Mongolia
Coronavirus success helps incumbent MPP to landslide win in Mongolia’s parliamentary election
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
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
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
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
Development bank looks at the resilience of states in the region to falling commodity prices, value chain disruption, declines in tourism and domestic disruption.