Mongolia Liabilities liabilities to the independent national long innawoods

Mongolia: Liabilities liabilities to the independent national long-term U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes of Beijing on the evening of 20 FT news commodity weak impact on the Mongolia economy, Mongolia total debt has reached $23 billion 500 million, including $8 billion 400 million for government debt also, the public debt. Liabilities to self-reliance, the infected cattle to fatten up. Mongolia folk proverbs in Ulan Bator’s largest wholesale meat market stall and Seoul Gan Le graph (Gantulkhuur) with a block in front of the peeled lamb, she has become a small part of Mongolia’s debt across the frenzy in the. She suddenly took out a small book, a page in neat rows of letters Cyril recorded the names and numbers, record increasingly close, because credit retailer has become her major buyers. As retailers, their sales is relatively small (Mongolian mutton staple), also sell cheap haggis (because customers are as far as possible to save the use of their own savings). "I could have sold out all the meat in a day, but I can’t do it now," said joy and cole." Mongolia was once the darling of emerging market economies during the commodities boom. Foreign mineral company flocking to develop the country’s Grassland and desert reserves of mineral resources, by the promotion of Mongolia’s GDP in 2011 increased by 17% (GDP). But rely on debt financing boom vertex spending binge in the past, this landlocked country by commodity market has become one of the hardest hit countries down. Mongolia self-help efforts showed a convex "resource curse" (resource curse) and the danger, the theory that countries with abundant natural resources will find themselves subject to boom bust cycle at the mercy and this cycle can destroy the accumulation of wealth. Recently, the government of Mongolia has announced that it will cut its budget and raise its interest rate by 4.5 percentage points to prevent the devaluation of its currency. The international financial institutions are now ready to provide loans to request assistance to deal with Mongolia to withstand the debt crisis next year Senran approximation may be proposed. At the same time, China’s creditors began to require the Mongolia government to give them more investment concessions, Western investors have expressed dissatisfaction with similar issues. Even if Mongolia has weathered the financial crisis, individuals and businesses are still struggling to cope with the debt crisis in a high interest rate environment. Most of the Mongols, once known for their nomadic lifestyle, have now become urban dwellers, and the traditional culture of self-sufficiency has been replaced by the lifestyle of almost everyone. The influx of mining funds has helped create jobs and social welfare programs. The data from the World Bank show that the poverty rate in Mongolia has fallen from 39% in 2010 to $22% in 2014. But living in the city also means spending money everywhere, from food and clothing to childcare, and jobs and government cash relief at 3相关的主题文章: