Simple directory > Regional > Mongolia

Country : Mongolia Official name: Mongol Uls (The State of Mongolia) Head of State: President Natsagiin Bagabandi (MPRP) (since May 1997; re-elected 20 May 2001) Head of government: Prime Minister Tsakhiagiin Elbegdorj (MDC) (appointed by parliament 20 Aug 2004) Ruling party: Coalition government: Mongolian People's Revolutionary Party (MPRP) and Motherland Democratic Coalition (MDC) (from Aug 2004). Area: 1,565,000 square km Population: 2.61 million (2004) Capital: Ulaanbaatar (Ulan Bator) (formerly Urga) Official language: Khalkha Mongolian Currency: Tugrik (Tug) Exchange rate: Tug1,209.00 per US$ (Nov 2004) GDP per capita: US$438 (2003) GDP real growth: 5.50% (2003) Labour force: 1.40 million (2003) Unemployment: 3.80% (2003) (official); 20.00% (2003) (unofficial) Inflation: 4.70% (2003) Balance of trade: -US$158.00 million (2003) Foreign debt: US$1.10 billion (2003) Annual FDI: US$113.00 million (2003)

Historical profile

The Mongolian People's Republic (MPR) was formerly known as the Manchu Province of Outer Mongolia.

1911 Following the republican revolution, Mongolian princes declared the province's independence.

1921 The Mongolian People's Party was founded and a Provisional People's government was established.

1924 The Mongolian People's Republic was proclaimed.

1961 Mongolia became a member of the UN, and was accorded diplomatic recognition by West European states.

1987 Mongolia was finally granted diplomatic recognition by the US.

1991 Mongolia's main backer, the USSR, disintegrated, ending decades of economic and political support for the country.

1992 A new constitution was introduced, establishing Mongolia as a democratic parliamentary state. Mongolia's official title became the State of Mongolia.

1997 Natsagiin Bagabandi of the Mongolian People's Revolutionary Party (MPRP) (formerly the Mongolian People's Party), was elected president.

1999 Rinchinnyamiyn Amarjargal became prime minister.

2000 The MPRP won the parliamentary elections. Nambariin Enkhbayar, leader of the MPRP, was elected prime minister by the Great Hural.

2001 The incumbent president, Natsagiin Bagabandi of the MPRP, was re-elected.

2002 Prime Minister Mikhail Kayanov of Russia visited Mongolia to boost economic co-operation between the two countries.

2003 Two Mongolians, who visited northern China, became the country's first confirmed Severe Acute Respiratory Syndrome (Sars) cases.

2004 In April, the World Bank endorsed a new Country Assistance Strategy (CAS) and US$18 million urban water credit. On 20 August, parliament appointed Tsakhiagiyn Elbegdorj (MDC) as prime minister and on 28 September, parliament approved his cabinet.

2005 Nambaryn Enkhbayar of the MPRP won the 22 May presidential elections.

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