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LOCAL ECONOMIC DEVELOPMENT DESK STUDY

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2300<br />

2100<br />

1900<br />

1700<br />

1500<br />

MNT<br />

1300<br />

1100<br />

900<br />

700<br />

500<br />

300<br />

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Year<br />

Bayan-Ulgii Govi-Altai Zavkhan Uvs Khovd Ulaanbaatar<br />

For the remote aimags of the western region fuel prices have important impact on production and<br />

services costs. As we look at Picture-5 the fuel price increase has less fluctuations compared with<br />

those of other commodities. The price was different in Ulaanbaatar and the western aimags before<br />

2003, but the difference has decreased. The fuel price has been going up since 2003 nationwide and<br />

it has been slightly higher in Govi-Altai and Uvs aimags than in other aimags.<br />

Picture-6.<br />

Fuel price per liter, MNT<br />

900<br />

800<br />

700<br />

600<br />

MNT<br />

500<br />

400<br />

300<br />

200<br />

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006<br />

Bayan-Ulgii Govi-Altai Zavkhan Uvs Khovd Ulaanbaatar<br />

Year<br />

- 9 -

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