In the first 8th months of 2012, total balanced revenue and grants of the General Government Budget amounted to 3,099.5 billion togrog, representing a deficit of 483.1 billion togrog.
Investors in Turquoise Hill Resources (previously Ivanhoe Mines) nearing completion of its Oyu Tolgoi project in Mongolia drove up the company's share price 15% last week, despite news that a group of the country's lawmakers wants to grab a bigger stake of the massive coper-gold mine.
Mongolia started its autumn harvests Tuesday, expecting to see the fifth consecutive crop increase annually thanks to favorable weather conditions so far this year.
Mongolian ozeki Harumafuji kicked off his third bid for promotion to sumo"s highest rank of yokozuna with a powerful, if hesitant, win over Bulgarian komusubi Aoiyama on the opening day of the Autumn Grand Sumo Tournament on Sunday.
A land full of vast emptiness – might sound like an oxymoron, but it’s as close as we can get to describing the landscapes of Mongolia. It’s nearly twice the size of Eastern Europe yet is also the least populous country in the world. Here are 10 more interesting factoids about this wonderful region:
South Korea became the biggest winners of the Chinggis Khan 2012 Judo World Cup tournament, which was concluded on Sunday after two-day fierce competition.
The Mongol Rally is a marathon car rally beginning at various locations around Europe and ending in Ulan Bator, Mongolia. This year 879 adventurers took part. Each crossed 10,000 miles of mountains, deserts and rough terrain to reach their final destination.