1 MONGOLIAN PRESIDENT TO PAY STATE VISIT TO KYRGYZSTAN WWW.QAZINFORM.COM PUBLISHED:2025/07/18      2 MONGOLIA AND SINGAPORE MARK 55 YEARS OF DIPLOMATIC RELATIONS WITH RECEPTION IN SINGAPORE WWW.INDIPLOMACY.COM  PUBLISHED:2025/07/18      3 PRIME MINISTER ORDERS TO ACCELERATE THERMAL POWER PLANT REPAIRS AND RENOVATION WWW.MONTSAME.MN PUBLISHED:2025/07/18      4 DROWNING DEATHS IN MONGOLIA RISE DURING NAADAM FESTIVAL WWW.XINHUANET.COM PUBLISHED:2025/07/18      5 THIS MONGOLIAN RAILWAY ADVENTURE RIVALS THE TRANS-SIBERIAN WWW.TELEGRAPH.CO.UK PUBLISHED:2025/07/18      6 CHINA FINDS NEW TYPE OF RARE EARTH IN INNER MONGOLIA WWW.CHINADAILY.COM.CN PUBLISHED:2025/07/18      7 SILK WAY INTERNATIONAL RALLY UNDERWAY IN MONGOLIA WWW.GOGO.MN PUBLISHED:2025/07/18      8 MONGOLIA AND SAUDI ARABIA SIGN AIR TRANSPORT AGREEMENT WWW.AKIPRESS.COM PUBLISHED:2025/07/17      9 MINISTER OF FOREIGN AND EUROPEAN AFFAIRS OF CROATIA ARRIVES IN MONGOLIA FOR OFFICIAL VISIT WWW.GOGO.MN PUBLISHED:2025/07/17      10 EVERYTHING TO KNOW ABOUT HIV/AIDS IN MONGOLIA WWW.BORGENPROJECT.ORG  PUBLISHED:2025/07/17      ЖИЛ БҮР 41.6 ТЭРБУМ ТӨГРӨГ ХЭМНЭХИЙН ТУЛД 29 ХОРОО, ЗӨВЛӨЛИЙГ ТАТАН БУУЛГАВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/18     СУДАЛГАА: МОНГОЛД ГУРВАН ӨРХ ТУТМЫН ХОЁР НЬ ЗЭЭЛЭЭС ЗЭЭЛИЙН ХООРОНД АМЬДАРЧ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/18     ТАНИЛЦ: УИХ-ЫН 2025 ОНЫ НАМРЫН ЭЭЛЖИТ ЧУУЛГАНААР ХЭЛЭЛЦЭХ ХУУЛИЙН ТӨСЛҮҮД WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/18     "РИО ТИНТО"-ИЙН ГҮЙЦЭТГЭХ ЗАХИРЛААР САЙМОН ТРОТТЫГ ТОМИЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/18     “ТОРГОНЫ ЗАМ" АВТО РАЛЛИ ОЛОН УЛСЫН УРАЛДААН ЭНЭ САРЫН 21-Н ХҮРТЭЛ ҮРГЭЛЖИЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/18     ТЭЭВЭР, ЛОГИСТИКИЙН ШИНЭ ЧИГЛЭЛИЙГ БИЙ БОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/18     ХУУЧНЫ АВТОМАШИНЫ ҮЗЭСГЭЛЭНГ СҮХБААТАРЫН ТАЛБАЙД ДЭЛГЭЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/18     Г.ЗАНДАНШАТАР: ЭРЧИМ ХҮЧНИЙ ЗАРДЛАА БУУРУУЛЖ, АШГАА НЭМЭГДҮҮЛСНИЙ ДАРАА ҮНЭ ТАРИФ ЯРИХ ЁСТОЙ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/07/17     МОНГОЛ УЛСЫН ШИГШЭЭ БАГ МАРГААШ КАЗАХСТАНЫ САГСЧИДТАЙ ТОГЛОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/17     МОНГОЛ УЛСЫН ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ БҮГД НАЙРАМДАХ КИРГИЗ УЛСАД ТӨРИЙН АЙЛЧЛАЛ ХИЙНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/17    

Foreign exchange reserves reaches USD 3.7 billion, eight months of imports www.montsame.mn

Ulaanbaatar /MONTSAME/. On November 20, the Parliamentary Standing Committee on Economy conducted the first discussion of a draft resolution on approval of the State Policy on Monetary Policy for 2020. The state policy is aimed at strengthening economic and financial system stability and supporting financial market development. In 2020, an annual inflation rate is projected at 8 percent and mid-term targeted inflation rate is set at 6 percent.

Some measures of legislative reforms in the bank and financial sector and improvement of risk management of the banking sector were also reflected in the draft. The Bank of Mongolia’s operations will be focusing on ensuring economic stability and making its activities more accessible to the public, maintaining positive changes happening in the Mongolian economy and preventing from potential risks.

During the meeting, some statistical information was provided. As of September 2019, the total credit of Mongolia’s the banking sector increased by 10 percent compared to the same period of last year. Indicating that the economic recession period of Mongolia has ended to move forward to period of growth, the actual growth of the economy was at 7.3 percent in the first half of this year and the total foreign exchange reserves held by a central bank was USD 3.7 billion, which is enough to cover imports of 8-9 months.

After reflecting suggestions and proposals from the standing committee members, the draft resolution was forwarded for the parliamentary plenary meeting's discussion.



Published Date:2019-11-21