Minister for Finance S.Bayartsogt presented three draft laws and one draft protocol to the Parliament Speaker on Friday. One relates to the grant of USD79.7 million from Millennium Challenge Foundation, and another to a soft loan for USD43.1 million from the Asian Development Bank to build the Choir-Sainshand-Zamiin Uud road.

Mongolia has a loan agreement with the Kuwait Fund for Economic Development to build Unit-Murun and Unit-Tarialan road. There is another agreement for a Hungarioan soft loan for USD25 million to update the  state owned Biocombinat factory.

The drafts are about approving these contracts.