Mongolia

Coronavirus success helps incumbent MPP to landslide win in Mongolia’s parliamentary election

Anand Tumurtogoo in Ulaanbataar June 25, 2020

New government will face difficulties arising from faltering growth, falling commodity exports, repayment of foreign debt, money laundering issues and continuing tensions over foreign investment in country’s copper and gold mines.

Mongolia to hold eighth parliamentary election

Kanat Shaku in Almaty June 23, 2020

Incumbent Mongolian People’s Party (MPP) faces challenges from opposition Democratic Party (DP) and record number of independent candidates. Analysts point to politically motivated arrests of contenders in run-up to vote.

Mongolia scraps $3bn IPO for shares in flagship coal mine

bne IntelIiNews April 29, 2020

Decision made amid pandemic disruption to financial markets and with one eye on vote-shifting distrust of foreign investors ahead of elections.

IMF to the rescue

bne IntelliNews April 16, 2020

The stop-shock caused by the coronavirus (COVID-19) pandemic has brought economies around the world to a screeching halt. 85 countires have turned to the IMF, the lender of last resort, for help

EBRD reveals CEE/Eurasia economies’ vulnerability to external shocks amid coronavirus crisis

bne IntelIiNews April 1, 2020

Development bank looks at the resilience of states in the region to falling commodity prices, value chain disruption, declines in tourism and domestic disruption.

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