Today a forum entitled the “Development of the Financial Market” is taking place in Government House.
Parlaimentary Speaker Z.Enkhbold has presented a speech in which he said: “Currently, 4.7% of GDP is generated by the financial sector. Of this figure, 4% is made of banks and 0.7% other sectors. This indicates that the development of the financial sector is not enough, in comparison with other countries.
Last week, at the Mongolian Stock Market, 34% of the “Mongol Post” was successfully exchanged. This was despite the fact that the internal and external economic situation was tough. In 2015, Mongolia conducted some significant exchanges, the likes of which have not been undertaken in the last 25 years”.