pollution

Published: 2024-12-17 | Translated from: unuudur.mn

Ulaanbaatar's air pollution has consistently been criticized by its residents, while the authorities have largely ignored these concerns until now. Given the seriousness of the situation, President U. Khurelsukh appears to have decided to take some action. He met with members of the State Great Khural and government officials, issuing directives to reduce air pollution. However, it is reported that the Prime Minister L. Oyun-Erdene and the Mayor of Ulaanbaatar, H. Nyambaatar, who are the main officials responsible for addressing air pollution, did not attend the meeting as they are said to be abroad. President U. Khurelsukh, who is often blamed for the city's smoke problem because he introduced improved fuel during his time as Prime Minister in 2018 by banning raw coal, stated during the meeting that the poor quality and composition of the fuel have contributed to the increased smoke. Therefore, he reminded officials to pay attention to inspecting and improving the composition of the fuel, especially the binder, and ordered more robust supervision and inspections in this area. According to the President's spokesperson, O. Zolbayar, officials from "Tavantolgoi Fuel" reported that the smoke increase was due to selling the fuel while it was still damp, causing households to burn it improperly.

Back to Table of Contents

Tavantolgoi Fuel: Briquettes Fully Meet Standards

Published: 2024-12-17 | Translated from: news.mn

Tavantolgoi Fuel LLC has conducted an independent inspection of its briquettes for December, carried out by the internationally accredited laboratory of SGS IMM Mongolia LLC. According to the results of the analysis, the briquettes produced by the company fully meet the requirements of the MNS 5679:2022 standard for Solid Fuel Technical Requirements. Specifically, the characteristics of the briquettes are as follows: - Moisture content not exceeding 6% - Ash content not exceeding 27% - Volatile matter content not exceeding 22% - Sulfur content not exceeding 1% - Calorific value not less than 5200 kcal/kg - Compressive strength not less than 80% The technical specifications of Tavantolgoi Fuel LLC's briquettes are: - Moisture content: 4.5% - Ash content: 20.49% - Volatile matter content: 19.90% - Sulfur content: 0.78% - Calorific value: 6632 kcal/kg - Compressive strength: 90% Tavantolgoi Fuel Company regularly conducts laboratory tests on its briquettes and will continue to transparently share the results of these analyses in the future.

Back to Table of Contents

NEMA: Improved Fuel to be Tested in an International Laboratory

Published: 2024-12-17 | Translated from: gogo.mn

The National Emergency Management Agency (NEMA) presented the decisions made at their meeting. NEMA's secretary, T. Bayarkhuu, stated, "To reduce air pollution, a working group led by the Mayor of the Capital City will be established and set to work. Additionally, a National Committee to Reduce Air Pollution will be re-formed and instructed to submit its plans to the government for action. Furthermore, inspections to improve the air quality of the capital will be intensified. 2,500 government employees from the capital will conduct inspections among households and provide advice to prevent carbon monoxide poisoning. The relevant state agencies have been given the following instructions: The improved fuel will be analyzed in an international laboratory," he said.

Back to Table of Contents

Green Bond Issued for Waste Recycling

Published: 2024-12-17 | Translated from: montsame.mn

The "TGTB" company, listed on the Mongolian Stock Exchange, is issuing the "Green Recycle" green bond to the public. The order for the primary market trading of the second tranche of the green bond will be accepted through the IPO system of the Mongolian Stock Exchange from December 20 to 26 of this year. Bond Introduction: Name: "Green Recycle" Bond Number of Bonds: Up to 40,000 units Nominal Price: 100 USD Total Price: 4,000,000 USD (four million US dollars) Annual Interest Rate: 10.0 percent per year Bond Term: 36 months Interest Payment Frequency: Semiannual Bond Redemption: At the end of the term Bond Custody and Settlement: Central Securities Depository. By issuing bonds, the company aims to attract investment into its "TM L Plastic" factory, which recycles plastic bottles and products.

