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

The MPP caucus at Parliament discussed the issue of distributing Tavantolgoi LLC shares and decided that 20 percent of the shares should be distributed to citizens. According to the 39th protocol of Parliament, ten percent of the shares are to

The Ministry of Mineral Resources and Energy is planning to start a MNT 28 billion petroleum reserve in 2012. The move comes as petroleum importers and economists are warning of another financial crisis early next year. It’s also hoped the

State Prosecutor General D.Dorligjav received the United Kingdom’s ambassador to Mongolia, Thorda Abbott-Watt, on Monday.Thorda Abbott-Watt said the English government has decided to finance a “prosecutor exchange” with the State Prosecutors’ General Office of Mongolia, in cooperation with the International

The Standing Committee on Economics approved a EUR 40 million loan from Austria on Monday.  Mongolia first requested a “soft loan” from Austria in 1991. In 2010, Austria agreed to loan Mongolia the EUR 40 million at a rate of