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The economy of Mongolia has traditionally been based on agriculture and livestock. Mongolia also has extensive mineral deposits: copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. Soviet assistance, at its height one-third of Gross domestic product (GDP), disappeared almost overnight in 1990 ...
In 1940 some 34.6 percent of revenues came from the turnover tax (a value added tax on each transaction), 7.8 percent from deductions from profits, 16.7 percent from taxes on the population, and 40.9 percent from other kinds of income. In 1985 nearly 63 percent of revenues came from the turnover tax, 29.9 percent from deductions from profits, 3 ...
Headquartered in Ulaanbaatar, Mongolia, the Mongolia Economic Forum is a non-governmental organization and was established in 2010. The NGO's highest governing body is the Board of Directors. Chairman of the Mongolia Economic Forum NGO is Пунцагийн Цагаан. Director of the Mongolia Economic Forum NGO is Lakshmi Bodsho.
The name Mongolia means the "Land of the Mongols" in Latin. The Mongolian word "Mongol" (монгол) is of uncertain etymology, given variously as the name of a mountain or river; as a corruption of the Mongolian Mongkhe-tengri-gal ("Eternal Sky Fire"); or as a derivation from Mugulü, the 4th-century founder of the Rouran Khaganate, first attested as the 'Mungu', (Chinese: 蒙兀, Modern ...
The Ministry of Finance of Mongolia (MOF) is responsible for managing the public finances of Mongolia. Ministers of Finance. Gadinbalyn Chagdarjav, 1911- 1915; Luvsanbaldan, 1915 - 1919; Gombojavyn Luvsantseveen, 1920 - 1921; Dambyn Chagdarjav, 13 March 1921 - 17 April 1921; Darizavyn Losol, 17 April 1921 - 10 July 1921
In 2008, the IRS presented a discussion of US Federal income tax to Director General Zorig Luvsandash from the General Department of National Taxation of the Republic of Mongolia. In August 2011, Joe Biden made the first visit to Mongolia by a sitting U.S. Vice President since Henry Wallace toured the region in 1944.
Youth in Mongolia constituted 18.7% of the population in 2014, numbering roughly 552,000 individuals. The 15–19 age group is the largest in Mongolia; in 2009 about 40% of the population was under 19 years old.
Genghis Khan (born Temüjin; c. 1162 – 25 August 1227), also Chinggis Khan, [a] was the founder and first khan of the Mongol Empire, which he ruled from 1206 until his death in 1227; it later became the largest contiguous empire in history.