Mongolia News Summary for November 05, 2024
The following news articles are the opinions of their authors and publications. They are presented here as translations for informational purposes and do not necessarily represent the opinion of Mongolia Strategy Center or its members.
Today's Stories
Politics
- Prime Minister L. Oyun-Erdene to Speak at the Opening of the 7th China International Import Expo
- Prime Minister L. Oyun-Erdene Departs for China
- B. Terbish: We Will Prevent Corruption Before Implementing Mega Projects
- L. Enkh-Amgalan: To Implement the Policy of Transitioning from Welfare to Employment, We Need to Adopt Certain Models from South Korea
- Lawmakers Call on Government to Reassess Next Year’s Budget
- MPs Demand Reduction of 2025 Budget Expenditure from Prime Minister
- Political Parties Observed to Use Budget Funds to Buy Voter Support
- Proposed Reduction of the 2025 Budget's Operating Costs by 3.6 Trillion Tugriks
- Mongolian Women Parliamentarians to Convene for the Third Time
- Extravagant, Large Budget Introduced by Ministerial Lobby and Requests
- The Coalition of Three Parties in Government is Backtracking on Its Promises
- D. Amarbaysgalan: Women's Representation in Parliament Reaching 25% Leads the Region
- Supreme Court Will Not Review the Case of the Government Monitoring Agency's Team Leader Who Lost State Secrets
Economy
- Rio Tinto Seeks New Agreement with Mongolian Government and Entrée Resources
- Should We Expose the Biggest Financed MES 'Theft'?
- Foreign Exchange Reserves Reach $4.7 Billion as of October, Increasing by 0.87% from the Previous Month
- B. Batbaatar: Within the Central Bank's Authority, a Bank Account Can Be Frozen Within Three Working Days
- With Every Citizen Having a Credit Score, the Concept of a 'Blacklist' Has Disappeared
- The Bank of Mongolia Purchased 1.9 Tons of Precious Metals in October
Diplomacy
- MIAT TӨHK and Air China Sign Code Sharing Agreement
- Prime Minister L. Oyun-Erdene to Attend “Shanghai Expo - 2024” Event
- J. Enkhbayar to Lead the Mongolia-Kazakhstan Intergovernmental Commission
- Zelensky: Mongolia Lacks Autonomy
Infrastructure
- Agreement finalized for the feasibility study of the "Kherlen Toonoo" Project, one of the 14 mega projects to be implemented by the government
- Press conference on household electricity tariff revision postponed indefinitely
- Ulaanbaatar to Implement 'School Zone' Project
Society
- Transnational 'KK Park' Group Conducts Illegal Activities Targeting Mongolian Citizens
- Video: People who gave up their land for "Delgerekh Apartment" with high hopes of development left without homes, living in rental accommodations
- Cases of fraudulent job postings with high salaries have increased sharply, advising to delete the 'Telegram' app
- What to Do If You Fall Victim to Telegram Fraud
- Journalist N.Ünürtsokh Declares Hunger Strike
- Mongolian Citizens Involved in Stabbing Incident in South Korea
- WARNING: A Citizen Lost ₮195.8 Million After Initially Earning ₮9,000 from TikTok Tasks
Environment
- KHUVSGUL: Launched the project "Ensuring Agricultural Management and Ecosystem Sustainability"
- You will be rewarded for saving energy during peak hours
Innovation
- The Government to Collaborate with Huawei on Smart Transport and Traffic in Mining
- EVENT: Briefing on the Situation of Cyber Crime Using Electronic Devices
- A Dual Degree Program Agreement was Signed between NUM and the University of Melbourne
Health
Sports
Politics
Prime Minister L. Oyun-Erdene to Speak at the Opening of the 7th China International Import Expo
Published: 2024-11-04 | Translated from: gogo.mn
The Prime Minister of Mongolia, L. Oyun-Erdene, has arrived in Shanghai, People's Republic of China, on a working visit to participate in the 7th China International Import Expo. The Prime Minister was welcomed by the Mayor of Shanghai, Gong Zheng, the Ambassador Extraordinary and Plenipotentiary of China to Mongolia, Shen Minjuan, the Ambassador Extraordinary and Plenipotentiary of Mongolia to China, N. Enkhbold, and other officials. During the visit, Prime Minister L. Oyun-Erdene will hold an official meeting with the Premier of the State Council of China, Li Qiang, and will speak at the opening of the 7th China International Import Expo. He will also meet with the leaders of Shanghai City and Zhejiang Province, as informed by the Government.
Prime Minister L. Oyun-Erdene Departs for China
Published: 2024-11-04 | Translated from: gogo.mn
The Prime Minister of Mongolia, L. Oyun-Erdene, has departed Ulaanbaatar to make a working visit to the People’s Republic of China and participate in the 7th China International Import Expo. He is accompanied by some members of the Mongolian Parliament and Government. This year marks the 75th anniversary of the establishment of diplomatic relations between Mongolia and China, and the Prime Minister's visit is aimed at expanding and developing the Comprehensive Strategic Partnership between the two countries, and at intensifying practical cooperation in all sectors, stated the Government. Prime Minister L. Oyun-Erdene's working visit to the People’s Republic of China involves participating in the 7th China International Import Expo. He left Ulaanbaatar today and is accompanied by some members of the Parliament and Government. This year marks the 75th anniversary of Mongolia-China diplomatic relations, and the Prime Minister's visit aims to enhance and develop the Comprehensive Strategic Partnership and to intensify practical cooperation in all areas, according to information from the Government.
B. Terbish: We Will Prevent Corruption Before Implementing Mega Projects
Published: 2024-11-04 | Translated from: unuudur.mn
As a result of preventive work, we have stopped damages amounting to 160.8 billion MNT. We spoke with B. Terbish, Senior Officer and Senior Commissioner of the Prevention and Education Department of the Anti-Corruption Agency (ACA). How does our country's corruption prevention work compare internationally? I understand you recently attended an international training in Kazakhstan, so I'm curious about their assessment of our ACA's work. I participated in the Eurasian regional event in Almaty, Kazakhstan, which included nine countries. The event focused on improving governance and anti-corruption methods, sharing experiences under the auspices of the IMF. The measures taken by Mongolia against corruption are effective and proactive, ranking highly in the region. The IMF representatives expressed their admiration for the actions taken by our Parliament and government after the "Coal" case, and the investigation efforts of the ACA have yielded significant results, particularly in reclaiming stolen assets. They commended the online system for public officials' asset declarations, which is transparent and effective. Additionally, we were advised that while adopting international best practices in anti-corruption activities is useful, learning from regional experiences relevant to our national context can be equally effective. What progress have we made in combating corruption offenses? Comparatively speaking, this might be clearer. Four years ago, owing to the lack of legal mutual assistance treaties with foreign countries, our ability to reclaim stolen assets and suspects was limited. The last such agreement was with China in 1989. Now, we have established legal assistance agreements with 22 countries and, through the collaboration within the Anti-Corruption Convention, we have repatriated damages of $13.9 million (47.9 billion MNT) back into the state budget. This represents funds reclaimed only from foreign countries. Over the last four years, through investigation of domestic and international corruption offenses, we have organized efforts to recover damages totaling three trillion MNT to the state. What are the key efforts undertaken to prevent crimes before they occur? Since its establishment, the ACA has continuously organized and studied the measurement of corruption and conflicts of interest, seeking to identify the causes of offenses and prevent their repetition. To improve the effectiveness of preventive and educational activities, the Prevention and Education Department has restructured its operations into three focus areas: Infrastructure, Labor and Social Protection, Health and Education, and Banking, Finance, and Digital Development. We started working in these respective fields to prevent crimes before they occur. In recent years, what specific preventive achievements have been made? The corruption prevention savings amounted to 70.3 billion MNT in 2022 and 90.5 billion MNT in 2023, totaling 160.8 billion MNT over the two years. Additionally, in efforts to simplify processes and reduce bureaucracy, 62 services that caused difficulties for citizens and businesses were streamlined and digitized. The risk of political figures influencing infrastructure, building projects, and externally funded programs remains high. To mitigate this risk, we have conducted various research and inspections such as "Corruption in Infrastructure", "Corruption Risk in the Construction Sector and Engineering Ethics", examining building acceptance commission operations, and more. The ACA has implemented comprehensive activities to reduce crime risk, working in collaboration with other departments and divisions. What are the results from these measures? We first need to identify the issues and foundational reasons underlying corruption. For instance, the "Corruption in Infrastructure" action initially identified eight risks, including insufficient project design and lack of feasibility studies for road projects that result in speculative and abstract budgets inserted into the Ministry and MPs' zones without proper cost estimates. This leads to inadequate funding or inefficient taxpayer expenditure. Before implementing mega-projects in the capital and nationwide, we must examine the reasons for the project, its efficiency, the professional capabilities of unit officials, and conduct their training. From this year, our commissioners have been overseeing all processes from loan agreements to choosing contractors and contract completion. For example, in sectors like energy, road transportation, and defense, we have overseen 12,000-unit housing developments under the "Selbe Subcenter" urban development project, the metro initiative from 2024 to 2027, and the "New Ring Road" project. Has the risk of incorporating projects without blueprints been entirely mitigated? Projects without designs totaling 861 billion MNT were included in the 2024 budget. While there was no initially included project without a design in the 2025 plan, there is still a risk of additional inclusion upon parliamentary approval. At the 10-30% stage, ministries tend to budget undefined projects. This exposes the risk of corruption offenses, emphasized by the Ministry of Finance and Budget Stability Council. The ACA advises stopping funding for unplanned projects and preventing budget mismanagement. Finally, regarding resource adequacy, is the ACA equipped to manage these initiatives? We have structured our organization so that we have seven specialized commissioners working on infrastructure prevention. By creating a list of major projects and assessing individual corruption risks, we've been regularly engaging with project units, gathering information, reviewing financing sources, and examining contracts. We are confident that this has been effective to a significant extent.
