B. Tuvshin


Monetary Policy

Policy rate should be dropped to single digit 2017-07-06 16:55

The Bank of Mongolia has reduced the policy rate by two points to 12 percent. As a result, the lending rate of commercial banks will decrease and a condition has created to make business active, they explained.  Unfortunately, this will not happen. There is no considerable changes have been m..


Mongolia’s vision 2017-01-25 10:26

People look back at what they have done and how to live and work in the future on New Year's Eve. As I was doing just that, I stumbled upon an article on the website unread.today titled "What needs to be taken into account in setting a New Year’s resolution?" It reminded readers th..


To be self-sufficient, or spoon-fed? 2016-11-21 10:40

  B. Tuvshin (Economist)   Mongolia has been trying to reduce economic centralisation since the transition to democracy and a free market economy. Local self-governing bodies, authorities and territorial units were established by the 1992 Constitution. However, we have not seen b..


Deflation and the Bank of Mongolia 2016-10-10 18:13

 Deflation has taken over Mongolia. The consumer price index has been continuously falling for the past 24 months, as inflation was -0.2 nationwide and -0.6 percent in Ulaanbaatar in August, signalling that the economy is in dire straits. Deflation is caused due to two reasons: over supply o..