Nov 9, 2024 79 min read Daily News Summaries

Mongolia News Summary for November 09, 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.

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Politics

Mongolia Approves Draft Laws for 2025 Budget

Published: 2024-11-08 | Translated from: gogo.mn

The balanced revenue to be collected in Mongolia's 2025 fiscal year budget will be 23,140,589.3 million tugriks, with expenditures amounting to 26,485,278.0 million tugriks. Investment projects, measures, and constructions under the state budget will be financed with 3,932,432.9 million tugriks, and the upper limit of government-guaranteed debt for the fiscal year 2025 will be set at 3,500,000.0 million tugriks. To steadily implement the government's "Vision-2050" and "New Revival Policy" programs, the Cabinet is undertaking 14 legal reforms aimed at improving investment and business environments, supporting regional development policies, reducing corruption, and enhancing human rights and governance. These initiatives also include implementing 14 mega projects to expand economic foundations and accelerate development. The 2025 budget reflects policies distinct from previous years by addressing the essential infrastructure for regional development, increasing private sector involvement for autonomous local development, and resolving pressing issues in the capital city. For instance, by 2028, Mongolia plans to increase its paved road network by 4,440 kilometers, create new power and heat sources totaling 1,650.9 MW in the energy sector, and put into operation 1,519 kilometers of electricity transmission lines. In addition to these infrastructure projects, social sector projects will continue, bringing into operation 93 schools, 67 kindergartens, 37 hospitals, 22 dormitories, along with 60 cultural and sports projects, and 17 social protection projects. Also, differential tax policies across regions will be implemented. This includes setting differentiated tax rates for over 20 different types of taxes based on regional characteristics, enhancing local fiscal autonomy, and enabling regions to independently attract investments and compete economically. Over the next four years, the capital city plans to invest over 30 trillion tugriks. As a priority, the 2025 budget projects investments of 4.5 trillion tugriks to address pressing issues such as traffic congestion, air, soil, and water pollution for the first time. The implementation of the policies outlined in Mongolia's 2025 budget draft law is expected to lead to the export of 83 million tons of coal and 1.8 million tons of copper concentrate next year. This is estimated to increase total foreign trade turnover to 32.8 billion USD, boost economic growth to 8.0%, and bring total unified budget revenue to 36.8 trillion tugriks. Source: parliament.mn

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The 2025 Budget Law Project Approved

Published: 2024-11-08 | Translated from: unuudur.mn

Here is the full speech delivered by Speaker of the State Great Khural D. Amarbaysgalan in relation to the discussion and approval of the draft laws on Mongolia's 2025 budget. Dear Members of the State Great Khural, According to Article 25 of the Constitution of Mongolia, the approval of the state budget is an exclusive prerogative of the State Great Khural, which has the right and duty to discuss the budget. Within this mandate, today we have approved Mongolia's 2025 budget. We have a detailed procedure on how and within what time frame we are to discuss the budget draft. The process of discussing the budget is different from discussing other legislative drafts. I trust the public has noticed the discussion of this budget draft. However, Members of the State Great Khural are obligated to adhere to the procedures set forth by law. We always respect the members' right to speak and express their opinions. Nonetheless, members must truthfully assess and consider the legal and regulatory possibilities to decide on proposals, and keep the public informed with accurate information. In general, parliament should be a forum for pluralistic opinions, which I am committed to supporting and upholding. Whether it's members of the State Great Khural expressing their opinions at this parliamentary platform or ministers and experts answering questions, they must adhere to the Constitution of Mongolia. The Constitution stipulates that people shall not be discriminated against based on age, gender, or new or old job positions. Thus, we should all be attentive to treating others with respect and being tolerant of different points of view. According to the Constitution, the primary goal of the State Great Khural, as the highest representative body of the people, is to ensure the ruling rights of the people. Therefore, the principles of openness, transparency, respect for minority opinions, and free discussion of issues from a diversity of viewpoints, making decisions based on majority opinion, are important. As a result, in connection with the approval of the 2025 budget law, the State Great Khural has adopted a resolution regarding the measures to be taken. I have no doubt that each member of the State Great Khural is genuinely committed to consolidating the results achieved today, maintaining economic growth and recovery, and taking it forward sustainably. The members of the State Great Khural have critically reviewed the 2025 budget draft from various aspects and put forward many suggestions and demands to scrutinize the ranking and sequencing of the measures proposed by the Government. Thus, the Government is instructed to conduct an impact assessment on how this approved 2025 budget will affect the macroeconomic situation and compliance with special budgetary requirements, based on the Law on Budget Stability, and present the results. Moreover, the Government is tasked to re-review numerous issues raised during the discussions and resolve the matter of submitting the revised budget proposal. To use taxpayers' money efficiently and economically, the Government should focus on improving budget planning, correctly assessing its social and economic impacts, and ensuring the compatibility of economic policies. To appropriately manage this rapid economic expansion, the coordination among the Government, the Bank of Mongolia, and other state agencies needs to be tight to achieve results. You might have noticed that many issues linked to the initiative of discussing the budget arise from the compatibility of laws. The State Great Khural, Government, Parliamentary Research and Development Institute, and Budget Stability Council should collaborate to streamline and clarify this timeline, from budget execution, budget framework statement, drafting and submitting the budget draft to its discussion and approval. Once again, the State Great Khural must adhere to the principle of freely discussing issues from a plurality of perspectives. By following this principle, today we have discussed and approved the 2025 budget law within the timeframe stipulated by law. Thank you all.

