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It is Possible to Give 1 Million and Even 1.5 Million

Written on June 11, 2008 – 1:59 pm | by info |

Prime Minister S.Bayar worked in Khubsgul province during 6th and 7th of this month. After getting acquainted with activities of province administration and government agencies, Prime Minister team held meeting with civil representatives of the province, and worked in Shine-Ider and Jargalant soums. Investment amount made to the province increased dramatically and people are happy with a lot of social and economic activities.
In 2008, construction work of MNT 1.4 billion in province and MNT 218 million in soums will be distributed. Almost everyone asked about MNT 1 million to be provided by DP clarifying if it was a real promise. Prime Minister replied that not MNT 1 million but also MNT 1.5 million could be provided but fundaments must be created. “The most important priority was to modify the Minerals Law.

Unfortunately, the Parliament did not pass the modifications to the Minerals Law because of politicization. After legislation ratification, agreements must be concluded with investors. And then if we put the deposits into economic turnover, it will be possible to allocate MNT 1.5 million to everyone as homeland give-away. We think that it would be proper to provide such money not in cash but in a form of investment for necessary endeavors” says the Prime Minister.

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