Parliament ratified on Saturday two loan agreements. The first is for a Chinese loan of USD500 million repayable in 20 years with 2% annual interest. The other is from the International Development Association to develop the mining sector. The session

UNESCO has included Mongol Naadam in its Intangible Heritage List. Visiting Director-General of UNESCO, Ms. Irina Bokova, handed over a certificate to this effect to Prime Minister S.Batbold on Saturday. Batbold expressed happiness at this international recognition given to Mongolian

Mongolian Chess Union has organized the Mongol Chess-2011 tournament between July 10 and 12 to mark the anniversaries of the Khunnu State, the Great Mongol State, Independence and People’s Revolution. Altogether 128 men and 64 women chess players are competing

The Mongol Bank has issued a report on basic trends in the economy. At the end of May, inflation was in single digit and foreign currency reserve stood at USD2 billion and 343.28 million. The bank has granted permission to

MPs voiced strong criticism of the Government’s failure to reduce air pollution as the Standing Committee on Budget yesterday discussed budget outlines for 2012 and a general draft of the budget in 2013 and 2014. S. Oyun wanted action to

Deputy Speaker G.Batkhuu yesterday received Ukrainian Ambassador Yu. V. Kostenko and exchanged opinions with him on bilateral cooperation and development of inter-parliament relations. Batkhuu said that the present cooperation between the countries in culture, science and agriculture can encompass other

The Standing Committee on Social Policy, Education, Culture and Science yesterday approved a draft law on student stipend that has been submitted by President Ts.Elbegdorj. The chief of the Cabinet Secretariat, Ch.Khurelbaatar, asked for a postponement as the financial obligations

An MPRP meeting yesterday passed some new rules, in response to an emergency situation caused by a politically unstable situation in the country and efforts to split the MPRP. Members have given party head N.Enkhbayar the sole authority to appoint

The Chief of the DP, N. Altankhuyag, has offered his greetings and congratulations to the people on the occasion of Naadam, which will also be celebrated as anniversaries of Khunnu State, the Great Mongol State, Independence and People’s Revolution. Speaking

The Court of Sukhbaatar District yesterday said that no other party can use the name, symbol and flag of the MPRP, the earlier name of the MPP. The ruling came in response to an MPP complaint that its old name