Ulaanbaatar has some 50,000 manholes for
its drinking water and sewage system, 37% of which are the responsibility of
the Mayor’s Office. It has been found that 275 manholes have no lid and Mayor
G.Munkhbayar recently ordered the situation to be rectified urgently.
The General Director of the National
Mortgage Corp (NMC), J.Jargalsaikhan, answers our journalist’s questions.
How
is the mortgage market developing?
Work began in 2003, and now the Apartment
Financing Corp, Ipotek Corp and commercial banks grant loans as part of the
Apartment Financing Project of the
The Standing Committee on the Budget decided
on December 21 to have further discussion on the law draft on the Value Added
Tax. It is proposed to exempt
locally produced wheat and fruits from paying VAT. The Ministry of Road,
Transportation, Construction and Urban
City officials have been demanding more economic
powers and authority for long but no decision has yet been taken. Meanwhile, next
year’s state budget shows an MNT26-billion deficit for the city and the Civil
Representative Assembly will meet on December 23 to discuss
President Ts.Elbegdorj, Speaker D.Demberel
and Prime Minister S.Batbold received on December 21 heads of all diplomatic
missions and international organizations in Ulaanbaatar in the state ceremony
hall with nine white flags.
The President said the annual event was
important because it allowed a review
The Standing Committee on Security and
Foreign Policy has unanimously approved the proposed agreement between Mongolia
and China to send convicted prisoners to their home countries. Mongolia already
has a similar agreement with Canada and South Korea. Once the agreement is
concluded, the exchange
S.Ganbaatar, President of the Confederation
of Trade Unions, answers questions on the recent cancellation of exploration
licenses of 254 gold mining companies working in river basins and forest areas.
Why
do you support the miners against the Government, when the law is meant to
protect
Mongolian
and Indian troops finished their latest two-week drill in counter-insurgency in
Belgaum in western India on Sunday. Nearly 30 officers and personnel of the
Mongolian armed forces participated in the joint exercises called “Nomadic
Elephant” along with 50 officers and personnel of the
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