Government and institution measures in response to COVID-19.
Government and institution measures in response to COVID-19.
Return to homepage | Last updated: 24 June, 2020
Click here to see a comprehensive summary of jurisdictional tax measures and government reliefs in response to COVID-19.
On March 11, the Bank of Mongolia (BOM)
On March 18, the BOM and the Financial Regulatory Commission implemented temporary financial forbearance measures on prudential requirements, loan classifications, and restructuring standards.
On April 13, the BOM:
Exchange rate and balance of payments
In line with the closure of border to China, most mineral exports to China, accounting for about 90 percent of total exports, have been suspended since February 10, though coal exports started to gradually resume on March 15.