AGP Executive Report
Last update: 3 hours agoAviation & Trade Links: China’s homegrown COMAC C919 has started regular international commercial flights, with Air China launching the Beijing–Ulaanbaatar route and marking a ceremonial water-cannon welcome on arrival. Monetary Policy: Mongol Bank raised the policy rate by 0.5 points to 12.5% and increased the reserve ratio for tugrug deposits to 14.5%, citing accelerating core inflation and external price pressure. COP17 in Ulaanbaatar: Ahead of UNCCD COP17 (Aug 17–28), Ulaanbaatar will temporarily close parking at Dunjingarav and Narantuul and run free short-route shuttle buses; the National Committee will also address taxi permits and payment-system rules. City Services & Safety: Ulaanbaatar is partially clearing Sambalkhundev Cemetery (70 hectares planned; 18.1 hectares starting this year), with families consulted on relocation and remains handled if no contact is made. Local Governance & Labor: Parliament Speaker Byambatsogt met labor and employer groups to discuss labor-law implementation, collective agreement disputes, and needed legal reforms.
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