AmCham Daily Newswire

Prime Minister is invited to the Vladivostok Economic Forum

Summary: During a meeting with Prime Minster J. Erdenebat, the Ambassador of the Russian Federation Iskander Azizov invited the PM to participate in the Vladivostok Economic Forum, which is being conducted under the auspices of President Putin for the second year. Ambassador Azizov asked the PM to finalize some pending bilateral issues with Russia and highlighted that Russia is willing to assist and cooperate with Mongolia in regards the current economic recession. PM J. Erdenebat guaranteed that the government will work on settling unsolved issues and requested more favorable exporting conditions for Mongolian products going into Russia. On the same day, the PM received Country Director of ADB Yolanda Fernandez Lommen, where she noted that ABD can provide Mongolia financial support and offered to conduct a professional financial analysis to assist with Mongolia’s economic decline. The PM thanked ADB for the long-term support and asked the ADB to provide business loans for the private sector.

Keywords: government stability, economic recession Today /pages A2/

Mayor of UB commissioned to check the employment legitimacy of government workers

Summary: The new Mayor of Ulaanbaatar S. Batbold has commissioned to research and prepare a comprehensive report on the legitimacy of government workers who were employed after 2012. The Mayor explained that he wishes for his team to be comprised of professional and experienced staff and that this is a chance to ‘clean up’ the civil service and enhance their skills. However, the fact the Mayor asked to specifically check staff who were employed after 2012, the year when the DP got the majority of votes in the parliamentary election, is attracting much interest. Some suspect that this might be the start of modern political repression by the MPP.

Keywords: government stability, employment, election Daily News /pages 2/

3 out of 10 children will not be provided with an early-childhood education

Summary: There are 305,744 children eligible for admission to kindergarten throughout the country. However, as of August 2016, there are only 235,412 available spots in kindergartens for 76.9% of those children. In other words, three out of ten children will have to receive their kindergarten education at home from their grandparents and relatives. In the past five years, the amount of children who were enrolled in kindergarten services increased by 30.1%. Just in 2015, 44,500 new children were admitted to state-owned kindergartens. Even after opening 38 new kindergartens throughout the country this year, the long line of parents who hope to get their children admitted to state kindergartens has not decreased.

Keywords: education, kindergarten Today /pages A4/

Household income and expenditure difference reaches 74,500 MNT

Summary: A report from the National Statistical Office of Mongolia shows that the average monthly household income and expenditure difference reached 74,500 MNT. As of July 2016, the average monthly household income decreased by 9.1% and became 970,000 MNT, while the expenditure amount is 1,044,000 MNT. In 2015, the difference between the average monthly household income and expenditure was just 3,500 MNT.

Keywords: economic recession www.montsame.mn