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Tokyo extends US$850m in loans to Mongolia as part of bailout deal

Japan and South Korea will together provide up to US$3b in aid to the cash-short country, says IMF

Fri, Mar 31, 2017 - 5:50 AM

Tokyo

JAPAN has pledged US$850 million in loans to Mongolia as part of a US$5 billion multilateral and bilateral bailout package being coordinated by the International Monetary Fund (IMF) to support the country's struggling economy.

Japan and South Korea will together provide up to...

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