GOVERNMENT OF MONGOLIA: MONGOLIA BECOMES THE FIRST SINGLE-B RATED ISSUER FROM ASIA-PACIFIC TO SUCCESSFULLY ENTER THE INTERNATIONAL DEBT MARKETS IN 2023

Written by PR Newswire

Country's budget deficit reduced by 60%
Bond issue four times oversubscribed

ULAANBAATAR, Mongolia, Jan. 12, 2023 /PRNewswire/ -- Mongolia's flagship New Recovery Policy has ensured that the country has eliminated the risk of a default, the country's Minister of Finance has announced.

In a press briefing, B. Javklan said that due to the...

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