L. Enkh-Amgalan: To Implement the Policy of Transitioning from Welfare to Employment, We Need to Adopt Certain Models from South Korea
Published: 2024-11-04 | Translated from: isee.mn
Our country aims to implement a policy of transitioning from welfare to employment in a tangible way. In this regard, there is much to learn from South Korea's model, as stated by the Minister of Family, Labor, and Social Protection, L. Enkh-Amgalan. A variety of programs aimed at improving occupational skills are implemented in South Korea, and the Labor and Welfare Center in Yeongdeungpo District, Seoul, operates under this system. This Labor and Welfare Center focuses its services on employment rather than welfare, offering 90% of its services virtually. About 300-400 people are served at this center daily. Citizens seeking jobs can first take a psychological test. Moreover, necessary facilities such as rooms for taking care of young children, nursing rooms, blood pressure measurement stations, first aid services, and wheelchairs for people with disabilities are all provided. The center offers a variety of services to improve occupational skills. Additionally, individuals can access all necessary information from the Virtual Guide without the need to communicate with a person to determine their unemployment benefits.
Lawmakers Call on Government to Reassess Next Year’s Budget
Published: 2024-11-04 | Translated from: isee.mn
Members of the State Great Khural N. Enkhtuvshin, G. Temuulen, J. Bayarmaa, and B. Tuvshin have submitted a demand to the Government to reassess the budget for the coming year. During a session at the State Palace, they discussed their concerns linked to the draft budget for 2025. Member of Parliament D. Enkhtuvshin stated, "It has been four months since the election. Before the election, the MPP promised to reduce the GDP share of state expenses to 25% and to keep the government debt consistently below 40%. The DP promised to cut overall budget expenses by 20%, while the Hun Party aimed to create a business-friendly tax environment and realistically reduce tax budget costs. However, the current budget projects a GDP share of 37.7%, which contradicts the election promises by the parties. If the increased budget amount was in the private sector, it would have created many jobs and investments in many businesses." MP J. Bayarmaa commented, "The budget for next year includes 111 billion MNT for travel and guest expenses, which is four times what it was in the previous year. Furthermore, 267 billion MNT has been allocated for furniture, equipment, and operational costs, which is 2.2 times more than the previous year. Additionally, the information technology service expenses are 70 billion MNT, which has increased 3.6 times. One concerning issue is the 1.9 trillion MNT allocated for outsourced work and services, which is 2.5 times more than last year. It is unclear what services are being conducted, and this is deemed unjust." MP B. Tuvshin stated, "The government's operational expenses for 2024 are 22 trillion MNT, which despite being reported as highly wasteful by auditors, has been proposed to increase to 26 trillion MNT. We are demanding that the unnecessary parts of these operational expenses be eliminated. Business owners and employers face heavy burdens with social insurance and value-added taxes, and the large amounts of money they are paying are being used wastefully, so a special demand is being submitted to the government." MP G. Temuulen expressed, "Our main concern is the excessive growth of expenses and budget expansion. There are things that negatively affect the livelihood of citizens and the economy, so it is imperative to reassess the draft budget for 2025 and make the necessary amendments."
MPs Demand Reduction of 2025 Budget Expenditure from Prime Minister
Published: 2024-11-04 | Translated from: ikon.mn
Members of the Parliament, J. Bayarmaa, G. Temuulen, D. Enkhtuvshin, and B. Tuvshin, held a press conference to announce that they have submitted a demand to the Prime Minister of Mongolia, L. Oyun-Erdene, to reduce the 2025 budget expenditure. MP D. Enkhtuvshin stated, "It has been four months since the parliamentary elections. Let us recall the promises made by the parties involved in the coalition government. The coalition government formed by the MPP, DP, and HUN parties following the 2024 regular parliamentary elections set objectives to reduce state involvement in the economy, promote free competition in the private sector, reform the tax and social insurance systems, and implement major development projects. These political parties pledged to ensure stable economic growth and implement a sound fiscal policy in their platform for the 2024 elections by stating, 'We will reduce the proportion of Mongolia's budget expenditure to GDP to 25%, cut the consolidated budget expenditure by 20%, limit the expansion of budget spending, reduce the budget deficit, and maintain the government's debt-to-GDP ratio at below 40% on a consistent basis.' However, the total expenditure in the proposed 2025 budget has reached 35.8 trillion MNT, with an increase of 5.3 trillion. The government's debt has risen to 40.5 trillion MNT, an increase of 5 trillion, and the current expenditure has increased by 3.6 trillion MNT to reach 26 trillion, resulting in a budget deficit of 1.9 trillion MNT. This contradicts the aforementioned promises. The 2025 budget proposal includes numerous expenses that are unfounded, misprioritized, illegal, and inefficient," he said. MP J. Bayarmaa highlighted examples contributing to the increase in current expenditure: - Official travel and guest expenses increased fourfold from 28.7 billion to 111.7 billion MNT, - Expenditure on furniture and equipment rose 2.2 times from 121.3 billion to 267.9 billion MNT, - New cultural service vouchers for children and youth worth 18.3 billion MNT were distributed, - Information technology services increased 3.6 times from 19.4 billion to 69.3 billion MNT, - Payment for outsourced works and services doubled to 1.9 trillion from 737.5 billion MNT, - Other goods and services expenditure increased 2.1 times from 450.5 billion to 964.2 billion MNT. Some capital investment costs in the 2025 budget compared to the 2022 budget implementation show: - Equipment purchase expenditure via state budget rose 3.4 times from 239.8 billion to 817.5 billion MNT, - Major repair costs doubled from 142.9 billion to 290.7 billion MNT; According to the National Audit Office's evaluation, 18 projects with a total cost of 716.5 billion MNT lacked design and feasibility studies and were illegally included in the proposal. We support starting major development projects planned by the Government of Mongolia. These expenses are primarily for ministries and agencies located in the capital. However, no new investments are included for provincial areas next year, which we deem unjust." The MPs expressed strong opposition to increasing the current expenditure under the guise of starting large projects, which comprise 72.6% of the total expenses. They warned that this budget expansion poses a risk of imposing additional burdens on private sector businesses, leading to double-digit inflation, worsening the balance of payments, weakening the MNT exchange rate, and depleting foreign exchange reserves, thereby negatively impacting the medium-term macroeconomic stability. Therefore, they are urging Prime Minister L. Oyun-Erdene to withdraw the 2025 budget proposal and re-submit it with no increase over the previous year's level, by reducing the total current expenditure by 3.6 trillion MNT, and to improve state productivity in order to keep inflation in single digits, stabilize the exchange rate, protect real income, and create opportunities for private sector expansion. Notice: Media outlets (Television, Radio, Social Media, and Websites) must include the source (ikon.mn) when using any part of this information.
Political Parties Observed to Use Budget Funds to Buy Voter Support
Published: 2024-11-04 | Translated from: ikon.mn
The Friedrich Ebert Foundation, a traditional German political organization, along with Professor Fernando Casal Bertoa from the University of Nottingham, conducted a study on the financing of political parties in Mongolia. The study has been published as a book, and today, Professor Fernando Casal Bertoa organized a discussion about his book at the round hall of the main building of the National University of Mongolia. Attendees included faculty from the Political Science Department of the National University of Mongolia, representatives from the Friedrich Ebert Foundation, and guests. The book on political party financing is a work based on comparative research, examining the state of financing and regulatory environment of political parties in Mongolia. It also looks into how political parties have evolved in post-Soviet states such as Georgia, Armenia, Kazakhstan, Kyrgyzstan, and Mongolia, and how this has affected the development and systems of political parties. Professor Fernando Casal Bertoa from the University of Nottingham stated, "Mongolia has specific regulations regarding political parties. The law on political parties was first enacted in 2005, but it is set to be revised and come into force in 2025. In my book, I included the period before the revision of the law. From 2025, with the implementation of the new law on political parties, better regulation will begin to take shape in Mongolia's political landscape." "However, in the past, there have been several issues regarding the financing of political parties. For instance, there have been situations where budgetary funds were misused by political parties for political purposes. It has been notably observed that political parties used budget funds to buy voter support. The study also revealed issues of transparency and corruption. Thus, the financial environment for political parties in Mongolia has not been adequately sound," he explained. Warning: Media organizations (TV, Radio, Social and Web pages) must always cite the source (ikon.mn) when using our information in full or in part, in any form.
Proposed Reduction of the 2025 Budget's Operating Costs by 3.6 Trillion Tugriks
Published: 2024-11-04 | Translated from: news.mn
Members of the State Great Khural G. Temuulen, T. Enkhtuvshin, J. Bayarmaa, and N. Tuvshin have proposed that the draft budget for Mongolia's 2025 fiscal year be revised to reduce operating costs by 3.6 trillion tugriks. They informed journalists about their demands for the government to cut inefficient expenses from next year's budget. MP T. Enkhtuvshin said: "It has been four months since the elections. I would like to remind you of the election programs promised by political parties four months ago. The Mongolian People's Party promised to reduce the ratio of the state budget expenditure to GDP to 25% and to keep government debt below 40%. The Democratic Party pledged to reduce total expenditure by 20%, while the Labor Party aimed to create a business-friendly tax environment and realistically lower budget expenses. "However, the current draft for Mongolia's 2025 budget shows the budget's share of GDP reaching 37%, an increase from the expected performance in 2024. From the graph, the share of GDP decreased in 2020 but increased sharply in 2024 due to elections and is proposed to increase further next year. This contradicts the programs promised by the political parties four months ago. On one hand, the increase in the budget size means competing with the private sector. If this increasing amount had been in the private sector, there would have been an opportunity to increase bonuses or leave this money to more productive individuals." MP J. Bayarmaa added: "Travel and guest expenses for next year's budget have reached 111 billion tugriks, a fourfold increase from the previous year. Compared to 2020, when it was 16 billion, it has reached this level today. In addition, furniture expenditure has reached 268 billion tugriks, 2.2 times more than the 2024 budget expenses. Previously, it was over 100 billion. "Each government agency has its own IT department, yet the IT expenses for next year's budget have reached 70 billion tugriks, 3.6 times the 2024 budget where it was about 20 billion. The cost of outsourced services is now 1.9 trillion tugriks, 2.5 times higher than the previous year. Most critically, it's unclear what work or service this involves. The cost of goods and services increased from 450 billion to 690 billion. An audit of the 2023 budget revealed 74 billion tugriks in excess inventory bought, including 71 billion in unused, expired goods in 2023, ballooning to 960 billion or 1 trillion. "While the availability of schools and kindergartens is low, and hospitals in Khan-Uul district are missing examination tools and gloves, these costs are dominating urban centers, especially in the central state administrative organizations, ministry, and department expenses. Next year's budget includes no new expenses for local areas, like equipment, school, or hospital buildings, yet such costs are allocated to the center—unjustly." MP N. Tuvshin stated: "Our demand to the government is to increase productivity and include efficient spending in the national budget. In recent years, monitoring the productivity of government spending has weakened. Despite an audit finding significant inefficient expenses with the 2024 flow budget at 22 trillion, it is proposed to be raised to 26 trillion. Operating expenses consume 77% of income, spent on inefficiencies. "For instance, furniture purchase often means eventual replacement, thereby constantly demanding expenditure on operating costs, largely reliant on mining profits. Spending mining revenue on ineffective expenses calls for additional spending, capturing 77% in operating expenses. Therefore, inefficient operating expenses must be curbed. "On the other hand, given the high social security premiums, VAT, and burdensome tax environment for businesses, limiting their environment by squandering collected funds means our economy lacks productivity." MP G. Temuulen commented: "It's impossible to separate the budget from the economy. 2025's budget reflects the economic outlook for next year. Excessive spending expansion threatens to impact people's lives, such as inflation exceeding double digits, weakening the tugrik, and reducing foreign exchange reserves. From 5 billion USD, reserves have fallen to 4.3 billion USD, affecting personal and corporate incomes heavily. "Reducing government involvement in GDP by boosting the private sector is essential. The rise in operating expenses poses a real risk to macroeconomic stability. "We propose re-discussing the 2025 budget draft, mandating necessary adjustments, to mitigate economic risks and ease potential repercussions next year. Our aim is to cut the operating budget by 3.6 trillion tugriks. Two months ago, the State Great Khural increased operating expenses by 3.6 trillion; we demand this be reduced and for law adherence. Estimations show a 1.5% inflation risk with a 3.6 trillion increase in spending, implying ineffective 6% salary or pension increases."
