Parliament is reviewing a new $700M loan with India’s Exim Bank to fund increased costs for the Oil Refinery Project, a key initiative since 2017; the deal, at a 1,75% interest rate, includes stricter financial terms and a 20-year repayment plan

A resolution to combat Ulaanbaatar’s air pollution was approved by Cabinet; 32.000-50.000 households in ger districts, areas with traditional yurts using coal, will switch to gas, receiving stoves and subsidies; government will aid in reducing heat loss

Coal exports to China will grow by nearly 20% in 2025 up to 100 million tons; the initiative seeks to enhance energy cooperation and capitalize on China’s demand and the strategy includes infrastructure improvements and streamlined border processes

President Khurelsukh Ukhnaa has launched the “White Gold” National Movement to enhance wool and cashmere industry, aiming to double exports, improve herders’ incomes, create over 8.000 jobs by increasing processing rates and supporting local enterprises

The Best Mongol Calligrapher 2024 International Contest honored its winners at Chinggis Khaan Museum; over 1.200 participants showcased script artistry, coinciding with the script’s reinstatement in public offices