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New Mongolian PM appoints his Cabinet

“The geopolitical situation is becoming increasingly complex. The government decided to immediately begin work and maintain the continuity of state policy. Therefore, a third of the previous government is retained,” G.Zandanshatar said.

Mayor S.Batbold visits Ulan-Ude

Ulaanbaatar city mayor S.Batbold is currently visiting Ulan-Ude, the capital city of Russia’s Republic of Buryatia.

Bicycle sales increase

There has been a sharp rise in the sale of bicycles in Mongolia. This increase has been attributed to the “Cycling Ulaanbaatar” first initiated by the Mongolian Youth Federation (MYF) four years ago.

Local election budget – MNT13.9 billion

Mongolia successfully held its parliamentary election last June. Now, the country is preparing for the local election, which will be held on 19th of October.

8% mortgage to continue

According to G.Munkhbayar, Minister of Construction and Urban Development, the Mongolian Government will continue the 8% interest housing mortgage. But the mortgage loan interest will be reduced to 5% for local residents.

NEMA receives new fire engines and equipment

The Mongolian National Emergency Management Agency (NEMA) has received six fire engines worth a total of MNT 2.8 billion and 2430 stock list equipment items, which have been given as aid from the Government of China. The new fire trucks and equipment will be distributed to high fire-risk areas.

Eight Mongolian athletes to participate in Rio-Paralympics

The XV Summer Paralympic Games are a major upcoming international multi-sport event for athletes with disabilities governed by the International Paralympic Committee, to be held from 7th September to 18th September 2016 in Rio de Janeiro.

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