Mongolian Women Parliamentarians to Convene for the Third Time
Published: 2024-11-04 | Translated from: gogo.mn
This year marks the 100th anniversary of the proclamation of the Republic and the adoption of the First Constitution, which will be celebrated nationwide. As part of these celebrations, the "Women Parliamentarians Conference 2024" will be jointly organized by the Standing Committee on State Structure of the State Great Khural (Parliament) and the Group of Female Members of the Great Khural. During the conference, an exhibition called "Towards Change" will be displayed at the "Chinggis Khan" National Museum. Presentations on "The Participation and Leadership of Women Parliamentarians on the 100th Anniversary of the First Constitution" and "Legal Reforms to Increase Women's Representation in Decision-Making Levels" will also be introduced. Female parliamentarians from Mongolia will discuss the participation of women in parliamentary history since 1924, as well as the outcomes and reforms aimed at ensuring their representation in parliament in this third gathering themed "The Participation and Leadership of Women Parliamentarians on the 100th Anniversary of the First Constitution." The "Women Parliamentarians Conference 2024" aims to strengthen the participation, leadership, and unity of women in parliament to ensure gender equality in governmental decision-making levels. Participants will include members of the State Great Khural, female members elected in different terms, representatives of political parties with seats in parliament, gender leadership politicians, female representatives from provincial and district citizens' representatives councils, leaders of diplomatic missions of foreign countries in Mongolia, representatives of international organizations, government and non-governmental organizations, and representatives of women's leadership networks. According to the Press and Media Service of the State Great Khural, the "Women Parliamentarians Conference" was organized in 2022 and 2023 with the support of the Standing Committee on State Structure of the State Great Khural, the UN Development Programme, and the KOICA project on "Promoting Gender Equality and Supporting Women's Participation in Decision-Making Levels."
Extravagant, Large Budget Introduced by Ministerial Lobby and Requests
Published: 2024-11-04 | Translated from: news.mn
Member of the State Great Khural, B. Tuvshin, speaks on current issues: – The 2025 budget, submitted by the government, is currently under discussion in the State Great Khural. What is your stance on the upcoming budget? – I personally see the budget for the upcoming 2025 as very extravagant and very large. The expenditure has reached 37.7% of GDP, indicating excessively high state involvement. To make the budget economically efficient, the state system needs re-engineering, and budget policies should not be fragmented due to disputes. Instead, macroeconomic policies should be established first; then specific percentages and figures should be assigned from there. Without this, the budget will continue to expand based on government members' lobbying, requests, and dreams. It seems we are moving towards a tendency where the income collected is just divided and spent. Therefore, it is absolutely necessary to change the budget policy on a broader scale. Essential infrastructure, schools, and kindergartens for next year have not been satisfactorily included in the budget. The expenses related to the 14 mega projects the government aims to implement in the coming years are also largely missing. Most of these projects are planned to be funded through loans. So, what is included in the budget? The implementation programs of the government and the expenditures of the main activities have increased. For instance, last year's current expenses reached 22 trillion MNT, showing significant growth. Yet now, it is proposed to increase it to 26 trillion MNT. This includes everything from government subsidies, fees, buildings, salaries, and social insurance. Although issues in the health and education sectors are included, the budget directed towards these sectors is not sufficiently satisfactory. The services and quality in these sectors remain poor. Since the process of grabbing the budget is ongoing, sectors other than health and education are more competitive. Therefore, basic policies, the government's fundamental services, and directions need to be reformed first. Secondly, there are numerous departments and agencies under the guise of delivering government services to citizens, all situated in their own buildings, which are equipped with heating, electricity, and security. In other words, the state structure is too bloated. In each district, a cultural center is mandatory, yet around it, regardless of population size, structures labeled as information centers, seniors', and children's facilities are being established. One building can serve multiple purposes. Therefore, from facility management to service management, by consolidating inefficient departments, there is potential to streamline state services. Yet every privatized entity within each sector seems to have endless running expenses like buildings, vehicles, mobile phones, and computers that are expanding each year. Thus, there is no choice but to reorganize governmental activities. – You chaired the subcommittee on the current expenses of the budget. By how much will the operational expenses of state institutions increase next year? – In terms of operational expenses, they are increasing in connection with the major programs carried out by the government. According to the law, salaries and social insurance contributions are rising by 4 trillion MNT next year. However, the majority of these increases are deemed inefficient expenses. For example, foreign business trips increased by 18%, domestic trips by 32%, guest costs by 37%, major repairs by 86%, current repairs by 50%, and general outsourced services by 39%, with a 39% increase in outsourcing across common work services observed. Indeed, necessary expenses are expected to exist within this. However, these wasteful expenses persist. An analysis on whether the state's activities are positively impacting the economy is needed. There is no system in place to evaluate whether these numerous services provided by the state are beneficial or not. Therefore, a system to continuously monitor and reduce current expenses is needed. – State Great Khural members have also expressed their stance that current expenses should be reduced? – A working group on the current expenses, investment, and revenue was established while drafting the budget. These groups made superficial evaluations in a short time regarding the efficiency of the budget, whether revenue is correctly accounted for, whether investments are properly prioritized, and whether current expenses are efficient. Proposals were introduced to cut certain levels of budget expenses but were not supported. Consequently, rumors surfaced that "it intends to cut from the ministerial packages". It was a regrettable situation where these working groups essentially ceased operations due to resistance against cutting ministerial packages. The working group formed to lower the current expenses is being treated as though they have no right to challenge the ministerial and government-introduced budget, leading many to remain silent due to fear of public criticism. This is infringing on a member of the State Great Khural’s right to speak and approve the budget. The government is almost in a position to lead the State Great Khural. Prominent members of the State Great Khural have joined the government, which is seen as losing the independent nature of the State Great Khural. Furthermore, if the state organization is not made efficient and continues with the current system, no matter how much money is earned, Mongolia’s economic productivity will not improve. Budget expenditure is viewed by economic classification, type, purpose, function, and by department and ministry. These categories themselves fluctuate. For example, this paper can be labeled as 'advertising cost' when used by a journalist, or as 'personal expenses of a member' when used by a State Great Khural member. In other words, they package multiple issues under one, and when a proposal is made to cut expenses from this package, they claim, "you are cutting essential expenses" and defend it. They often present the budget this way, making it impossible for each item to be individually inspected. As someone knowledgeable about finance and budget, I have a sense of what is happening in the background. In reality, the operational expenses spent by the Government of Mongolia stand at 22 trillion MNT in 2024 and are planned at 26 trillion MNT for 2025. Operating costs do not stimulate the economy. Instead, even though criticized, investment expenditures tend to have better returns in the economy. Ideally, we could have aimed to complete the schools and kindergartens for next year. – The budget of the coming year was labeled as supporting regional development? – Very few things support their regional development. There are some large infrastructure and road projects. All of these have been included. These expenses are not being touched. Only current expenses are being talked about. Current expenses themselves hardly develop the economy or the country. In short, they are deemed inefficient and wasteful. – Despite the expanding budget each year, citizens' real income is not increasing, and unemployment and poverty are not decreasing. Businesses are also not breaking free from debt to expand. So, what should the budget's efficiency be measured by? – The right to govern public funds lies with the government which prepares and introduces the management program. The State Great Khural is tasked with supervising and correcting it. Yet, an individual member of the State Great Khural lacks such power; they can't handle it alone. Therefore, general public education is necessary. The primary goals of the budget should be to increase employment, reduce poverty, develop regions, decelerate the centralization in Ulaanbaatar city, and provide efficient state services at minimal cost. Having not synthesized policies, they have been increasing expenses for way too long, and it is becoming untenable. State services need reorganizing and the budget needs distributing. The objective has to be the most compact and efficient. Third, as public funds are accumulated and managed, public interest must be prioritized. Today, it’s like "my budget, your budget" with personal interests possibly infused. Expenditure of taxpayer money is flowing through fingers for power, position, and prestige. There is no opportunity to delve into budgets allocated for a brief period. Budget proposals that could be possibly cut seem to challenge the power, personal funds, or wealth management of those in charge, causing direct attacks. This becomes an extremely challenging issue for new members. Hence, let's proceed with reorganizing the budget anew. Alternatively, it is reasonable to conduct regular audits and evaluate efficiency to persistently ensure government organization functions efficiently. – The State Audit Office often identifies budgets as inefficiently spent. Yet, there is no mechanism for holding officials accountable for inefficient spending, making it superficial? – Exactly. There is no continuous enforcement system for budget efficiency and accountability; it is discussed infrequently. Matters of accountability or debt are often passed to the police or judiciary. Yet, some areas, failing in their duties, don’t continuously monitor and pursue these investigations. This should be elevated to a regular system, continuously pursued, reviewed prior to deliberating on next year's budget, and policy to enhance efficiency envisioned, steering Mongolia onto a structured, efficient path. Getting out of traditional mentality, refusing to have even one MNT cut from allocated budgets, wanting to increase as a sign of strength prevails. – Mongolia's economy relies directly on the sale of mining products. What will happen if there is risk to next year’s budget revenue? – The risk of revenue disruptions exists. The economy is undiversified. Relying 98% on just the mining market, they have introduced a very optimistic, high budget. They aim to absorb high sales with this high budget. GDP growth of 8% per annum is projected; whereas experts estimate it at 5.5-7%. When a proposal of 6.7% was put forth, it was dropped at the working group, suggesting a high spending desire. Moreover, it is projected to sell 80 million tons of coal next year. Amidst declining coal and copper prices, with such optimism and overestimation, they are competing for expenses. Nevertheless, budget allocations towards stabilization funds aren’t proposed. For instance, AMMO’s fee is set at 65% under the