President of Mongolia Bank will report about the Economy

Aug 17 • Economy • 725 Views • 1 Comment on President of Mongolia Bank will report about the Economy

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Last Friday, advisory group of the Speaker of the Parliament have decided to hold an irregular session of the SGK under the request from the Government. D.Demberel, Speaker of the Parliament made rule No.131 to hold the irregular session on this Wednesday morning. Government has produced 4 separate drafts to present to the SGK. These laws will be made, abolished and amended in accordance to the Oyu Tolgoi IA. Additionally, D.Purevdorj, President of Mongol Bank (Central Bank) and S.Bayartsogt, Minister for Finance will report about the current situation of the economy to the Speaker of the Parliament.

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One Response to President of Mongolia Bank will report about the Economy

  1. Barry says:

    Isn’t it wishful thinking to expect that the SGK will agree to change any laws that would bring the OT IA into compliance with the Laws? They have not done so in 5 years, what makes anyone think they might start to realize they need these changes to get mining back into production, and increasing revenues for Mongolia. some of these Laws were changed only 2 years ago, the reason for the difficulties in the mining sector at this time and over the past 2 years.
    We wait, we will see. “B”

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