Commodities recovery tests Mongolia's commitment to reform

Senior officials claim progress on financial stability and diversification

From left, Mongolia’s former prime minister, Batbold Sukhbaatar; Deputy Finance Minister Bulgantuya Khurelbaatar; Erdembileg Ochirkhuu, first deputy governor of the central bank; and Zorigt Dashdorj, adviser to the minister of Foreign Affairs, discuss the prospects and potential for the country's economy, on June 12 in Tokyo. (Photo by Taro Yokosawa)

WATARU SUZUKI, Nikkei staff writer

June 12, 2018 20:19 JST

TOKYO -- Mongolia is pressing ahead with economic reforms despite windfalls from a recovery in the price of coal and other key commodities, senior government and regulatory officials said on Tuesday.