At Wednesday’s Government meeting, members decided to repeal the excise tax on diesel fuel because Russia has increased its tax on the fuel by USD 70 per ton.By repealing the excise tax, the Government hopes the price of diesel fuel

The Green Party (GP) has declared it will fight for a “clean state”. The GP says it has decided to implement its duty to the people and will begin a historic event in the country.The declaration states that the party

The Standing Committee on Justice discussed a draft law on anti-corruption on Tuesday. During the discussion, members raised the issue of appointing a new head of the Anti Corruption Authority (ACA). N.Enkhbold said the current anti-corruption law has a provision

Golomt Bank Becomes First Mongolian Bank to Secure Ratings fromthe Two Leading Global Credit Rating AgenciesGolomt Bank is pleased to announce that it has become the first Mongolian bank to be assigned ratings from the world”s two leading global credit

Prime Minister S.Batbold received Sweden’s ambassador to Mongolia, Lars Freden, on Tuesday. The officials talked about developing bilateral relations, including trade and economic ties. S. Batbold underlined the two nations’ traditionally friendly relationship, noting that Mongolia opened its embassy in

The Standing Committee on Budget discussed several budgetary issues on Tuesday and decided to forward them to Parliament.  According to a statement by Finance Minister S.Bayartsogt, the 2012 budget is the first to be drafted after passage of the law

Parliament’s Standing Committee on Budget discussed next year’s Human Development Fund (HDF) allowance. The MPP and DP will fulfill their 2008 election promise, meaning MNT 2.4 trillion will be distributed to citizens in 2012. According to Finance Minister S.Bayartsogt’s speech,

Parliament’s Standing Committee on State Structure and the United Nations Development Program (UNDP) jointly organized a forum called “Conflict during Elections: International Experiences and Lessons” in the Government House on Tuesday.Representatives of Mongolian political parties and other organizations attended the

The Government has decided to allocate more than MNT 1.54 billion from the Reserve Fund to repair environmental damage caused by gold mining operations in banned areas of river and forest basins. The amount covers travel expenses to 12 aimags

A national forum called “Implementing Legislation on Small Mining” was held at Ulaanbaatar Hotel on Tuesday.Mineral Resources and Energy Minister D.Zorigt, Chief of Mineral Resources Authority D.Batkhuyag, Deputy Representative of Switzerland Development Agency Matias Meir, the governors of aimags, and