A.Batsukh: Loan Demand Has Increased
Yesterday, Meeting of the economic Standing Committee got informed by the Governor of Mongolbank. Mongolbank had to maintain inflation rate at 6 percent but it let it up to 20 percent which means they had increased the rate by 3.5 times than the level it should be. Therefore it is hard to say that they […]
Owner Decides the Faith of His Own Property
The draft law on amending the Mineral Law of Mongolia will be discussed at the extraordinary session of parliament of Mongolia, March 25 2008. MPs are expressing their position towards the draft law.
Ts.Munkhorgil:
The Mineral Law of 1997 was the best law to fit in the Mongolian situation.
The draft law on amending Mineral Law of Mongolia […]
Z.Enkhbold: Beneficial Choice-Hope They Won’t Reject
MP Z.Enkhbold, who engaged in task group, representing DP has his saying.
MPRP and DP have agreed upon Mongolia’s ownership of less than 51 percent of deposits of strategic importance. Could you provide us some details?
51 percent can be given to not only state but also Mongols, however underground minerals shall be 100 percent Mongolian […]
The Working Groups Are Absent
According to order which was issued by parliament speaker D.Lundeejantsan on 21-st January, joint working group of parliament and government was established to work out useful minerals law and investment contract draft. Working group that consists of eleven members (including Members of Mongolian Revolutionary Party and Democratic Party, Prime Minister S.Bayar and Industry & Trade […]
