Overview
- The Bank of Mongolia’s Monetary Policy Committee set a 45% debt‑to‑income cap for new consumer loans and raised reserve ratios by one percentage point to 14% (MNT) and 19% (FX).
- President Ukhnaagiin Khurelsukh issued a decree directing the government to institutionalize the development of traditional medicine, including legal frameworks, quality controls, training and innovation.
- Ulaanbaatar approved 8.9 billion MNT for a program that will provide milk three days a week to about 189,600 pupils in grades 1–5 starting January 26.
- Senior lawmakers advanced discussions to improve the legal and regulatory environment for renewable energy and to build charging infrastructure envisioned for 100,000 electric vehicles under a recent parliamentary resolution.
- National meteorological authorities warned of a strong cold snap through January 20, with Ulaanbaatar around −24 to −26°C and extreme lows in many regions.