Wealth Fund Law; they account for 20% in 2023 to build reserves. Next year it’s proposed at 40%. It should be set at 65%. This way, part of the risk income is sent to wealth reserves. Furthermore, accumulated reserves are held in MNT at the Bank of Mongolia. However, this reserve must protect against foreign exchange risks, protect budgetary income risks, and be held in interest-bearing investments. There are significant international financial instruments available. Yet, talking about bankrupt Mongolian banks, when once they even gambled abroad, is an amateur's business talk. Major financial expert organizations exist. This money needs to grow. Protecting risk with efficient foreign and domestic investments is possible. If kept in MNT and consistently hit by inflation, it isn't a wealth fund at all. Next issue, the budget entered with maximum legal loss parameters. Guided by a constraint not to exceed 2% of GDP, a deficit of 1.9 trillion MNT was brought in. Even if not profitable, entering with at least a budget without a deficit was possible. Our fundamental approach to the budget is flawed. The best minister could be evaluated based on the best operations conducted within defined spending metrics, aimed at the greatest return. But now, the best minister is viewed as the one who secured the biggest budget, expressing power and strength, a wrong approach. Therefore, budget allocation policies should be completely realigned. – The most significant aspect of this year's budget is announced spending on regional development. The previous notion of allocating funds to constituencies by the strongest State Great Khural members is intended to change towards classifying and distributing by regional development. Is this policy impacting budget allocation? – The basic foundation has not changed. It was renamed from soums and aimags to regions. Yet, beneath it, representatives elected from soums and aimags with the strongest influence are still inclined to allocate more. Moreover, it has shifted form. Ministers seek more to claim more money within their flow costs. Furthermore, a lobby operates by list members to protect the government-submitted budget from amendments, potentially increasing cohesion or steering slightly off track. Budgets related to investment are visible to the public. However, the government's current expenses are clubbed into one classification without transparency on what each part is spent. Today, real tangible examples of inefficient budget expenditure are visible. Thus, inefficient spending is going undercover. – Since the Oyu Tolgoi agreement made in 2009, there are no substantial foreign investments. Meanwhile, the government aims to implement 14 mega projects in coming years, inviting foreign investors. Is the groundwork prepared? – I’d prefer not to blindly blame the legal environment. Given the level of education, among us, we have a legal environment reflecting this level. Thus, claiming to tailor legal environments to foreign requirements is essentially enabling foreigners to stage their own desired platform and come. Rather, we need to develop ourselves, collectively understanding investment environment conditions to progress. Legal environments should not be structured to solely accommodate foreign investment. Why is it necessary to bring certain foreign investment into several sectors? What were they doing for 8 years without building a coal power plant? The cost estimates in the budget rise annually. Yet, they have not been included in next year’s 35 trillion budget allocation. Something else seems to be pursuing these policies. Why is it necessary to bring foreigners into this project? After all, international financiers will not lend to coal-fired power plants. Building with our budget, we could establish extremely cheap electricity and energy plants. Using existing resources is a national policy, making optimal use of existing resources, rushing into new things. – Inflation directly impacts citizens' lives now. The Bank of Mongolia is forecasting single-digit inflation. In terms of government-implemented budget and monetary policies, are citizens benefiting or losing? – To put it directly, they are losing. Most of the operating costs are policies that drive up inflation. Moreover, if heating and electricity prices are raised, inflation will further escalate. They claim these prices are cost-based. Who has calculated these costs untangled from theft? Thus, the theft issue must first be rectified before discussing cost expenses. Speaking of reforms after 8 years of policy dormancy does not work. What was the standing committee controlling energy pricing policies doing? Accountability must be ensured on this issue.
The Coalition of Three Parties in Government is Backtracking on Its Promises
Published: 2024-11-04 | Translated from: itoim.mn
The caucus of the Democratic Party (DP) in the State Great Khural has held its regular meeting to hear information about the management, human resources, and financial situation of state-owned companies, as well as the case related to journalist N.Önörtség. In state-owned companies, nearly three times more money is circulating compared to the state budget. However, due to their low efficiency and high corruption, the DP caucus has decided to establish a working group to address this issue going forward. An appeal hearing regarding the case related to journalist N.Önörtség will be held. The DP caucus heard a closed briefing on this issue. N.Önörtség was investigated by the legal authorities on more than 20 issues. All but one of these issues can be discussed openly. Therefore, the DP caucus has expressed the position that the issue related to state secrets at the appeal hearing should be held in closed session, while the other 20 issues on which verdicts were received should be discussed openly, and has made specific proposals. After the briefing, some members of the State Great Khural are proposing initiatives to reduce the 2025 budget expenses, and journalists asked if the DP caucus and members support this. DP caucus leader Tsogtgerel O. stated that the DP and its caucus are technically in the minority. However, he emphasized that they are not in an opposition position, as they are part of the coalition government. While in the minority, it's difficult to be labeled as the opposition. Nonetheless, many DP caucus members have consistently been critical of the state budget. He noted that the 2025 budget proposal is the largest in Mongolia's history, which includes the most ministries, the most ministers, and 300,000 civil servants. That's why it will be touted as the largest budget in history. Political parties had pledged to reduce state involvement in the economy. However, the truth is that the three parties in the coalition government are increasing state involvement. DP caucus deputy leader Purevdorj B. mentioned that the action plan for the 2024-2028 coalition government has been approved. The 2025 budget is being presented in accordance with this action plan. This budget finances only 38 projects and programs, which are intended to diversify the economy, generate revenue, and bring the economy to a new level. Unfortunately, following the adage of "following the tail," the flow expenses of ministers and outsourced work and services have increased uncontrollably. He pointed out that a single meeting is being held for 300 to 400 million tögrögs and that there aren't enough measures to cut these costs. Outsourced work alone amounts to 1.4 trillion tögrögs, most of which are intended for citizen festivities and celebrations. He expressed regret that no decisions are being made, and the voice of minorities is not being heard.
D. Amarbaysgalan: Women's Representation in Parliament Reaching 25% Leads the Region
Published: 2024-11-04 | Translated from: montsame.mn
To mark the 100th anniversary of the Declaration of the Republic and the adoption of the First Constitution, the Parliament organized the third “Meeting of Women Parliamentarians” today. Speaker of Parliament D. Amarbaysgalan delivered the opening speech, which is presented here in full. "Distinguished women parliamentarians, esteemed guests, and participants, Greetings on this occasion marking the opening day of the events celebrating the 100th anniversary of the Declaration of the Republic and the adoption of the First Constitution. Today, these commemorations begin with the third "Meeting of Women Parliamentarians." Mongolia is working diligently to strengthen its parliamentary governance, further refine it, and move in step with international standards while providing leadership in the region. Achieving this goal, the ninth parliament was composed of 126 members. A total of 32 women were elected to parliament, securing 25% female participation. This is a leading figure in the region and aligns with the world average. We express our gratitude to the experienced women parliamentarians who have attended and advocated for women's right to be elected to parliament. Heartfelt thanks go to the United Nations Development Programme and the Korea International Cooperation Agency (KOICA) for collaborating with the State Great Khural and political parties in promoting gender equality. Historically, from the time of Chinggis Khan, Mongolia has had a tradition where queens actively participated in state affairs alongside wise advisors. Preserving this tradition, 100 years ago on November 26, 1924, when the First Constitution was adopted, Mongolia became one of the first nations in Asia to enshrine equal voting rights for men and women, regardless of race, religion, or gender. From the initial electoral law enacted under the 1950 "BNMAU Parliament Election Rules," Mongolia has continuously improved its electoral framework. A notable example is increasing the number of MPs to 126, fully ensuring women's participation by allowing them to run under the legally specified quota, which is a significant achievement. In the 2024 elections, political parties have nominated women for 30% of all candidacies; by 2028, this will increase to 40%. We have managed to enshrine this in law, and we foresee achieving gender equality by reaching 50:50 in the future. Reaching this outcome has not been an easy journey. We systematically conducted efforts to maintain gender balance at decision-making levels, organized open discussions within political parties, and collaborated successfully with international organizations. During this process, the UNDP Resident Representative Elaine Conkievich mentioned that while their organization operates worldwide, this was the first time they engaged in a memorandum of understanding with political parties to promote gender equality. This support confirmed the significant initiative aimed at refining Mongolia's parliamentary governance and achieving equality. In consensus and understanding among parties both in and out of parliament, significant reforms were made in 2023 by amending the Constitution of Mongolia. Amid demands during the local elections last October, aligning the "Law on the Elections of the Parliament" with the "Law on the Local Government Elections" to support gender equality became a proven landmark. Political parties have begun to change their approaches, which is why significant reforms were successfully incorporated into the "Law on Political Parties," effective from January 1, 2025. This law ensures that 40% representation in decision-making bodies of parties is accorded to women. International researchers note that the alignment of Mongolia's constitutional amendment, political party law, and the legislative and regulatory changes for the State Great Khural elections could lead to substantive change and reform. We have demonstrated this capability, as evidenced by the abovementioned process. Just as our initiative to ensure women's participation at the political decision-making level is being realized today, there is a need to focus on increasing and enabling women's participation and leadership in the private sector and among business entrepreneurs. While these changes cannot be legislatively managed or organized, the political leadership's impact will undoubtedly further cement and solidify this status at the private sector and entrepreneurship levels. We aim to fully provide conditions and opportunities for gender equality in the "Law on the Elections of the State Great Khural" and to ensure women's participation at the local decision-making level. As the trends of the 21st century, Mongolian traditions, and change and reform concentrate on one policy, we believe this goal will be fully achieved. The State Great Khural will actively collaborate and lead in this direction. Ladies and gentlemen, With the proud tradition of queens and women in Mongolian history who have dedicated their minds and efforts for the well-being of the state and the country, may your noble actions flourish, and I wish you all the best.”