Back to Table of Contents

Land with Ecological Corridors Designated for Special Use

Published: 2024-12-17 | Translated from: unuudur.mn

The Municipal Environmental Department reported that 5,926 hectares in the 11th and 20th khoroos of Bayanzurkh district and 14,419 hectares in the 21st khoroo of Songinokhairkhan district, totaling 20,345 hectares, were designated for local special use as ecological corridors by Resolution 24/18 of the City’s Citizens' Representatives Khural. These are buffer zones surrounding Ulaanbaatar city, and they play a critical role in protecting the migration and movement of wildlife around the Bogd Khan, Batkhaan, and Khugnu Khaan mountains, as well as Khustai Mountain Range in the southern part of the Khentii mountain range. This is crucial to preventing the deterioration and depletion of biological diversity. In the future, they plan to develop the management plan for these zones, in line with "Vision-2050," "Sustainable Development Goals 2016-2030," and "Mongolian Long-Term Development Policy 2020-2050." They aim to build essential engineering structures, establish, and regulate activities in these protected zones within the appropriate legal and regulatory frameworks, and implement restriction regimes and procedures. Environmental experts indicate that protecting the city's green zones and their surrounding environment helps reduce impacts that hinder the growth, migration, and relocation of wildlife populations, enhances genetic exchange, and maintains ecological balance.

Back to Table of Contents

Report: "Help, we're suffocating!"

