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Mongolia|business|October 11, 2016 / 05:10 PM
Mongolian Stock Exchange said to be privatized

AKIPRESS.COM - Mongolian-Stock-Exchange The Mongolian Stock Exchange has been proposed to be privatized, News.mn reported referring to a meeting of the Cabinet of Ministers.

The Mongolian Stock Exchange, the state-owned shareholding company, will be probably privatized for 20 billion togrog (around US$8.81 million) by the Ministry of Finance.

The Mongolian Stock Exchange's losses amounted to 613 million togrog ($270 thousand) during the first six month of 2016.

According to the Ministry of Finance, 70% of state-owned companies in Mongolia are operating at a loss.

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