Supreme Court Will Not Review the Case of the Government Monitoring Agency's Team Leader Who Lost State Secrets
Published: 2024-11-04 | Translated from: unuudur.mn
The Supreme Court's Criminal Chamber has declined to review the case involving D. Gan-Erdene, who formerly served as the Director of the Information Technology Department at the Ministry of Justice and Internal Affairs (MOJIA) and is currently concurrently holding the position of Team Leader of Management and Internal Monitoring at the Government Monitoring Agency (GMA). This case had been privately reviewed by the primary court of the Criminal Court of Chingeltei District last March, resulting in a fine of 650,000 MNT. However, D. Gan-Erdene, together with his lawyers, appealed to the Capital City Criminal Court of Appeal, which nullified the verdict and returned the case for re-examination at the primary court level. Having served in various responsible governmental organizations such as the Secretariat's Information Technology Department, MOJIA, and the General Authority for State Registration, D. Gan-Erdene came to hold his current position at GMA. He was charged under Article 19.13-1 of the Criminal Code, concerning "the disclosure of information, documents, and items classified as state secrets by individuals entrusted due to their official duties, without elements of treason, or illegal collaboration with foreign intelligence services, organizations, or persons," and the case was transferred to court. The prosecutors responsible for oversight at the National Prosecutor's Office objected to the ruling of the appellate court and appealed to the Supreme Court, which decided not to review the case. As a result, the case related to D. Gan-Erdene will be re-examined by the primary court of the Criminal Court of Chingeltei District.
Economy
Rio Tinto Seeks New Agreement with Mongolian Government and Entrée Resources
Published: 2024-11-04 | Translated from: gogo.mn
Sources have reported that the CEO of Rio Tinto has arrived in Mongolia for negotiations. The Rio Tinto company aims to establish a new tripartite agreement with the Government of Mongolia and Entrée Resources, a company listed on the Toronto Stock Exchange, in order to prevent a decline in copper content and production levels at the Oyu Tolgoi project. Over the weekend, sources informed that the CEO of Rio Tinto Group came to Mongolia for discussions. Specifically, negotiations over the last 20 years have focused on integrating copper-rich areas owned by Entrée Resources with the Oyu Tolgoi project. It has become necessary to finalize this agreement within the next eight weeks to maintain this year’s production level at the mine. If Rio Tinto's activities proceed as planned, the Oyu Tolgoi mine is projected to become the fourth-largest copper mine in the world by 2030.
Should We Expose the Biggest Financed MES 'Theft'?
Published: 2024-11-04 | Translated from: news.mn
Three years ago, the "theft" of the Education Loan Fund caused a public uproar. In 2023, information about the people who received loans from this fund was made public in accordance with the law, as stated by former sector minister L. Enh-Amgalan. At that time, information related to 421 students who studied at the top 100 universities abroad, such as their names and their parents' names, was disclosed. However, until now, the "theft" of the special fund has not been exposed, and no responsibility has been assigned. Upon accessing the finance section of the Education Loan Fund's website, the names of the children of current high-ranking government officials, including former Parliament Speaker G. Zandanshatar and Deputy Prime Minister S. Amarsaikhan, were found clearly written. This shows that it is more often the children of powerful officials rather than ordinary citizens who benefit from the special fund's loans, confirming it's an undue privilege. During last week's Parliamentary session, Member O. Batnairamdal stated, "11.6 trillion MNT has been allocated to 22 special government funds this time. From this, we should take the Social Welfare Fund, the Pension Insurance Fund, and the Health Insurance Fund. They account for 92% of the total amount. The remaining 19 funds have 947 billion MNT allocated. It is commendable that the three funds with the greatest growth this year are the Professional and Technical Education Support Fund, the Employment Support Fund, and the Education Loan Fund. These funds total 546 billion MNT, accounting for 57.6%. The Education Loan Fund will increase by 51 billion. A total of 103 billion MNT was allocated to four categories: government scholarships, presidential scholarships, government contracts for studying abroad, and scholarships for studying abroad. Will the selection process for this loan fund be fair and reach the rightful beneficiaries?" In response, Minister of Education P. Naranbayar explained, "The budget for the Education Loan Fund is increasing this year, including the previous year's additional funding for students who passed. For example, 790 students from 2100 presidential scholarship recipients are currently studying, and the number of students is increasing each year. In addition, it has been decided that one child of a teacher who has taught continuously for 15 years can be educated at government expense. The fund's budget is increasing as the types of services provided are expanding." First to "blow the whistle" and expose the illegal activities related to the Education Loan Fund, O. Siilegmaa has been appointed as the head of the working office of the loan fund. In an interview, she emphasized, "I will see through to the end of the work I started." Most recently, in October 2024, the Standing Committee on Education, Culture, Science, and Sports convened and discussed the issues concerning the Education Loan Fund, forming a working group. The group's members include Sh. Byambasuren, J. Galbadrakh, G. Damdinyam, O. Saranchuluun, B. Naidalaa, M. Sarnai, and S. Erdenebat, including some who have taken loans themselves. The working group has announced its intention to collaborate with the sector ministry and other organizations. Minister P. Naranbayar presented the Anti-Corruption Agency's findings, stating that 87.6 billion MNT were annulled from 800 students' loans through 17 ministerial orders since 2008, according to the current exchange rate. These orders, deemed illegal, were nullified by the Anti-Corruption Agency on September 30, 2024. Notably, the
Foreign Exchange Reserves Reach $4.7 Billion as of October, Increasing by 0.87% from the Previous Month
Published: 2024-11-04 | Translated from: gogo.mn
Foreign exchange reserves in Asian countries have increased to $6.4 trillion recently. As of October, Mongolia's official foreign exchange reserves have reached $4.7 billion, an increase of 0.87% from September. Although the reserves decreased to $4.66 billion in September, they remain higher than the same period in 2022. Throughout October, the Bank of Mongolia reported that it supplied a total of $795.2 million to commercial banks through foreign exchange auctions at various exchange rates. Analysts state that countries' foreign exchange reserves play a crucial role in mitigating exchange rate fluctuations resulting from the US presidential election results. Strategists suggest that if Donald Trump regains power and re-initiates a 'Trade War', Asian currencies will continue to weaken. Excluding Japan, Asian countries' total foreign exchange reserves amounted to $6.2 trillion at the end of 2023, up from $5.9 trillion a year earlier, and have now increased to $6.4 trillion. China accounts for almost half of these reserves, while India's reserves have reached an all-time high of $700 billion. For Mongolia, the Bank of Mongolia highlights that increased imports and seasonal spending have been the main factors affecting the depreciation of the Mongolian tugrik in October.
B. Batbaatar: Within the Central Bank's Authority, a Bank Account Can Be Frozen Within Three Working Days
Published: 2024-11-04 | Translated from: ikon.mn
The General Police Department (GPD) issued a warning and information regarding the situation of fraud crimes being committed using electronic tools by foreign criminal groups. Deputy Colonel S. Taivan stated that "the movement of the account receiving money obtained through electronic crimes will be limited or frozen." In connection with this, B. Batbaatar, head of the Financial Information Department of the Mongol Bank, provided the following response. He said, "The Central Bank will work in collaboration with law enforcement agencies and other competent state organizations to prevent incidents on Telegram and electronic fraud. We regularly carry out activities to quickly and efficiently receive relevant information from banks, connect, impose restrictions, and freeze accounts. Within the authority available to the Central Bank, it is possible to freeze a bank account within three working days. Based on law enforcement's analysis and execution of certain information, it is possible to freeze in a timely manner with the prosecutor's approval and proceed with resolving the case." He also added, "In recent years, internationally occurring crimes, or operations to conceal their financial sources and settlements, have increasingly shifted to cryptocurrencies. It has also moved to other assets like equivalent coins. In our country, the sources of electronic fraud are going through certain banks, using people's accounts, entering into cryptocurrencies, and disappearing. In this direction, we are working closely together with state organizations." Warning: Media organizations (TV, radio, social, and websites) must note that when using our information in any form, whether in full or in parts, they must cite the source (ikon.mn).
With Every Citizen Having a Credit Score, the Concept of a 'Blacklist' Has Disappeared
Published: 2024-11-04 | Translated from: isee.mn
The "E-Mongolia Academy" and "Titan C.R.A ZMS" LLC have collaborated to digitalize the credit score reference service through the Sainscore credit information database. Regardless of which bank a citizen is a borrower from, they can analyze their credit information in the database, allowing each person to have a credit score. This score ranges from 300 to 850. With each person having a credit score, the concept of a blacklist disappears and is replaced by the question, "What is my score?" Having a credit score visible to lenders and the financial sector eliminates the need for a credit information reference. Instead, the amount of credit available is determined based on the credit score. The FICO Score is a risk assessment model that rates a borrower's likelihood of repaying their loan with a numerical value. FICO Scores are internationally recognized and are the most commonly used credit scoring model, representing a borrower's risk from 300 to 850 points. The higher the score, the better the borrower is perceived to be, indicating a higher probability of loan repayment and lower risk. To access the service, one can log into their account on the "E-Mongolia" system and search for the service name "Credit Score Reference (Fico Score)" to obtain their reference. Service access link: https://e-mongolia.mn/service/zeeliin-onoony-lavlagaa-(fico-score)
The Bank of Mongolia Purchased 1.9 Tons of Precious Metals in October
Published: 2024-11-04 | Translated from: news.mn
In October 2024, the Bank of Mongolia purchased 1,902.5 kg of precious metals, bringing the total amount purchased since the beginning of the year to 14.1 tons. This represents a decrease of 0.6% compared to the same period last year. From the beginning of the year, the Darhan-Uul Province branch of the Bank of Mongolia has purchased 670.9 kg, while the Bayankhongor Province branch has purchased 1,085.7 kg of precious metals. The purchase price of precious metals by the Bank of Mongolia is set based on the global market price. In October 2024, the average price for purchasing gold was 292,856.04 Mongolian Tugriks.
