Prime Minister S.Batbold reported to Parliament on the results of an “Innovation Activity” program on November 4. He stated that the Government’s goal is to develop a high-tech industry. In that context, he said 20 biochemistry projects and 17 nanotechnology

A discussion about the financial issues concerning health care in Mongolia was held last Friday in Civil Chamber under the President. Health Minister S.Lambaa read a paper called “Health Finance Strategy,” Finance Ministry budget specialist B.Munkhtuul read a paper called

Parliament approved a new state monetary policy on Friday and forwarded it to the Standing Committee on Economics. But some MPs were critical of the policy, saying it shouldn’t be approved until the 2012 state budget is finalized, and that

Mongol Bank President L.Purevdorj has announced that inflation in Mongolia now stands at 10.5 percent. The Government says it plans to keep inflation in the single digits next year, but with large salary and pension increases in the proposed 2012

The Prague Zoo says it will transport more rare wild horses
to Mongolia next year as part of its efforts to reintroduce the endangered species
to its native habitat.

The zoo sent four of its Przewalski horses to the Khomiin
Tal reserve in western

The Housing Finance Corporation has finished drafting rules for the Government’s “100,000 Apartments” program.According to the draft rules, eligible first-time home buyers can obtain 25-year loans at a six-percent interest rate from commercial banks. Apartments purchased under the program must

At Friday’s session of Parliament, MPs discussed a draft protocol on the structure of state administration.Instead of putting the Finance Ministry in charge of purchasing goods and services for the state, the MPs gave that responsibility to the State Property

Managing officials from Ulaanbaatar are visiting the city of Khuh in China’s Inner Mongolia Autonomous Region.The delegation is headed by Ulaanbaatar’s deputy mayor, B.Baatarzorig The delegates met with Khuh city officials and discussed ways to increase cooperation between the two

The MPP’s managing council met on Wednesday and announced plans to hold a party conference on November 28 to discuss the 2012 election and to report on the party’s work since changing its name from the MPRP to the MPP.The

Parliament is debating a protocol about state monetary policy in 2012.N.Ganbyamba said salaries aren’t keeping up with inflation, which hurts the people. He said Government salaries have increased by 136 percent since 1990 while inflation has increased by 154 percent.