Published: 2024-12-17 | Translated from: news.mn

The news agency has dedicated today's topics to issues surrounding smoke. This report is from the most polluted district in the capital, Songinokhairkhan's Bayankhoshuu, the 67th school, Zuunsalaa, and Baroonsalaa areas. Citizens: The People Want to Know the Ingredients of the Compressed Fuel After over two hours of traffic from the city center, Sukhbaatar Square, we arrived at Bayankhoshuu. The air pollution in Ulaanbaatar is highest at this point. Looking at my wristwatch, the time was 18:12. It's the busy hour when work, school, and kindergartens end. Traffic congestion increases on city streets, and black smoke rises from household chimneys. The evening heating of ger district homes has begun. Getting out of the car, one could see the dense black fog burning the eyes. The acrid, stinking, toxic smoke started to sting the throat. People live there, and children go to school there. Entering the premises of the 67th school, a hotspot of the city's air pollution, we saw many children trudging through the dark, with only their eyes visible, breathing and living in toxic smoke. Citizen L. Chimedd, taking three children around 10 years old from the 67th school, said, "I've been in the city for two months. My son and daughter-in-law couldn't manage their work. They said, 'Come over, we'll have a nice winter while you take the kids to and from school mornings and evenings.' But the city's smoke has become a disaster. It's unbearable to stay here. Headaches, insomnia, nausea, and high blood pressure ensue. Soon, I'll be heading back to Zavkhan," he said. The President of Mongolia has stated that due to lack of control over households in the ger district, people are burning bricks, shoes, raw coal, and diesel fuel. The law enforcement agency has been tasked to investigate these households one by one. Citizen G. Munkhbayar expressed, "I'm truly disappointed. When we first started using compressed fuel, it wasn't so bad. Pollution decreased. In the last 2-3 years, I think there have been changes in the composition of compressed fuel. We have 3 children aged 4 to 10. We don't let our youngest child go outside at all because of poisoning and catching colds, yet he still gets sick. This is directly related to the smoke. At night, visibility around is lost, and cars almost collide with each other. It's a terrifying scenario here," he said. Parents report that even with masks and double scarves, children are still affected by smog, constantly getting colds during winter. They emphasize the need for open information about the smoke's ingredients and provide good advice on protecting children from smoke. A little way from the 67th school, we reached Baroonsalaa in Bayankhoshuu. There, too, gray smoke permeated everywhere, and cars were gridlocked on narrow roads. Many were seen passing by, taking schoolchildren home. From higher ground, nothing could be seen below, not even the moon's golden glow seemed visible. "It's said that this smog is heavier and affects children the most. We may not see our country prospering, but we could think of keeping our future generations healthy. The composition of compressed fuel should be accurately checked and informed to the people. We want to know. Honestly, wearing a mask doesn't help. Bitter smoke tastes and smells," said citizen O. Dejidmaa. "If Changing Stoves Would Solve It, We Would Already Be Living in a Smokeless Country" Our report continued in Zuunsalaa, Bayankhoshuu. The situation here is also streets filled with gray haze. Citizen L. Lkhamaa said, "Various measures were organized to reduce smoke. We tried changing stoves. Tried changing chimneys. Now they're using compressed fuel. I've heard they plan to change stoves again soon. Stop it. If changing stoves solved anything, we would already be smokeless by now. As a citizen, I have the right to be suspicious. This is just a business benefiting someone in power, not us. I don't trust those people," she said. Thinking back, it's been years since the plan to eliminate 220,000 chimneys in the ger district was announced. The government's short-term solution to reduce smoke is the stove, but in reality, the 220,000 chimneys remain, as seen in Bayankhoshuu. The special second session of the capital's Citizen's Representative Khural last month, during which the Deputy Mayor for social sector, green development, and air and environmental pollution issues, A. Amartuvshin, stated, "There are 82,829 stoves not meeting standards in the capital. Full combustion is not happening; incomplete combustion is ongoing. Due to incomplete combustion, the amount of smoke from the ger district is increasing. Stoves not meeting standards must be replaced. The method of replacing should be resolved in cooperation with businesses, private sectors, and citizens," he said. We've replaced stoves, cleaned chimneys, but we've lost precious lives and many people have suffered health damage. "Cannot Enjoy the Constitutional Right to Live Healthily" The citizens "poisoned" by the smoke hurry home before dark. The air problem that threatens their health today is urgent, but for years, the 220,000 citizens of the ger district have remained the "culprits" without a significant solution from the government. Citizen N. Tserensambuu, a senior citizen of Bayankhoshuu, said, "I don't believe our country lacks the money to build the fifth and sixth power stations. Why are we dependent on foreign energy? If the energy problem is solved, the smoke will disappear on its own. Even ordinary citizens can think of this, not just government officials and MPs. The smoke is truly terrifying. Seeing the snow turn black on the northern mountain makes one wonder about our lungs. Catching colds is directly related to smoke. People may not feel it now, but in the long run, they'll realize how toxic it was. We cannot enjoy our constitutional right to live healthily," he said. "A Hearing on Smoke Should Be Held in the Ger District, Not in the Government Palace" We returned near the 67th school. As it was late, gray smoke thickened in the trail of car lights, and children could be seen running through crosswalks, without masks, in the midst of smoke. Citizen G. Khorogaarav said, "I hear various things about compressed fuel. They say its binder is made from poor-quality, substandard materials. Compressed fuel from three years ago was somewhat different. Incomplete drying is also said to cause toxicity. If there is a hearing on smoke, it should be held in the ger district, especially in our area, so that the state officials distanced from the people could consider deeply. Let those who squandered huge sums in the name of reducing smoke face legal responsibility. Honestly, we just want a just society," he said. Within the 3 hours we spent preparing the report, the smoke grew thicker and breathing became difficult. Bayankhoshuu, the most polluted area in the capital, registered a pollution level of 467, the highest. Indicators for air pollution, PB2.5, SO2, and PB10, were extremely high. Citizens have memorized politicians' words about "getting rid of the smoke" and "building power plants" like fairy tales. Now we need solutions, not words, and citizens urge politicians to leave the Government Palace and Four Intersection and spend at least an hour in the ger district to breathe there. Furthermore, if they plan to combat smoke and hold a hearing on smoke, citizens insist it should be done alongside them in Bayankhoshuu, the most polluted area in the capital, amidst the smog.

