403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
USD29.7 billion of external debt in Mongolia
(MENAFN)
The external debt in Mongolia has reached USD30 billion, over twice of the gross domestic product of the country.
Head of the Reserve Management and Financial Markets Department at the Bank of Mongolia, Atarbaatar Enkhjin, is quoted saying that "Our country's external debt stood at 29.7 billion U.S. dollars at the end of the first half of this year".
Economists and scholars in the country discussed ways to advance optimal strategies to manage external debt and raise foreign currency reserves.
The GDP of Mongolia was valued of around USD13 billion in 2019.
The external debt in Mongolia has reached USD30 billion, over twice of the gross domestic product of the country.
Head of the Reserve Management and Financial Markets Department at the Bank of Mongolia, Atarbaatar Enkhjin, is quoted saying that "Our country's external debt stood at 29.7 billion U.S. dollars at the end of the first half of this year".
Economists and scholars in the country discussed ways to advance optimal strategies to manage external debt and raise foreign currency reserves.
The GDP of Mongolia was valued of around USD13 billion in 2019.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment