AmCham Daily Newswire

Kuwait offers to build the burn center

Summary: Yesterday, the Prime Minister of Mongolia J. Erdenebat met with the Ambassador of Kuwait to Mongolia, Khalid Yateem Al-Fadhli, upon the Ambassador’s request. During the meeting, the Ambassador highlighted that the Kuwait Development Fund would like to invest more in Mongolia. In 2006, the Kuwait fund pledged 12 million USD to build Mongolia’s new parliamentary building. However, PM J. Erdenebat proposed that they use the money to finance the construction of a new burn treatment center. Ambassador Al-Fadhli added that they are willing to provide the support needed for the extension of new airport. On the same day, PM J. Erdenebat met with Her Britannic Majesty's Ambassador to Mongolia Catherine Arnold, during which he thanked her for providing Chevening Scholarships for 16 Mongolian students and asked about the possibility of increasing the quota. Additionally, the PM expressed his interest to cooperate with the GREAT campaign to promote Mongolia internationally.

Keywords: government stability, foreign affairs Today /pages A2/

The main square to become Sukhbaatar Square once again

Summary: Yesterday, the Administrative Cases Court of Mongolia issued a final ruling regarding the dispute over the naming of the central square in Ulaanbaatar. The decision was made that the square will be known as its original name, Sukhbaatar Square. Three years ago, the City Representatives Council made a decision to rename the main square Chinggis Square, despite strong opposition from the City Council’s MPP Caucus and the grandchildren and relatives of the Mongolian revolutionary hero, D. Sukhbaatar. The City Representatives Council refused to overturn their decision even after the primary and intermediate level courts’ ruling. Therefore, the plaintiffs appealed to the Administrative Cases Court, where they ruled in their favor with no chance to appeal.

Keywords: infrastructure Today /pages 1/

Only the salaries of high-ranking officials will be cut

Summary: The Ministry of Finance released a statement regarding PM J. Erdenebat’s announcement to cut the wages of government officials in an effort to reduce budget expenditures. They explained that the salaries of high-ranking government officials, including the President, Prime Minister, and MPs, will be cut by 30%; whereas the salaries of public administration officials, including Mayors of Provinces and Head of Government Agencies will be lowered by 20%. The salaries of civil servants with lower rankings will remain the same. The salary cuts will save three billion MNT in 2016 and eight billion MNT in 2017.

Keywords: employment, wage The National Post /page 1/

Areva Group is granted eleven exploration permits

Summary: The General Agency for Specialized Investigation (GASI) has granted the subsidiary of Areva Group, Cogegobi LLC, eleven exploration permits in various soums of the Sukhbaatar Province. The inspector of GASI reported that there is no impediment in conducting exploration of radioactive minerals in the Asgat, Dariganga, Erdenetsagaan, Ongon, Naran, and Bayandelger Soums.

Keywords: exploration, radioactive minerals The Century News /page 1/

DP demands an irregular session

Summary: The DP Caucus in the Parliament sent an official letter of requisition to the Speaker of Parliament M. Enkhbold to call for an irregular session of the Parliament immediately. In the letter, the DP Caucus reveals that they believe the statements by the PM, Minister of Finance and the Governor of the Bank of Mongolia were deceiving, miscalculated, illegal and extremely damaging in regards to domestic and foreign investment. Following the statements by the Governor of the Bank of Mongolia and the Minister of Finance, the price of the Chinggis bond decreased drastically. In addition, the USD rate increased by 180 MNT, going from 2050 to 2230 MNT within just a few days. Therefore, the DP demands to call for an irregular session of Parliament as soon as possible.

Keywords: government stability, irregular session www.medee.mn