MP Ch.Khurelbaatar was the adviser to Prime Minsiter of Mongolia, the State Secretary of the Ministry of Finance and Minister for Fuel and Energy. He is now member of Parliament.
Q: Copper price is increased by 1000 US$ than predicted. There is a hope. But not much income is collected to the budget. When the budget will be rich?
MP Ch.Khurelbaatar: Recently, copper price reached up to 4000 US$ per ton. But it is bit early to receive its benefit. It is unclear in the future. Q: What is your opinion regarding the economy recession?
MP Ch.Khurelbaatar: I have no optimistic approach. According to World Bank and IMF study, world economy will contract by 0.5%. But it is already 2.0% now. If we consider this development, I have no clue to predict brighter future.
Q: Oyu Tolgoi’s draft agreement fell at the State Great Khural. The Government of Mongolia proposed twice the draft agreement. What would you say?
MP Ch.Khurelbaatar: OT issue is not economy issue anymore, it is political now. There some people who would like to play on it. I agree that there are some issues to check, amend or correct. But it fails when it is about to be discussed by the State Great Khural.