Diplomacy
MIAT TӨHK and Air China Sign Code Sharing Agreement
Published: 2024-11-04 | Translated from: ikon.mn
The national air carrier of Mongolia, MIAT TӨHK, has expanded its partnership with China’s national air carrier and Star Alliance member Air China by signing a code sharing agreement. This cooperation aims to increase flight options for passengers between Mongolia and China and to improve the connectivity of the flight networks of the two air carriers, offering more flight schedule options. Within the framework of this agreement, MIAT TӨHK will serve as the marketing carrier for Air China on the Beijing-Ulaanbaatar-Beijing and Hohhot-Ulaanbaatar-Hohhot routes, while Air China will serve as the marketing carrier for MIAT TӨHK on the Ulaanbaatar-Beijing-Ulaanbaatar and Ulaanbaatar-Guangzhou-Ulaanbaatar routes. This is notable for laying the foundation for broader cooperation in the future. During the signing ceremony, representatives from both airline companies exchanged ideas on expanding domestic and international flight networks and enhancing cooperation in ground and technical services, among other areas. Air China began its service on the Ulaanbaatar route over 30 years ago, in 1991, and since then has been discussing this cooperation. The formal agreement was signed on November 1, 2024. Warning: Media organizations (Television, Radio, Social and Web pages) must cite the source (ikon.mn) when using our information in any form, fully or partially.
Prime Minister L. Oyun-Erdene to Attend “Shanghai Expo - 2024” Event
Published: 2024-11-04 | Translated from: isee.mn
The Ministry of Commerce of the People's Republic of China, in collaboration with the People's Government of Shanghai, is set to organize the 7th “China International Import Expo” from November 5 to November 10, 2024, in Shanghai. Prime Minister L. Oyun-Erdene will attend the expo to support enterprises and engage in high-level discussions to explore new avenues of cooperation. Today, he will depart for Shanghai, China. The main goal of this exhibition is to enhance the export of goods from countries around the world to the Chinese market, expand international trade, and share opportunities for cooperation. Having been successfully held for six years, this exhibition has expanded its scope annually. At the 6th expo in 2023, more than 3,400 enterprises from 128 countries participated, with a total of 410,000 visitors attending. The expo covers a total area of 500,000 square meters and consists of the following sections: - Smart equipment and advanced technology - Automobiles - Consumer goods - Food and agricultural products - Medical equipment, instruments, and health products - Tourism - Culture and education - Transportation and logistics services - International display area During the expo, over 90 sectoral sessions, business meetings, and events will be organized. For this year's expo, six standard booths have been pre-booked in the consumer goods section. The goal is to include representatives of enterprises that produce quality standard-compliant products with the aim of expanding their export markets. Preparations have been made to organize their participation in a unified manner. This highly effective event, which provides a tremendous opportunity to export goods to China, the world's largest market, will gather representatives from more than 128 countries, leading enterprises, sector leaders, and investors all under one roof to expand cooperation, share experiences, and potentially establish new business partnerships. It is currently unclear which of our national manufacturers will be participating.
J. Enkhbayar to Lead the Mongolia-Kazakhstan Intergovernmental Commission
Published: 2024-11-04 | Translated from: gogo.mn
Mongolia and Kazakhstan have agreed to have Mongolia's Minister of Food, Agriculture, and Light Industry, J. Enkhbayar, lead the Mongolia-Kazakhstan Intergovernmental Commission. Specifically, at the invitation of President U. Khurelsukh, the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, made a state visit. During this visit, the two countries agreed to elevate their relations to the level of a "Strategic Partnership." In this context, the cooperation will be deepened and expanded in five main directions: - Politics, security, and defense; - Trade and economy; - Education, culture, science, and information technology; - Transport, logistics, tourism, and people-to-people exchanges; - Regional and international collaboration. J. Enkhbayar, heading the commission, will focus on expanding relations and cooperation in the areas of transport and logistics, agriculture, culture, tourism, and information technology between the two countries. Mongolia and Kazakhstan aim to intensify cooperation in agriculture. This includes testing Kazakhstan's early-maturing, drought-resistant grain varieties in Mongolia, organizing joint scientific research and studies, and exporting meat and meat products from Mongolia to Kazakhstan and through Kazakhstan to third countries in the region. Additionally, there are plans to implement joint projects with Kazakhstan's rice cultivation experience in Mongolia and increase the supply of "Kazakh white-headed" cattle to Mongolia. Moreover, the "One Billion Trees" national movement and Kazakhstan’s "Two Billion Trees" initiative will be aligned to work together in the field of tree cultivation. Source: Ministry of Food, Agriculture, and Light Industry
Zelensky: Mongolia Lacks Autonomy
Published: 2024-11-04 | Translated from: news.mn
Ukrainian President Zelensky gave an interview to 'The Times of India' concerning the International Criminal Court's order to arrest Putin. He stated, "The International Criminal Court cannot resolve the situation alone. It also cannot fully influence Putin and his supporters. However, if world leaders, the International Criminal Court, the UN, and the G-20 all unite, they can stop this war. We saw the influence of the International Criminal Court. Putin is unable to travel freely in most countries. Many leaders who have accepted the Rome Statute are refusing to visit Russia." He also mentioned Mongolia. During Putin's visit, his non-arrest was an indication of Mongolia's lack of autonomous decision-making ability, according to him. "Mongolia's failure to arrest Putin shows its disregard for international law," Zelensky has previously stated. In connection with this matter, Ukraine declared diplomatic protest against Mongolia on September 12. Last March, the International Criminal Court issued an arrest warrant for Putin for war crimes of unlawfully deporting hundreds of children from Ukrainian territories. According to this warrant, member states of the court, which number 124, must arrest Putin if he sets foot on their territory. The International Criminal Court announced last month that it had referred Mongolia to the Assembly of State Parties. The Assembly of State Parties will convene in The Hague this December. SOURCE: ZMINA
Infrastructure
Agreement finalized for the feasibility study of the "Kherlen Toonoo" Project, one of the 14 mega projects to be implemented by the government
Published: 2024-11-04 | Translated from: isee.mn
The contract for the feasibility study of the "Kherlen Toonoo" project, one of the 14 mega projects to be implemented by the government, was finalized and signed last Friday. Specifically, the Government of Mongolia's 2024-2028 action plan includes the implementation of 14 mega projects to expand the economy. Within this framework, "Erdenes Oyu Tolgoi" LLC is responsible for developing the feasibility study of the "Kherlen-Toonoo" multi-purpose water complex project on the Kherlen River. An open tender for the organization to develop the feasibility study (FS) of the "Kherlen Toonoo" project was announced in July this year, where "MonHydroConstruction" LLC was selected. The CEO of "Erdenes Oyu Tolgoi" LLC, E. Gankhüü, and the director of "MonHydroConstruction" LLC, B. Oyunbileg, signed and validated the service agreement. "Oyu Tolgoi" LLC will fund the feasibility study for this project, and the contractor company plans to complete the FS within 1.7 years.
Press conference on household electricity tariff revision postponed indefinitely
Published: 2024-11-04 | Translated from: ikon.mn
In an effort to reduce losses in the energy sector and ensure future reliability, a tariff revision has been planned. The decision on how to revise the tariffs was scheduled to be announced today at 9:00 AM by the Energy Regulatory Commission (ERC) during a press conference. However, it has been postponed indefinitely. Preliminary estimates suggest that household electricity tariffs are expected to increase by 29.6%. Warning: Media outlets (TV, radio, social media, and websites) must cite their source (ikon.mn) when using our information in any form, whether in full or in part.
Ulaanbaatar to Implement 'School Zone' Project
Published: 2024-11-04 | Translated from: ikon.mn
The Korea International Cooperation Agency (KOICA) is set to implement the 'School Zone' project in Ulaanbaatar, which aims to establish school zones and enhance traffic safety capabilities. The projects to decentralize Ulaanbaatar and reduce congestion are planned to be implemented in stages through budgetary and international organization funding, following the principles of public-private partnerships. In this context, the project will also involve improving urban planning, infrastructure, and the quality and accessibility of public services by empowering state officials. Furthermore, the KOICA agency has expressed its willingness to cooperate with the city's transportation police in capacity building. Warning: Media outlets (Television, Radio, Social Media, and Websites) are reminded that they must credit the source (ikon.mn) when using this information in any form, whether fully or partially.
Society
Transnational 'KK Park' Group Conducts Illegal Activities Targeting Mongolian Citizens
Published: 2024-11-04 | Translated from: ikon.mn
The General Police Department is issuing warnings about Mongolian citizens falling victim to cyber crimes. It has been reported that crimes committed using the Telegram platform are increasing rapidly and that a significant amount of money is being defrauded from our citizens. During investigations into such crimes, some evidence was uncovered, which was shared by S. Taivan, head of the Cyber Crime Bureau of the Criminal Police Department. He stated, “Preliminary investigations have identified that a transnational criminal group named 'KK Park,' operating in the border areas of Thailand and Myanmar, which are under military regime control, is involved in committing these types of crimes. 'KK Park' uses the Telegram platform, which does not cooperate with law enforcement agencies. Therefore, Telegram is a platform that conceals crimes and guarantees their security. Criminals are widely using this platform. Consequently, 619 Mongolian citizens have become victims through this method." The process by which the crime is committed involves having the funds of the victims transferred to the accounts used by certain individuals. Then, through 2-3 commercial banks in Mongolia, these funds are transferred internationally in a very short time, within 1-2 minutes. Afterwards, they are sent to international cryptocurrency exchanges and online gambling sites. The 'KK Park' group carries out their crimes by funneling the money flow from these gambling sites and crypto exchanges. This international criminal group is attacking the finances, mental state, and monetary wealth of Mongolian citizens. What kind of group is 'KK Park'? They are involved in human trafficking, drug trafficking, and cyber fraud crimes. This criminal group is estimated to have 20,000 employees. They operate under strict regimes, making people work continuously for 17 hours. It has been reported that Mongolian citizens have also gone there and are committing labor exploitation and cyber fraud crimes. Upon arrival, armed soldiers receive them, confiscate their passports, and assign them foreign names. They are continuously forced to work under these names for 17 hours straight. They engage in three types of operations. Specifically, they study the legal systems and the loopholes of the countries they are targeting for cyber fraud. They run ads as bait in order to exploit those loopholes. Subsequent advertising targets the consumers of that country. Once consumers fall for the bait, the organization known as the ‘Kill’ group, or assassins, completes the last operation by unlawfully extracting money from citizens. This group is conducting operations targeting our country. They are located at the uncontrolled border area between Myanmar and the Thai town of Myawaddy. Such a dangerous criminal group is conducting operations directed toward Mongolia," emphasized S. Taivan, head of the Cyber Crime Bureau of the Criminal Police Department. Warning: Media organizations (TV, radio, social media, and websites) are requested to credit the source (ikon.mn) when using our information in any form, whether fully or partially.
