AGP Executive Report
Last update: 12 hours agoMongolia-Japan Deal: Prime Minister Uchral Nyam-Osor has departed for an official visit to Japan (Sept 27–30), with talks expected to advance a ¥150 billion soft-loan package to expand Chinggis Khaan International Airport as passenger demand outgrew current terminals and parking. ADB Financing: The Asian Development Bank approved a $100m loan to strengthen Mongolia’s disaster resilience, backing modern firefighting and search-and-rescue gear plus upgrades to NEMA’s integrated disaster management system with digital early-warning tools. Banking & Money: Tugrug deposits rose to about MNT 28.8tn by end-August (+24.9% y/y), while foreign-currency deposits fell; the data also show individuals holding most deposits. Markets: Mongolian Stock Exchange trading hit MNT 1tn in the first eight months (+73.4% y/y), with corporate bonds leading activity. Energy Infrastructure: Construction at the Bööröljüüt thermal power plant continues, with chimney work for units 3 and 4 completed as Mongolia pushes to cut electricity import dependence. Digital Cooperation: Mongolia and Kazakhstan discussed expanding cooperation in e-government, AI, and cybersecurity, including direct links between IT sectors. Trade & Investment Diplomacy: Mongolia’s Deputy PM met Germany’s ambassador to discuss reforms to improve the investment climate and the planned Law on Special Economic Zones.
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