DP MP unhappy at slow progress of financial decentralization - News.MN

DP MP unhappy at slow progress of financial decentralization

Old News! Published on: 2010.10.13

DP MP unhappy at slow progress of financial decentralization

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Ts. Sedvanchig, a DP member of
Parliament from Khuvsgul, has expressed dismay that his proposed amendments to
the law on inviting tender bids have not been placed before Parliament even
after one year of their submission to the Finance Ministry. Policy reforms have
been introduced in several areas, and his proposals would give more financial
decision-making power to local authorities. Such decentralization is an
essential component of the intended reforms, but the MP feels vested interests
in the bureaucracy do not wish to let got of their authority in any way and are
against giving the regions the power even to decide who paints the roof of
local schools or the walls of hospitals.

He submitted his draft to Minister of Finance S. Bayartsogt more than a year
ago but has received no specific response. “It would be difficult for me to say
whether the Minister himself does not realize its significance or whether his
structural servants don’t allow it to go forward,” he said. He also expressed
surprise and regret that the failure of two of the designated banks to provide
their share of SME credits even after nine months of the year are over has
badly affected business development in the provinces, but the Government has
not managed to come up with any other solution.

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