THE ACCUMULATED ASSETS OF THE NATIONAL WEALTH FUND HAVE REACHED MNT 7.7 TRILLION

THE ACCUMULATED ASSETS OF THE NATIONAL WEALTH FUND HAVE REACHED MNT 7.7 TRILLION



🇲🇳 The total accumulated assets of the National Wealth Fund have reached MNT 7.7 trillion.

➡️ Of this amount, MNT 1.1 trillion has been accumulated in the Savings Fund, while MNT 6.6 trillion has been accumulated in the Future Heritage Fund. The assets of the Future Heritage Fund have increased by 66.5 percent compared to the previous year.

✅ The Future Heritage Fund is funded through royalties from the use of mineral resources, while the Savings Fund is financed through dividends attributable to the State from state owned legal entities operating in the mining sector.

🇲🇳✅ “Chinggis Khaan National Wealth Fund” LLC is working to ensure that the assets of the National Wealth Fund are managed independently and professionally in line with international standards, while also expanding and diversifying the fund’s sources of capital.

➡️ This direction is significant for strengthening long term financing sources at both national and local levels, ensuring the efficient management of assets, and sustainably financing development projects and programs.

🇲🇳✅ UBIM manages the Capital City Startup Business Support Fund, the Capital City Green Fund, the Capital City Risk Management Fund, and the Capital City Development Funds on a fiduciary basis. Through these funds, the company works to mobilize non-budgetary sources of financing and support the financing of the capital city’s development projects and programs.