Video: People who gave up their land for "Delgerekh Apartment" with high hopes of development left without homes, living in rental accommodations
Published: 2024-11-04 | Translated from: isee.mn
Many people say they paid money to reserve homes that were not yet operational but have been unable to move in for many years. Such scams are becoming more widespread. They have turned to courts and police, but legal proceedings take at least 2-3 years. To warn people, we reported on a similar case and spoke to a woman who has been unable to move into her home for many years. "We were promised homes in the apartment ready by the fourth quarter of 2023, but still cannot move in," says people who entrusted their land to "Delgerekh Apartment." Specifically, Z. Selenge, who vacated her land for the construction of "Delgerekh Apartment," located northeast of Bayanzurkh District General Hospital, still hasn't received her apartment. She initially vacated her land in May 2023 with a contract to receive a two-room apartment in the fourth phase of a building set to be operational by the fourth quarter of 2023, according to "Delgerekh Tavan Chandmani" LLC, the company building the apartments. By the fourth quarter of 2024, she was still asking questions about moving into her apartment, only to be told by "Delgerekh Tavan Chandmani" LLC that she would be moved into an apartment whose construction would begin in 2025. The contract specified the fourth phase building, which will start construction next year, in 2025. Frustrated, she reached out to our website. Orders are being taken for "Delgerekh Apartment," and initial residents have begun moving in. However, many complain they have not been given their apartments within the promised timeframe despite having handed over their land. The "Delgerekh Tavan Chandmani" LLC, whose director is E. Munkh-Od, has built a total of five blocks of buildings. People who vacated their land are living in rentals. Initially, they were told they would receive apartments from the building by the fourth quarter of 2023, but now they are told, "Our fourth phase building will begin construction in 2025. It seems we mistook the year and month when contracting with you." As a result, those who gave their land to "Delgerekh Tavan Chandmani" LLC have been living in rental apartments for two years. This situation creates conditions where they might have to rent apartments for another 2-3 years. Although affected people wish to turn to legal institutions, they fear losing time and money in lawsuits that drag on for at least 2-3 years, leading them to feel helpless. Thus, people who supported the redevelopment project and gave their land for "Delgerekh Apartment" have been unable to move into their homes for many years and are faced with living in rental apartments for another 2-3 years. The main wish of these people is simply to live in the apartments that were supposed to be operational by the fourth quarter of 2024 and have a place to call home at last.
Cases of fraudulent job postings with high salaries have increased sharply, advising to delete the 'Telegram' app
Published: 2024-11-04 | Translated from: isee.mn
In response to the rise in fraud cases committed by foreign criminal groups using digital tools, the Cyber Security Council, the General Police Department, and the Mongolian Bank held a press briefing to alert citizens. Over 600 individuals have fallen victim through Telegram, with total damages of 6.8 billion MNT reported. The majority of victims are aged 25-45, with women accounting for 58% and men 42% when differentiated by gender. Additionally, 46.2% or 286 individuals were defrauded by purchasing goods with the aim of increasing sales; 29.8% or 185 individuals were deceived through tasks related to TikTok or liking specified posts; and 17.2% or 106 individuals were harmed by giving ratings in advertisements for organizational activities and products. The police also mentioned that this crime is orchestrated by Myanmar's "KK Park" criminal group. Therefore, citizens are advised to be cautious, conduct thorough research regarding any information, and either delete the Telegram app when not needed or make it private by entering the Settings section.
What to Do If You Fall Victim to Telegram Fraud
Published: 2024-11-04 | Translated from: ikon.mn
The General Police Department continues to provide information to prevent individuals from falling victim to crimes committed via Telegram accounts. Recently, crimes have emerged where criminals use AI to alter a person's facial image and voice for advertising purposes. For instance, advertisements have been spread stating, "I made a profit of $1,500 with my Telegram account. Join us." This is a new form of text-based fraud targeting citizens. Citizens are advised to be vigilant and prevent the spread of false information in poster form and from deep fake sources. What to do if you fall victim to Telegram fraud? It is essential to contact the police at 102 and also call 51-265666 to quickly report the crime to the authorities. You can reach out to the Cyber Crime Department or the official blue-badged page. "We freeze or limit the money transferred through criminal means at the bank," said Deputy Colonel S. Taivan, explaining that after receiving information from the victim, investigators at the Cyber Crime Department assess the situation and send specific requests to banks. They limit or freeze transactions in the account receiving illegal funds, preventing money from reaching the criminals. Based on the restrictions established at the bank, investigation activities are carried out, and efforts are made for restitution. Warning: Media organizations (television, radio, social media, and websites) must credit the source (ikon.mn) if they fully or partially use our information.
Journalist N.Ünürtsokh Declares Hunger Strike
Published: 2024-11-04 | Translated from: news.mn
The appellate court hearing related to journalist N. Ünürtsokh is scheduled to take place on Thursday. She has expressed her desire for the proceedings to be open and transparent to the public through an open letter. She has also submitted an official request to the relevant authorities. However, since it is still uncertain whether the trial will be held openly, she has announced through her lawyer that she will begin a hunger strike from today. In her message conveyed through her lawyer, journalist N. Ünürtsokh stated, "I will not accept being wrongfully accused behind the 'top secret' stamp. I have no criminal acts that have been hidden from the public, and N. Ünürtsokh wants to publicly disclose what crime I am accused of committing. I have painfully experienced being charged behind closed doors for two days. I am afraid of being judged behind closed doors again. Therefore, I oppose the closed trial and declare a hunger strike in my jail cell today."
Mongolian Citizens Involved in Stabbing Incident in South Korea
Published: 2024-11-04 | Translated from: isee.mn
In South Korea, a Mongolian citizen allegedly stabbed and killed another Mongolian during a drunken altercation, according to local media reports. The incident occurred in a park in Suwon, Gyeonggi Province, involving individuals in their 20s, and the suspect has been arrested by the police. According to a statement from the Suwon police department, a Mongolian citizen identified as A was drinking alcohol with an acquaintance identified as B (a Mongolian citizen in his 30s) in a park in Gwonsungu, Suwon city, when A allegedly stabbed B, resulting in B's death. The incident happened around 8:20 PM on the 2nd of this month. It was determined that the victim, B, was an illegal immigrant. Both A and B are Mongolian citizens, and A has claimed that B sexually assaulted his wife. The police stated, "The suspect A appeared to have prepared the weapon in advance and planned to commit the crime. The case is under detailed investigation." We will provide further updates on this matter.
WARNING: A Citizen Lost ₮195.8 Million After Initially Earning ₮9,000 from TikTok Tasks
Published: 2024-11-04 | Translated from: ikon.mn
A warning from the General Police Department of Mongolia highlighted a rising trend in online fraud perpetrated by foreign criminal groups using electronic means. In particular, over the last four months, 619 Mongolian citizens have fallen victim to fraud via the Telegram app, suffering a total loss of ₮10.3 billion, according to S. Taivan, head of the Cyber Crime Division in the Criminal Police Department. The largest individual loss involved a victim who, after 39 transactions, transferred ₮195.8 million to accounts deliberately prepared by the criminals. Originally, the victim earned ₮9,000 by completing a task on TikTok, but ultimately lost ₮195.8 million. S. Taivan also outlined the process behind these scams committed via the Telegram platform. Methods used in the scams included: - 286 citizens were defrauded by being asked to complete tasks related to purchasing and selling goods. - 185 citizens were victimized through tasks involving following TikTok accounts and liking posts to increase engagement. - 106 citizens lost money by evaluating company activities and advertising. - 31 victims transferred money into assigned accounts in a bid to 'increase' their funds, only to lose it. - Nine victims were scammed in the process of supposedly gathering materials required for loans. - Two victims provided access to their online banks to complete transactions, resulting in losses. Regarding the scale of losses: - The largest recorded loss was ₮195.8 million, transferred in 39 separate transactions. - Another citizen lost ₮135 million over four transactions. - Many more lost varying amounts: ₮123.5 million, ₮112.1 million, ₮107 million, ₮80.5 million, ₮76.4 million, ₮74.7 million, and ₮64 million. - In total, big sums of money ended up in 976 accounts, set up to facilitate these crimes. Over the past 45 days, Mongolian citizens have collectively lost ₮6.1 billion due to fraud on the Telegram platform. Mongolian citizens are being cautioned about these scams, and it was emphasized that the information provided by MPA's special license must be properly credited when used by media outlets.
Environment
KHUVSGUL: Launched the project "Ensuring Agricultural Management and Ecosystem Sustainability"
Published: 2024-11-04 | Translated from: montsame.mn
The project "Ensuring Agricultural Management and Ecosystem Sustainability" aims to contribute to strengthening Mongolia's green and digital transition policy and activities for inclusive, sustainable development and will be implemented in the provinces of Khuvsgul, Selenge, and Khentii until 2028. The project focuses on promoting sustainable agricultural and forestry practices, improving vocational and technical education, introducing green technology to enhance productivity, improving livelihoods, and strengthening the resilience of ecosystems and biological diversity to ensure the sustainability of future generations. Minister of Environment and Climate Change S. Odontuya and European Union Ambassador to Mongolia, Ina Marciulionyte, participated in the 100th anniversary celebration of the forestry sector in Khuvsgul province, during which the project was launched in the province. This project is the second phase continuation of the "Ensuring Agricultural Management and Ecosystem Sustainability" project implemented under the Forestry Partnership. During the project's opening, Ambassador Ina Marciulionyte expressed her delight in participating in the 100th anniversary celebration of Khuvsgul province's forestry sector. She appreciated the launch of the project "Ensuring Agricultural Management and Ecosystem Sustainability" in Khuvsgul province at this historic anniversary and the beginning of the next 100 years of development and progress. She emphasized that the key to the project's success lies in the rich knowledge, experience, and cooperation of local foresters and citizens. Within the project's framework, it aims to support addressing global issues related to food supply, climate change, and gender inequality, to develop vocational and technical education and training programs, to enhance the policy and regulatory systems of the agricultural and forestry sectors, and to support integrated, sustainable, and climate change-adapted agricultural and forestry environmental management. The project also focuses on strengthening climate-resilient, sustainable value chains in agriculture and forestry, increasing the participation of girls and women, and aims to improve professional and technical vocational education and training in the agriculture and forestry sectors by working in collaboration with the private sector.
