Recent review The impact of corruption on the local economy in Mongolia Corruption as an obstacle to growth • Mongolia has experienced impressive economic growth in recent years thanks to natural resources such as copper, gold, and coal. But government corruption has damaged public trust and foreign investors. • Cases such as the theft of funds from the National Coal Fund have caused public outrage, widespread protests, and a decline in trust in state institutions. Harm to foreign investment • Previous governments have tried to change agreements signed with mining companies to increase royalties, which has caused an exodus of investors and a sharp decline in foreign investment. • International companies fear political interference, regulatory instability, and unprofessional appointments to key positions. Narrow economic base • The Mongolian economy relies almost entirely on minerals. When commodity prices fell, the country fell into crisis. Corruption exa...
לשכה עצמאית למסחר ותרבות ישראל - מונגוליה Монгол Израйл Соёл, худалдааны танхим Israel Mongolia Culture Trade chamber. CCCCIM