During a Cabinet meeting held on 28 January, the Chief of the Cabinet Secretariat, S. Byambatsogt, presented to Cabinet members an update on the progress of work conducted by the sub-working group responsible for evaluating proposals submitted by companies that have expressed interest in investing in and partnering on the Copper Concentrate Smelting and Processing […]
Prime Minister G. Zandanshatar on January 26 attended the opening of an exhibition showcasing products from domestic small and medium-sized enterprises, organized as part of preparations for the upcoming Tsagaan Sar holiday. At the event, the Prime Minister announced that the Government is developing a strategy to reduce loan interest rates for national producers and […]
On November 1, Prime Minister G.Zandanshatar visited Dongsheng Petroleum Mongolia LTD in Zuunbayan, Dornogovi Province, to review the company’s operations and discuss plans for increased production. Since its establishment in 2003, Dongsheng Petroleum has invested USD 480 million and extracted over 1 million tons of crude oil. Under the 1997 Production Sharing Agreement, the company […]
On November 1, Prime Minister G.Zandanshatar inspected the ongoing construction of Mongolia’s oil refinery in Dornogovi Province, announcing significant progress on the landmark project. The refinery, which was only 20 percent complete in June, has now surpassed 50 percent completion. Since assuming office, Prime Minister G.Zandanshatar has prioritized the refinery as a strategic economic project, […]
S&P Global Ratings has upgraded Mongolia’s sovereign credit rating from “B+ (positive)” to “BB- (stable)”, the country’s strongest rating in 13 years. The upgrade reflects improved fiscal discipline, debt management, and sustained economic growth. Since taking office, Prime Minister G.Zandanshatar has amended the 2025 budget, cutting spending by MNT 2.2 trillion and reducing the fiscal […]
Highlights from the Cabinet Meeting – October 29 Expanded Working Group Established to Improve Housing Access for Teachers and Doctors The Cabinet has established an expanded working group, headed by Minister of Urban Development, Construction and Housing E. Bat-Amgalan, to study and propose measures to improve housing access for teachers and doctors. The working group […]
Prime Minister G.Zandanshatar has established a Special Working Group to combat corruption and theft in the mining sector and state-owned companies. The group includes representatives from the General Intelligence Directorate, the Independent Authority Against Corruption, the National Police Agency, the General Customs Administration, the Mongolian Tax Administration, and all ministries. The working group will review […]
At its regular meeting on October 1, the Cabinet discussed and resolved several key issues concerning energy restoration, social welfare, foreign economic cooperation, and the 2026 state budget. Energy Restoration Efforts A major focus of the meeting was the ongoing restoration of Thermal Power Plant III, which experienced an accident at its high-pressure section. The […]
Prime Minister G.Zandanshatar has issued an order to disclose information that is not classified as confidential under the Law on State and Official Secrets and to strengthen regulations governing official secrecy within public institutions. In response, the Cabinet Secretariat has drafted amendments to the Law on State and Official Secrets and held a public discussion […]
The “ICT Forum” was held on September 26, as part of “Tech Week 2025,” a comprehensive national event dedicated to discussing innovation, technology, future trends, investment, and policy issues in the information and communications technology sector. The forum also provided a platform for exchanging experiences and ensuring active participation of stakeholders. Prime Minister of Mongolia […]
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