The Mongol Bank has increased policy rate by 0.5% to 11.5%. Revealing this at a Press conference on Thursday, the Bank officials also said money supply at the end of March was 67% or MNT1. 98 trillion more than in

The Government meeting on Wednesday discussed several measures in the energy sector and approved a long-term plan for its development. It deals with issues such as loans earlier taken by state owned companies, and Baganuur and Shivee-Ovoo. With changes in

Specialists at the Water Board today began a training course on water conservation for people from the Ministry of Nature, Environment and Tourism and the State Specialized Inspecting Agency. The Government has declared 2011 as Year of Water. The training

Famous for its folk rock music, the Altan Urag band will soon give a public
performance jointly with other bands. Singer B.Sarantuya, bands Nisvanis, the
Lemons, Fire, A Sound, Ice Top, Khurd and Tatar will take part in the
performance.

Parliament  today agreed to further discuss a draft law initiated by President Ts.Elbegdorj to give all 140,000 students  at all the 111 recognized universities and institutes in the country  an annual stipend of MNT700,000. The measure will cost the state

Representatives of the People’s Assembly and civil movements behind it have demanded wider coverage of their demonstration by the Mongolian National Public Radio and Television. They have also gone round Government House and the Ministry of Nature, Environment and Tourism

Prime Minister S.Batbold, Minister for Health S.Lambaa, officials of the
Ulaanbaatar Mayor’s Office and managing officials and workers of
Niislel Urguu and Puma construction companies yesterday attended the
foundation stone laying ceremony of a new maternity and children’s hospital with

Some MPP officials, including Secretary General U.Khurelsukh, MPs D.Ochirbat and D.Zagdjav, Minister for Food, Agriculture and Light Industry T.Badamjunai and Managing Council member D.Sarangerel recently visited North Korea. There they met with various leaders including the Chief of the People’s

Representatives of Parliament appointed by the Speaker yesterday met with leaders of People’s Assembly. On one side of the table at the meeting in Government House were the Chiefs of the Standing Committees on State Structure J.Sukhbaatar, on the Economy,

Speaker D.Demberel yesterday received delegates of Irkutsk province of Russia headed by Chief of Legislative Assembly L.M. Berlina, who are here at the invitation of the Mongolia-Russia Parliamentary Group. Chief of the Standing Committee on the Economy D.Zorigt, MPs D.Arvin