1 XI VOWS CLOSER TIES WITH GHANA, MONGOLIA WWW.CHINADAILY.COM.CN PUBLISHED:2020/07/07      2 CHINA BUBONIC PLAGUE: INNER MONGOLIA TAKES PRECAUTIONS AFTER CASE WWW.BBC.COM PUBLISHED:2020/07/07      3 FAST TRACK BORDER PASSAGE FOR CHINA, MONGOLIA TO REBOOT TRADE LINKS WWW.GLOBALTIMES.CN PUBLISHED:2020/07/07      4 FORMER PM J.ERDENEBAT SENTENCED TO SIX YEARS IN PRISON WWW.NEWS.MN PUBLISHED:2020/07/07      5 RECOVERY RATE IN MONGOLIA REACHES 85 PERCENT WWW.NEWS.MN PUBLISHED:2020/07/07      6 EASTERN REGION REFINED COAL FACTORY UNDER DEVELOPMENT WWW.MONTSAME.MN PUBLISHED:2020/07/07      7 THE U.S. REITERATES ITS COMMITMENT TO SUPPORT MONGOLIA’S THIRD NEIGHBOR POLICY WWW.MONTSAME.MN PUBLISHED:2020/07/07      8 COPPER PRICES MAY SEE ‘SUPERCHARGED RECOVERY’ IN 2020 WWW.RT.COM PUBLISHED:2020/07/07      9 CHINA-MONGOLIA BORDER PORT SEES MORE CHINA-EUROPE FREIGHT TRAINS IN H1 WWW.HELLENICSHIPPINGNEWS.COM PUBLISHED:2020/07/06      10 MONGOLIA TO DEVELOP ZAMYN-UUD FREE ZONE WITH ADB LOAN WWW.NEWS.MN PUBLISHED:2020/07/06      ГАДААД ВАЛЮТЫН АЛБАН НӨӨЦ БУУРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2020/07/07     ДАВХАР АВТОБУС НЬ ЭНГИЙН АВТОБУСААС 10 ДАХИН ХЯМД ӨРТӨГ ЗАРЦУУЛЖ БАЙНА WWW.UNUUDUR.MN НИЙТЭЛСЭН:2020/07/07     АЛТАНБУЛАГИЙН БООМТООР ОРЖ ИРСЭН ТАВАН ХҮНЭЭС КОРОНАВИРУС ИЛЭРЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/07     МОНГОЛБАНК 2.3 ТОНН ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВЛАА WWW.EAGLE.MN  НИЙТЭЛСЭН:2020/07/07     ХУДАЛДААНЫ САЛБАРЫН НИЙТ БОРЛУУЛАЛТ ЭХНИЙ ТАВАН САРД 10.7%, УЛААНБААТАРТ 12.8% БУУРАВ WWW.IKON.MN НИЙТЭЛСЭН:2020/07/07     COVID-19-ИЙН НӨЛӨӨНӨӨС ҮҮДЭЛТЭЙ ГЭР БҮЛИЙН ХҮЧИРХИЙЛЛЭЭС СЭРГИЙЛЭХ, БУУРУУЛАХАД АХБ $440 МЯНГААР САНХҮҮЖҮҮЛНЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/07/07     БОРООНЫ УЛМААС АВТО БОЛОН ЯВГАН ХҮНИЙ ЗАМД НИЙТ 4.7 ТЭРБУМ ТӨГРӨГИЙН ХОХИРОЛ УЧИРЧЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/07/07     МИНИЙ МАШИН УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ДАХИН ЭХЭЛЛЭЭ WWW.UB.LIFE  НИЙТЭЛСЭН:2020/07/07     ШИНЭЭР АВСАН ЗЭЭЛ, ӨРИЙН ЭРГЭН ТӨЛӨЛТИЙН ХАРЬЦАА 133 ХУВЬД ХҮРНЭ WWW.NEWS.MN  НИЙТЭЛСЭН:2020/07/06     ХӨРӨНГИЙН БИРЖИД 2.9 САЯ ХУВЬЦАА АРИЛЖИВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2020/07/06    

BoP deficit reaches USD 665.4 million www.zgm.mn

The foreign direct investment totaled USD 491.4 million, decreased by more than 20 percent year on year. The Bank of Mongolia (BoM) emphasized that the Oyu Tolgoi project made up more than 90 percent of the foreign direct investment as of the first quarter of the year.

In the first four months of 2020, the balance of payments (BoP) showed a deficit of USD 665.4 million. The BoP deteriorated by USD 988 million compared to a surplus of USD 322.9 million in the same period last year. As the balance of payments deteriorates, the current account balance deficits USD 389.6 million. At the end of April last year, the current account surplus was USD 689.3 million. Major exports fell sharply due to border restrictions imposed to prevent COVID-19 during the period. Specifically, coal exports at the end of May shrunk 2.6 times than the previous year. In terms of inflows, foreign direct investment totaled USD 491.4 million, which decreased by more than 20 percent year on year. The Bank of Mongolia (BoM) emphasized that the Oyu Tolgoi project made up more than 90 percent of the foreign direct investment as of the first quarter of the year.



Published Date:2020-06-04