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P. Sainzorig: The Parliament Adopted a Resolution Violating the Law in Amending the Budget

Published: 2024-11-08 | Translated from: itoim.mn

In today’s session of the Parliamentary Assembly, the resolution regarding some measures to be taken in connection with the adoption of the 2025 State Budget Law of Mongolia was discussed and approved. Therefore, the government is being directed to submit an amendment to the 2025 budget to the Parliament by the end of this month. Some members of the Parliament criticized the high current expenditures of the 2025 budget. Hence, an understanding was reached to approve the 2025 budget within the legal deadline and then reduce current expenditures through amendments. In this regard, the Speaker of the Parliament, D. Amarbayasgalan, said, "Members of the Parliament raised many demands to review the project of the 2025 budget from various aspects and re-evaluate the measures proposed by the government. In this way, based on the Law on Budget Stability, we are demanding an evaluation of the impact of today’s approved 2025 budget on the macroeconomic situation and compliance with the special budget requirements, and to present the results. Furthermore, many issues raised during the discussions require the government to re-check and submit a proposed amendment to the budget, which is why this resolution has been adopted." However, some members noted that instructing the government to submit an amendment to the 2025 budget through a resolution is a violation of the Constitution. Member of Parliament P. Sainzorig stated, "In principle, the proposal to reduce budget expenditures can be supported. However, it is not possible to issue a resolution that violates the law and instructs the government. The government cannot violate the law and submit an amendment next month. Such a precedent cannot be set just because a few people did not express their opinion during the discussion. The budget working group, consisting of 25 people, worked for 70 days. Members submitted 42 proposals, while the working group came up with only nine. From this, you can see how each one worked. The proposals that members put forward had wording errors. For instance, if you want to cut Minister Ch. Nomin's 18.3 billion, it should be brought along with the law. Specifically, articles 8.2 and 8.3 of the Law on Creative Activities in Culture should be included. There is an existing law.” He added, "The Parliament cannot pass a resolution that directs the government, and violates the law, based on the political angle of a few individuals arguing for budget amendments."

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Parliament Approves Resolution to Amend Budget

Published: 2024-11-08 | Translated from: gogo.mn

At the afternoon session of the Parliament meeting, the proposed resolution titled "On Certain Measures to be Taken in Connection with the Adoption of the Law on the State Budget of Mongolia for 2025" was approved at its first discussion. While discussing the 2025 budget draft at the parliamentary session, based on the proposals and demands made by certain members of the Parliament: 📌 An assessment will be conducted on the impact on the national budget and the macroeconomic situation, as well as the adherence to special budgetary requirements under the Law on Budget Stability, and this assessment will be presented to the Parliament of Mongolia. 📌 The budget amendment project will be submitted to the Parliament of Mongolia by December 2024. 📌 The planning of the budget amendment project will be improved to ensure the budget is efficient and economical, aligning with the government’s monetary policy. 📌 The resolution project also instructs the government to consider potential social and economic risks from increased budget expenditures and focus on reducing budgetary current expenditures. Additionally, the proposed resolution on "Certain Measures to be Taken in Connection with the Adoption of the Law on the State Budget of Mongolia for 2025" was approved again at the parliamentary session.