Back to Table of Contents

Innovation

5G Driverless Vehicles to Be Tested at Shiveekhuren Port

Published: 2024-12-17 | Translated from: isee.mn

An urgent meeting of the Minister of Digital Development, Innovation, and Communication was held. From today, the participation of department and division heads attending the meeting will be monitored on a dashboard. During the meeting, D. Bayasgalan, Head of the Policy Implementation Regulation Department of the Ministry of Digital Development and Communications (MODDC), and P. Batbaатар, Head of the State Electronic Service Regulation Department, presented their work accomplished according to the Minister's directives. The MODDC's Policy Implementation Regulation Department was tasked with completing three tasks within the "Government's 100 Days" framework. Under the national satellite launch project, evaluations were conducted at five locations for building ground stations, and radio frequency research was completed. The work is 80% complete and will be delivered soon. Additionally, translations of the satellite's commercial agreements were completed and submitted to the Ministry of Foreign Affairs. Once this translation is approved, comments will be collected from ministries for final approval. This work is also 80% complete. Furthermore, a unified monitoring dashboard for communication networks is being developed and will be operational from January 1, 2025, according to the directive. Testing of 5G driverless vehicles near the border area will be implemented at Shiveekhuren port in cooperation with representatives from 11 organizations. As the infrastructure to test driverless transport at this port is ready, it is planned to complete the above work by May 1, 2025. The allocation of radio frequencies to use 5G has also been planned. A joint effort between the General Police Department and the Communications Regulatory Commission has organized "Monitoring-1" and "Monitoring-2" measures against online gambling. During this operation, 5,241 domains accessed from Mongolia were restricted. In 2022, the monetary turnover of online gambling equaled 1.7 trillion MNT, or 3.2% of GDP. The Working Group convened to revise the universal service obligation fund's procedure and integrated their proposals regarding the sharing of responsibilities and decision on whether to change the procedure, guided by the recommendations of the Anti-Corruption Agency. As part of the communication project, it was planned to introduce 50 new points in rural remote areas in 2024 and another 50 in 2025. By the end of the year, 18 new points could be put into operation. Planning for the remaining points, including 5 in Khentii aimag and 2 in Khuvsgul aimag, will ensure coverage to 119 points in 2025. The State Electronic Service Regulation Department emphasized the operation of 407 RAPID centers to deliver government services efficiently to citizens, with 256 centers in rural areas, 103 in the capital, and 1 at a port. Over 1.6 years, these centers provided 926,000 services. Moreover, local entities began introducing RAPID centers in the districts of the capital. The initiative to offer government services, such as certificates and statements, via bank ATMs has been fully implemented at the State Bank. Preparations for issuing certificates and statements from 114 ATMs are complete, and discussions are ongoing to negotiate with other commercial banks on this matter. According to the government's Resolution No. 100, 43 organizations introduced 451 services in electronic form. Of these, 16 information-responsible organizations removed overlapping services and services that cannot be migrated online, leaving 124 services. Additionally, 24 organizations are being considered to introduce 210 more services. Out of the 1,263 services available in the unified state service system, 746 are accessible via the portal, 529 via operators, 295 via application, and 105 via kiosks. This effort identified uncertain services for 517 needs. The topic of process engineering and redesign for government services was first addressed by Resolution No. 36 in 1996. The State Electronic Service Regulation Department has focused on conducting process engineering at the SME Agency for 3 months to ensure proper structure and functions, digitize with an integrated policy, clarify stakeholders, and make government service streamlined and efficient. After reviewing the presentation and the progress of the work, MODDC Minister Ts. Baatarkhuu issued directives to the relevant heads: - Organize national assembly and coordination in the digital sector and clarify how public and private sector organizations should cooperate at the policy level. - Focus on re-engineering the most frequently used services by the public. Study how artificial intelligence and technological advances can be utilized for modeling, and share international experiences. - Improve the glass accounting system, developing and renewing it to be simple and understandable for citizens. - Provide leadership and involvement in innovation and high technology to contribute to air pollution reduction.

Back to Table of Contents

Health

Prime Minister to Travel to South Korea for Medical Reasons

Published: 2024-12-17 | Translated from: gogo.mn

Prime Minister L. Oyun-Erdene participated in the 16th Conference of the Parties to the United Nations Convention to Combat Desertification held in Riyadh, Saudi Arabia, and has not attended government meetings or joint sessions of the Parliament since returning to the country. The President called ministers and officials to his office for a meeting on air pollution issues yesterday and invited the Prime Minister, who also did not attend. An official source reported that the Prime Minister traveled to South Korea for medical reasons.

