We are located geopolitically between two superpowers (China and Russia). We are very sensitive to global economic fluctuations, which is a blessing … - Luvsannamsrain Oyun-Erdene

A very difficult crisis between Russia and Ukraine that began on 24 February (2022) has become one of the most pressing geopolitical challenges for the world. This is a blow to the economies of countries that have just begun recovering from the two-year (COVID-19) pandemic and to the positive outlook of the world's banking and financial institutions on economic growth. Now, we are also facing the challenge of how to grow the Mongolian economy in these difficult times – but we are optimistic.

Vision 2050, Mongolia's long-term development policy, is committed to creating a comprehensive, multifaceted development system that fully supports individuals with disabilities and guarantees their equal participation in society. As part of this overarching vision, we are establishing a Center for the Development of People with Disabilities in every province and district (in the country). Our focus is not just on providing physical infrastructure; it's about delivering essential care services and, more importantly, safeguarding the voices and rights of individuals with disabilities within our society. We must work towards changing societal attitudes towards disabilities.

Once this (grid energy storage) construction is put into operation, the independence of the central power system will reach a new level. In the context of energy recovery, renewable energy sources, including the construction of hydropower plants, will be made a priority, and we will make every effort to complete the construction of the Erdeneburen Hydropower Plant and start the Eg River Hydropower Plant project. Also, construction projects such as the expansion of Thermal Power Plant 3 to increase its capacity by 75 MW and upgrade to 250 MW, Tavantolgoi Thermal Power Plant, Baganuur Power Plant and Choibalsan Thermal Power Plant to increase capacity by 50 MW will be kicked off without delay. Most recently, the construction of the 116 MW Amgalan Thermal Power Plant, which will provide thermal energy for the eastern region of Ulaanbaatar City, has been started.