During Tuesday`s Standing Committee meeting on the economy, the resignation of the Minister of Economic Development was discussed. The resignation was not accepted by a majority vote.

Only one MP out of 14 who attended the Standing Committee meeting voted in favour of the resignation of the Minister of Economic Development, N.Batbayar. The remaining 14 MPs rejected the resignation. Therefore the issue of the resignation of the Minister of Economic Development is to be submitted to a Parliamentary plenary session meeting.

MP and head of the MPP caucus, S.Byambatsogt, stated the justification for the resignation of the Economic Development Minister, saying that "the economic conditions are getting worse, and the number of wage-earners and salaried employees is decreasing. Investment is frozen, and dozens of organisations are close down. Besides, the Economic Development Minister violated the Law on Sustainable Budget." This statement was submitted by 26 MPs of from the minority caucus.

There has been no query or suggestion for the Economic Development Minister N.Batbayar.