MP Ch.Ulaan, Minister for Food, Agriculture and Light Industry, commented about the New Tax Law during his interview to the National Post newspaper. Q: The irregular session of State Great Khural adopted the new tax law on March 22 2019. How do you see the concept of the law. Ch.Ulaan: I feel that representatives of SME (small […]
The list was approved before the end of the special session of SGK. Here are as follows: Draft Budget Law of Mongolia of 2013 Draft Budget Law of Human Development Fund of 2013 Draft budget Law of Social Insurance Fund of 2013 State Great Khural draft resolution on main directions of the State Monetary Policy […]
As government programmes expand basic insurance coverage in Mongolia, economic growth spurred by resource revenues is expected to create surging demand in the private insurance market. However, ensuring the latter is managed by appropriate legislation represents a challenge to regulatory bodies. In June, Mongolia’s Insurance and Human Development Fund (HDF) reported that 555,000 people out […]
After Chalco’s proposed bid of SouthGobi, the Mongolian government moved quickly to prepare a law that gave authorities a say in deals of this kind. This week a draft of the law was released and was unofficially translated into English. Draft LAW OF MONGOLIA … 2012 Ulaanbaatar ON REGULATION OF FOREIGN INVESTMENT IN BUSINESS ENTITIES […]
The Mongolian parliament is discussing a law that will control investment by foreign state owned firms in strategic assets says unofficial source. This new law could potentially stop Chalco’s bid to buy a controlling stake in SouthGobi Resources Ltd. The source says that in near time, the Mongolian Parliament’s plan to change the law is […]
On the first day of 2012, S.Batbold PM launched his working tour to Khentii province and he intended to get acquainted with the locality’s activity and livelihood of people. Firstly, the Premier legged a vocational training center in Ondorkhaan. Within the cabinet’s goal to support low-income families, he is interested in a number of the […]
The Minister of Labor and Social Welfare T.Gandi gave a report during the Parliamentary meeting about the new policy being developed which concerns the salary of state-employees. The Minister was instructed to hear the opinions of the members of Parliament and to incorporate them into the new policy. The new policy will employ measures in […]
On Friday, the government discussed about the issue of salary raise and other financial benefits for state employees as demanded by the Mongolian Worker’s Union. They concluded that in accordance with article 3.1 of the 2010-2011 three-party Labor and Social Convention, the Government, the Mongolian Worker’s Union, and the Mongolian Employer’s Union will discuss the […]
The subject of making amendments to the educational law to improve the social well-being of teachers is being heavily discussed in the Government. Prime Minister S.Batbold supports the bill put forward by Parliament members D.Oyunkhorol, O.Enkhtuvshin, D.Ochirbat, D.Odbayar, S.Erdene, and P.Altangerel. The Parliament members presented the bill which includes modification to the current educational law.
They also decided voters’ names will be listed 25 days before the election. Citizens can file complaints about the list up to ten days before the election, and certified members of civil registration organizations will be able to make changes to the list up to three days before the election.