Mongolia will 'walk the walk' to revive economy

Ulaanbaatar

IN THE face of the current crisis, Mongolia cut spending and requested support from the International Monetary Fund (IMF).

To turn the economy around, the new government aims to lure foreign money to pay for stalled infrastructure and mining projects.

"It's important to not only talk the talk, but to walk the walk, and that's what we intend to do," Foreign Minister Munkh-Orgi…