You will be rewarded for saving energy during peak hours
Published: 2024-11-04 | Translated from: news.mn
The Energy Regulatory Commission will announce by how much the energy prices will increase. According to the Energy Law, a decision to increase prices must be announced to consumers at least 14 days in advance. Energy demand peaked in 2022, which is an increase of 40 MW compared to 2021. The consumption of electric and thermal energy is growing consistently by an average of 7-8% per year. The peak load on the central region's unified network reached 1427 MW in 2022. It is expected to increase by about 100 MW each year, reaching 1680 MW by 2025. Therefore, among the actions planned in the energy sector for the coming year, it is mentioned that "You will be rewarded for saving energy during peak hours." "BY DISCONNECTING YOUR REFRIGERATOR BETWEEN 19:00-21:00, YOU WILL CREATE A 100 MW CAPACITY RESERVE" The peak winter energy demand period is approaching. In particular, peak demand usually occurs from 17:00 to 22:00 in December and January every year. Therefore, officials advise that during these hours, additional energy use should be minimized and unused electrical appliances should be unplugged. By using electricity wisely, it is possible to save 50-100 MW/h of energy. Internationally, it is considered that saving one kWh is equivalent to producing one kWh. Therefore, it is urged that people understand that all saved energy is equivalent to energy produced and to adopt proper energy usage practices. The total capacity of Ulaanbaatar city's thermal power plants is 994 MW. The installed capacity of renewable energy is 75 MW. During the peak winter load in 2023, the capacity reached 1696 MW. The large and small network system supplying Ulaanbaatar with electricity is in a condition where no new consumers can be added. For example, Ulaanbaatar has 34 substations and distribution facilities. Out of these, 17 have been in use for over 30 years and are aged with their operation time expired. Also, 21 out of the 34 substations cannot handle additional load.
Innovation
The Government to Collaborate with Huawei on Smart Transport and Traffic in Mining
Published: 2024-11-04 | Translated from: gogo.mn
The Government of Mongolia has decided to collaborate with Huawei to explore new technological experiences, build a smart city, and prepare young professionals in the digital energy and technology sectors. The Government of Mongolia is continuing its "New Revival Policy" and has decided to implement three transitions in line with technological development: first, to accelerate development using electronic and smart technologies based on artificial intelligence; second, to transition to green development; and third, to transition in human resources by enhancing capabilities and increasing productivity through modern technology. To achieve these transitions, the Government of Mongolia has partnered with Huawei to examine new technological experiences, build a smart city, and prepare young professionals in the digital energy and technology sectors. Prime Minister L. Oyun-Erdene has familiarized himself with the operations of Huawei, a global leader in technological research and development that draws significant attention from participants in the "7th China International Import Expo" starting tomorrow in Shanghai, China. Huawei started its operations in Mongolia in 2006. Over 50 engineers and technical specialists from Mongolia and other countries, all holding international professional certificates, are working to introduce high-speed, quality, and reliable networks to cities, provincial centers, remote soums, and baghs across Mongolia. In recent years, the company has been working on developing renewable energy and rural infrastructure for communication. Huawei's R&D centers are focused on fields such as artificial intelligence (AI), cloud computing, and big data. The company's Chief Executive Officer, Wan Jianfeng, introduced the company's operations. The government is ready to support collaborative efforts. Prime Minister L. Oyun-Erdene expressed to the company's management that the cooperation between Mongolia and China should expand to become exemplary for other countries. Therefore, a joint Working Group led by Ts. Baatarkhuu, Minister of Digital Development, Innovation, and Communication, has been established to intensify cooperation in 5G systems, smart mining transportation, smart traffic, and green energy. Huawei operates in over 170 countries, distributing Cloud AI, green energy, electric vehicles, smart devices, and high-speed 5G and 6G network technologies in the information, communication, and technology sectors. It surpassed Apple in sales in 2018 and Samsung in 2020, according to the Public Relations Office of the Government of Mongolia.
EVENT: Briefing on the Situation of Cyber Crime Using Electronic Devices
Published: 2024-11-04 | Translated from: ikon.mn
At 10:00 AM, a meeting of the Democratic Party and Mongolian People's Party parliamentary groups will take place in the State Palace. From 12:00 to 3:00 PM, working groups will convene.
At 11:00 AM in the Constitutional Hall of the State Palace, the "National Committee on Monitoring and Evaluation" will hold a press conference on current issues.
In the round hall of the National University of Mongolia, at 11:00 AM, a book launch and discussion on the topic of political party funding will be organized.
At 1:00 PM, the "Women Parliamentarians Congress 2024," with the theme "Participation and Leadership of Women Parliamentarians on the 100th Anniversary of the First Constitution," will be held at the Genghis Khan Museum.
At 10:00 AM in the Mongol Bank building, there will be a briefing by the Cyber Security Council, Communications Regulatory Authority, the Council on Crime Prevention Coordination, the General Police Department, and Mongol Bank on the situation of cyber crime using electronic devices by foreign criminal groups.
At 11:00 AM in the "B" hall of the Ministry of Health, a press conference on the situation and measures being taken regarding influenza and influenza-like illness will be held.
At 12:00 PM in the Appellate Court of the Capital City, M. Otgonbaatar, President of the Mongolian Sports Association, and representatives of sectoral associations will submit a request related to the appeal court.
Warning: It is important to note that media outlets (TV, Radio, Social and Web pages) must mention the source (ikon.mn) if they use our information in any form, whether fully or partially.
A Dual Degree Program Agreement was Signed between NUM and the University of Melbourne
Published: 2024-11-04 | Translated from: montsame.mn
National University of Mongolia (NUM) and the University of Melbourne have established an agreement for a dual degree program. Follow our updates at @montsame.mn
Health
The Operations of the Palliative Care Unit at the National Cancer Center Have Been Halted
Published: 2024-11-04 | Translated from: unuudur.mn
The operations of the Palliative Care Unit at the National Cancer Center (NCC) have reportedly been halted under the pretext of expansion, preventing the admission of new patients. According to a source, a citizen who visited the unit last Friday to admit their father was told that an expansion was underway and was instead temporarily placed in the Emergency Department. Shortly thereafter, they were transferred to the Bayanzurkh District General Hospital. Other patients who came to be admitted were similarly turned away. When asked about this, the director of the center, N. Erdenekhuu, stated, “We are currently renovating the Palliative Care Unit, which has 15 beds. As a result, its operations have been temporarily stopped. According to the 2015 directive of the Minister of Health, patients requiring palliative care should be admitted to the palliative care units of district and provincial hospitals. Official letters have been sent to these hospitals. However, our hospital continues to provide emergency services and, when necessary, palliative care services in the Surgery and Radiation Therapy Departments.” In response, the center’s staff posted on their website that “The Palliative Care Unit is operating normally. However, due to the upcoming renovations next week, beds will be allocated to different departments.” It is anticipated that the expansion work of the Palliative Care Unit will continue for six months. In the meantime, it remains uncertain where severely ill patients hovering between life and death can receive assistance and services. Provincial and district general hospitals tend to avoid admitting patients diagnosed at the final stage of cancer. There is significant public discontent due to the disruption of specialized departmental operations that are supposed to accept critically ill patients suffering from complications such as malnutrition and hemorrhage.
Sports
Tax Policy Begins to Positively Affect Sports Development
Published: 2024-11-04 | Translated from: ikon.mn
Basketball in Mongolia has become more spectacular, competitive, and interesting than ever before in its history. With a new arena, new teams, and new names, its 30th anniversary is bringing joy to its fans. Team owners are also taking center stage by attracting public attention. Currently, the on-court and off-court rivalry between O. Munkhjin, owner of "SG Apes," and L. Naranbaatar, owner of "Selenge Bodons," is bringing positive change to sports. Their rivalry, which started with "SG Apes" and "Selenge Bodons," continued with a 120 million agreement with their rival A. Bazargur and is now reportedly entering Mongolian volleyball. O. Munkhjin, who combined forces with the "Shunkhlai" group, recently collaborated with the Omnogovi "Shankh Trans" volleyball team and renamed it "SG Hawks." His team has begun the league season colorfully. L. Naranbaatar, not to be outdone, has targeted the "Khasu Megastars" volleyball team. Volleyball enthusiasts know the "Khasu Megastars" team very well. Just a few years ago, they dominated the league and won the championship cup and gold medals. However, in recent years, the "Natur Med" and "Shankh Trans" teams have strengthened, balancing the league. This year, the main championship competition seems likely to be among these three teams. Why have entrepreneurs, major groups, and companies recently been investing so much in sports? There's almost no business model that brings profit and income. The answer lies in the amendments to the Corporate Income Tax Law. This change allows taxpayers to make social investments unrelated to income-generating activities, providing financial support and donations that reduce taxable income by up to 1%. This is why groups and companies have begun actively participating in social activities such as arts and sports, enjoying tax benefits as part of their social responsibility. Stemming from this positive change, business and sport are operating according to a win-win principle. In the future, entrepreneurs will focus more on construction and development of sports facilities, rather than merely investing in sports teams. We can see how quickly private sector developments come into use with examples like the UG Arena. However, state projects lag, stall, and suffer budget issues, taking 10 years, as demonstrated by the "United Arena" in Darkhan. In a few years at this pace, sports in Mongolia might become a profitable sector. Each team having its own arena and fan base will expand the small retail market with revenue from live broadcasts, ticket sales, merchandise sales, advertising, and partnerships. Thus, the improved legal environment due to tax law is creating competition in the sports market, as shown by O. Munkhjin and L. Naranbaatar. Notice: Media organizations (Television, Radio, Social and Web pages) must mention the source (ikon.mn) when using our information in any form, wholly or partially.
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