Deputy
Speaker G.Batkhuu has expressed happiness at the way the Government has revised
the draft budget for 2011, following criticism and suggestions from the
Speaker’s Council and the DP group in Parliament. The revenue estimate is now
MNT227 billion higher and its sources have

E. Enkhjargal, chief representative
of the London office of the Mongol Bank, has said Mongolia may launch its debut
international bond early next year and the deal should total around USD500
million to USD600 million, maximum USD700 million. She told reporters on the
sidelines

Mayor G.Munkhbayar has signed a cooperation agreement  with the Social Democracy Youth Union of
Mongolia to implement a program to clean up the Selbe River. The first phase of
the map program will cover three months and include the area from the

Fee
parking was introduced in Ulaanbaatar on December 3. The three areas chosen are
the Khangarid palace, the State Drama Theater, and the Sports Palace. Parking fees
have been fixed at MNT200 per hour, with 60% of the collection to go to the
city

Three Mongolians were arrested in May for withdrawing  money from accounts in a German bank by use of
forged electronic cards. Police think further investigations could increase the
theft to be more than the bank’s oroginal charge of MNT15 million, according to
the

Drivers
breaking traffic rules are being charged with evidence supplied by street
cameras. This is a change from the traditional way of stopping an offender on
the spot. 

This
year’s animal census will include, loke last year, apart from the five major
animals – sheep, goats, camels, horses, and cattle — pets, pigs, poultry birds,
donkeys, reindeer and bees. All preparatory work is almost finished and the results
of the counting will

Minister of Mineral Resources and Energy, D.Zorigt,
answers some MPs’ concern that the 34% share of Mongolia in Oyutolgoi LLC is
being reduced.

Did
the secret meeting of the Representing Managing Council (RMC) of Oyutolgoi accept
that the 34% ownership of shares is coming down?
The

Our journalist talked to MP Z.Enkhbold about recent claims
by some MPs that the 34% share of Mongolia in Oyutolgoi LLC is being reduced.
Why do you say so?
There are two contracts  relating to Oyutolgoi,
one on investment and the other on shareholding.

Parliament agreed on Friday to further discuss a draft resolution
on the energy sector  and returned it to
the Standing Committee on the Economy for processing. The draft was
submitted  in the name of 12 MPs,
including A.Tleikhan and N.Batbayar.

It seeks to improve the