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English version of draft law on investment is released

English version of draft law on investment is released

May. 4 | 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...

Mongolia to control investment by foreign state owned firms in strategic assets by new law

Mongolia to control investment by foreign state owned firms in strategic assets by new law

Apr. 30 | 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...

Prime Minister visited Khentii Province

Prime Minister visited Khentii Province

Jan. 3 | 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....

New National Policy for Salary Distribution Discussed

New National Policy for Salary Distribution Discussed

Dec. 19 | 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...

The Government Discusses About Salary Raise

The Government Discusses About Salary Raise

Dec. 18 | 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...

Prime Minister Supports Bill Regarding the Social Wellfare of Teachers

Prime Minister Supports Bill Regarding the Social Wellfare of Teachers

Dec. 17 | 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,...

Law on election is discussed by the Parliament

Law on election is discussed by the Parliament

Nov. 30 | 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...

The President will appoint the next ACA Chief

The President will appoint the next ACA Chief

Nov. 18 | The State Supreme Court ordered three Anti-Corruption Authority (ACA) officials convicted of corruption released from custody last month. The Standing Committee on Justice delivered a note to President Ts.Elbegdorj asking him to nominate a new head of...

Budget for 2011 needs to be revised says Finance Minister

Budget for 2011 needs to be revised says Finance Minister

Sep. 30 | Finance Minister S.Bayartsogt submitted to Parliament Speaker D.Demberel proposals to revise the 2011 budget, the social insurance budget, and the Human Development Fund budget. As originally passed, the 2011 budget projected revenue of MNT 3,304,6 billion...

Authority Against Corruption forwards 29 cases for prosecution

Authority Against Corruption forwards 29 cases for prosecution

Sep. 21 | The Authority Against Corruption has investigated 106 cases of possible wrongdoing through the end of August, and has forwarded 29 cases to law-enforcement agencies for prosecution. Thirteen criminal cases have also been forwarded for prosecution, and...