Democratic Party Group meeting at the State Great Khural was held and Prime Minister S.Batbold attended the meeting introducing his four issues, planned to propose to the general session of SGK, including Tavan Tolgoi deposit, railway, 100 family housing program, election promise of 1,5 million MNT.
He introduced his idea on 100 thousand family housing which will be supported with long term soft loans to the people and MPRP election promise of 1,5 million MNT. 30% of it will be provided in cash injection and remaining part will be delivered as health insurance, tuition, deposit payment of apartment purchase and pension insurance.
As for Tavan Tolgoi deposit, the general plan of realization will be proposed to SGK for the approval and the operating company will be selected after the approval. But pre-payment of around 0.5 – 2 billion US$ is included in the plan.
The main interesting and important issue is railway. The Government prefers to build horizontal railway line based on the economy and geo-political impacts. The plan is developed to build horizontal railway line by loan and owned by the state. But Demparty’s election promise was share distribution and share of “Erdenes MGL” will be distributed to people evenly. People of Mongolia will benefit from the dividend when profit of Tavan Tolgoi and Oyu Tolgoi is increased.
After the Prime Minister’s presentation, many Demparty MPs supported the Prime Minister’s plan. Minister Kh.Battulga said that “It is bit early be happy with horizontal railway line. Because, it will be approved by SGK after discussed by the National Security Council. After all, this version is good for the Mongolian future”.