The President’s Office, Mongol Bank, and the National Development and Reform Committee jointly organized an open forum on currency policy in the auditorium of the University of Mongolia on Wednesday.Participants heard about the Mongol Bank’s basic principles of currency policy,

Former Anod Bank official N.Davaa, who was convicted and sentenced for swindling shareholders of the now defunct bank, is resting at his home after surgery.He had been jailed since April 2011, but was allowed to be hospitalized in September for

The fourth conference of the Mongolian coal industry’s managing officials will soon be held at the Bishrelt Hotel in Ulaanbaatar.Head of the Mineral Resources Authority D.Batkhuyag will open the conference and Mineral Resources and Energy Minister D.Zorigt will take part

Speaker D.Demberel received a delegation from the Asian Development Bank (ADB) headed by its president Haruhiko Kuroda on Tuesday. D.Demberel noted that the ADB is the biggest investor in Mongolia because it has invested USD 2 billion during the last

Celebrated sumo wrestler D.Byambadorj, who is from Ulaanbaatar, was married in Japan on October 10. Byambadorj holds title “Ozeki” in Japan, where he is known as Harumafuji. The wedding service was held according to sumo traditions, and the bride, M.Battuul,

At the Government meeting on Wednesday, numerous draft laws will be discussed, including those on: savings insurance; audits; ratification of an international treaty on email; IT and communications; and measures concerning the Zamiin-Uud border point in Dornogobi aimag.
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The Standing Committee on Nature, Environment, Food and Agriculture discussed a draft law on land on Tuesday and members approved its further discussion. They established a working group headed by Su.Batbold. Members made some suggestions, such as establishing “satellite towns”

A development conference organized by the Finance Ministry at the Terelj Hotel has concluded. Entitled “MON-ADB Partnership: A Roadmap for a Happy, Healthy, and Harmonious Mongolia,” the conference was held to mark the 20th anniversary of Mongolia’s membership in the

Deputy Speaker N.Enkhbold received Thierry Mera, the head of the International Red Cross for Eastern Asian, on Tuesday. The officials discussed cooperation between the Mongolian Red Cross Society and the International Red Cross Committee. Thierry Mera said the International Red

The Standing Committee on Nature, Environment, Food and Agriculture met on Tuesday to discuss proposed revisions to the 2011 budget.Some analysts say the budget should not be revised, but Finance Minister S.Bayartsogt said it was necessary to include a MNT