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Goat population decreases for the first time since 2002

The final result of the livestock census reveals that Mongolia has 43 million 657 thousand livestock, a figure that is up by 0.9 percent compared to last years’s.
This number includes 275.1 thousand camels, 2206.7 thousand horses, 2579.6 thousand cattle,

State Universities could be merged

The Ministry for Education, Culture and Science will submit to the Government on January 20 a new set of proposals relating to accreditation of universities and institutes. According to the Vice Minister for Education, Culture and Science, Ch.Kulanda, the proposals

President rebukes adviser for failure in the veto issue

Parliament’s rejection of the President’s veto on the State Budget for 2010 means that every MP will now get MNT1 billion to spend in their constituency. The President was against this but he is not blaming Parliament for not agreeing

Ch.Khurelbaatar: The decision to raise electricity tariffs is wrong

MP and Minister of Mongolia, Ch.Khurelbaatar, talks about the decision of the Council of Regulators of the Energy Regulation Department to raise electricity and heating tariffs and explains the Government’s position in answer to questions.
The Energy Regulation Department has decided

S.Bayartsogt: Reforms will mean better budgets and easier implementation

Minister for Finance S.Bayartsogt answers questions on recent developments in the economic situation of Mongolia.
What is the benefit of having a budget stability law?
The Law about Administration of Budgeted Organizations and Finance regulates the issues regarding budget making, financing and

Working group to examine electricity and heating tariffs

A meeting of representatives from the Mongolian Labor Union, the Union of Employers and the Energy Regulation Department discussed the decision to raise electricity and heating prices with effect from January 15, and decided to set up a working group

New insurance payment rates announced

The Government has fixed the amount of health insurance payment for 2010. Salaried workers will continue to pay 4 percent of their total income, but rates have changed for those whose insurance is paid by the Government.  They include children,

Things you wanted to know about the new health insurance

The recent changes in the health insurance system have confused citizens and they cannot easily find an explanation of the new rules. N.Oyungerel of the Ministry of Health answers our questions on the issue.

What are the new areas now covered

SouthGobi Energy seeks to raise USD400 million from Hong Kong IPO

Canada-listed mining group SouthGobi Energy Resources Ltd plans to raise about USD400 million from a Hong Kong initial public offering this month, according to a term sheet obtained by Reuters. SouthGobi, which started IPO premarketing earlier this week, is focused

Labor leader opposes energy tariff rise

Head of the Mongolian Labor Union S.Ganbaatar has asked for a meeting with the Prime Minister to discuss the increase in electricity rates. He is yet to receive a reply to his letter sent just before the New Year.
“It is

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