Mongolia pay back loan of USD580 million in first quarter of this year
The Government has found a solution to repay the loan without delay, not causing pressure to the economy or imposing burden on the people, stated Prime Minister J.Erdenebat.
Mongolia will pay back a loan of USD580 million in the first quarter of this year. The Government has found a solution to repay the loan without delay, not causing pressure to the economy or imposing burden on the people, stated Prime Minister J.Erdenebat. He denied the information about Government’s intend to sell 49 per cent of Tavantolgoi deposit with USD400 million and it would be sold to one company. The Government has established a working group, whose suggestions and conclusions will be submitted to the Parliament for discussion. We will not be making decisions that do not meet the interest of Mongolian people regarding this world scale deposit, said PM J.Erdenebat.
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