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...