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Mongolian Foreign Minister Tsend Munkh-Orgil fields interview questions in Tokyo on June 5.

Mongolian minister 'confident' on structural reform

The resource-rich country is looking to diversify into agriculture, tourism

TSUBASA SURUGA, Nikkei staff writer | Mongolia, Central Asia, Afghanistan

TOKYO -- Mongolia will be able to implement the structural reforms it has agreed to with the International Monetary Fund, Foreign Minister Tsend Munkh-Orgil told the Nikkei Asian Review in an interview on Monday in Tokyo.

Last month the IMF approved a three-year, $434 million loan for Mongolia as part of a wider $5.5 billion aid package that is also supported by Japan, South Korea, China, the Asian Development Bank and the World Bank.

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