Back to Table of Contents

Flu and Cold Incidence Increases by 43%

Published: 2024-12-17 | Translated from: unuudur.mn

The Ministry of Health provided an update on the situation of flu and flu-like illnesses in hospitals across the capital. According to the head of the Capital City Health Department, B. Battsog, the spread of flu and cold in Ulaanbaatar remains sporadic. Last week, out of 110,000 outpatient visits in the capital, 8.9%, or 9,788, were related to colds and flu. Additionally, 10,688 people sought help for these reasons at the Emergency Center. This is 68% more than the same period last year. On average, more than 2,000 citizens per day are now calling for emergency services due to flu and cold. During the weekends, 3,311 children were examined in outpatient clinics of the city's hospitals, which represents a 43% increase compared to the previous week. As a result, from the 9th to the 15th of this month, doctors worked extended hours in 20 outpatient clinics of the city's hospitals. During this period, doctors examined 3,299 children, and 211 of them were admitted to hospitals. In the virology laboratory of the National Center for Communicable Diseases, 223 samples were tested during this period. Of these, 16.9% were identified as Influenza A H1N1, 67.6% as respiratory syncytial virus causing high fever and vomiting, and 15.5% showed "Covid-19." Authorities warned that over 80% of flu and cold patients are children under 15 years old. Because of these viruses, children show symptoms such as runny nose, headaches, muscle pain, loss of smell and taste, vomiting, diarrhea, and fever. These symptoms can rapidly worsen, so parents and guardians are advised to seek medical attention immediately.

Back to Table of Contents

Quarantine Established in Bulgan District of Khovd Province Due to Sheep and Goat Plague

Published: 2024-12-17 | Translated from: unuudur.mn

The local authorities in Bulgan district of Khovd province have decided to impose a quarantine starting from 5:00 PM on the 15th of this month, for an indefinite period, due to the outbreak of sheep and goat plague. In connection with the quarantine, all public events within the district are prohibited, and the movement in and out of the area is restricted. The outbreak of this highly contagious animal disease was confirmed by tests conducted at the National Veterinary and Sanitation Central Laboratory on the 14th of this month. As of yesterday, the infection has been detected in livestock of two families in the Bayansudal and Bayangol small communities within the district. However, since the disease is viral, it is likely that it has spread more widely, prompting intensified prevention and monitoring measures, according to officials from the provincial Veterinary Office. Additionally, efforts to procure vaccines from Ulaanbaatar are underway. Due to a shortage of personnel to work during the quarantine, veterinarians and specialists from other districts have been called in to assist. It is worth mentioning that this highly contagious plague can affect not only sheep and goats but also wild animals such as ibex, argali, black-tailed gazelle, and others.

Back to Table of Contents

"The Second Cancer Center" is Expected to Open in 4-5 Years, with 17 Billion MNT Allocated to Reduce Hospital Load

Published: 2024-12-17 | Translated from: isee.mn

Today, the Office of the President of Mongolia held a briefing on the construction of the "National Cancer Center II." President U. Khurelsukh issued Decree No. 47 to establish a working group to support the construction of the "Second Cancer Center." The head of this working group, the President's senior advisor N. Khurelbaatar, provided the following information: "The working group includes the Minister of Finance B. Javkhlan, Minister of Health T. Munkhsaikhan, Members of Parliament J. Chinburen, L. Munkhbayarlun, and N. Altanshagai. A complex center covering 95,308 square meters will be established in Songinokhairkhan district, and funds for this have been allocated in the 2025 budget." Minister of Health T. Munkhsaikhan stated, "We all know that the cancer situation in our country is severe. The main policy of the Ministry of Health is early detection and treatment of cancer. There are three main policy directions. Firstly, how can cancer care and services be provided to the people wherever they live, in their region, province, or district? Secondly, how can we provide services that meet international standards, based on science and evidence? We also have the task of building the 'National Cancer Center II.' It will take 4-5 years to build this hospital. Therefore, the current operation of the existing cancer center must be expanded to improve care and services. This funding has already been included in the budget." Member of Parliament J. Chinburen said, "Next year's budget includes funds to double the capacity and reduce the load of the existing cancer hospital. We are working to acquire an operational hospital for expansion. For this, 17 billion MNT has been allocated. The new 'Cancer Study Center II' hospital that we are starting to build will cover an area of 95,000 square meters. This ambitious project aims to bring the world's best modern technology to our country. It is not just about building a small hospital. Technologies for radiation therapy, such as proton therapy, are very expensive, costing around 40-50 million USD. The International Atomic Energy Agency has agreed to provide support for this large-scale technology."

Back to Table of Contents