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The Plenary Session Will Continue Discussing the 2025 Budget Proposal

Published: 2024-11-08 | Translated from: isee.mn

The plenary session of the State Great Khural (Parliament of Mongolia) will start at 10:00 AM. Today's session is scheduled to discuss five issues. Specifically: - The draft resolution of the State Great Khural regarding the "Approval of the Schedule for Planned Oversight Hearings of the Autumn 2024 Session of the State Great Khural". - The draft law on amendments to the law "On the Framework Statement for the State Budget of Mongolia for 2025 and the Budget Forecast for 2026-2027" (submitted by the government on 30 August 2024, final reading). - The draft laws on the state budget of Mongolia for 2025, the National Wealth Fund's budget for 2025, the Social Insurance Fund's budget for 2025, and the Health Insurance Fund's budget for 2025 (submitted by the government on 30 August 2024, third reading). - The draft laws and resolutions submitted together with the draft law on the state budget of Mongolia for 2025 (submitted by the government on 30 August 2024, final reading). - The draft laws on the state budget of Mongolia for 2025, the National Wealth Fund's budget for 2025, the Social Insurance Fund's budget for 2025, and the Health Insurance Fund's budget for 2025 (submitted by the government on 30 August 2024, fourth reading) are planned to be discussed.

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BUDGET 2025: How will the government spend the ₮31.9 trillion in taxes you pay?

Published: 2024-11-08 | Translated from: ikon.mn

iKon.mn journalist N. Erkhbayar reports.

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LIVE: Discussing the 2025 State Budget and Expressing Opinions

Published: 2024-11-08 | Translated from: isee.mn

The plenary session of the State Great Khural started today at 10:00 am. Today's session is scheduled to discuss five issues, including: - On approving the schedule of planned supervision and inspection of the State Great Khural's 2024 autumn session - The statement of the budget framework for the unified budget of Mongolia for 2025 - The budget of Mongolia for 2025 and the budget of the National Wealth Fund for 2025 LIVE:

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Will the Government Resign?

Published: 2024-11-08 | Translated from: unuudur.mn

The government will reach its 100th day next month. If you calculate from the appointment of ministers and confirmation of the full composition, this period has already passed. However, they are counting the 100 days since the approval of their action plan and beginning of their work. Before reaching this milestone, the coalition government has received its first warning of dismissal and accountability from the public. The reason is the inclusion of many unnecessary projects and measures lacking calculations and research in next year's state budget proposal, which made people suspicious about whom they are trying to support. The government tried to cover this up by claiming they would "finance big projects," bringing in expenditures that exceeded last year's budget by 60%. However, during the budget discussion days, the problematic clauses became apparent and caused public discontent. The budget is not composed and approved by one person. Since it was discussed and developed among the entire cabinet, it makes sense for them to take responsibility as a team. So what options does the Prime Minister have to prevent the issue from escalating further? Three Choices While Prime Minister L. Oyun-Erdene was on a working visit to China, talks of dismissing his cabinet or holding Culture, Sports, Tourism, and Youth Minister Ch. Nomin accountable intensified. So far, no one has officially made such a proposal. People are writing about their desire for accountability on social networks, and only one or two MPs have spoken about it. Meanwhile, MPs J. Bayarmaa, B. Tuvshin, G. Temuulen, and D. Enkhtuvshin, who demanded the elimination of 3.6 trillion MNT of ineffective spending from the budget proposal, have started to collect signatures urging others to support their proposal. All four members of the National Coalition supported their proposal. Additionally, from the Democratic Party, Kh. Temuujin, and from the HUN Party, G. Uyanga-Khishig and B. Munkhsoyol have signed. MP M. Narantuya-Nara, who supported CSAJZ Minister Ch. Nomin's proposal to spend 18.3 billion MNT on free service vouchers for teenagers, has also signed. She seems to support removing all other parts of the budget proposal, except for this suggestion. Voters have also begun demanding their representatives support the reduction of ineffective spending. Without accepting this proposal, if the majority forcefully approves the budget containing "problematic" clauses, the aforementioned MPs might officially suggest the dismissal of the coalition government. The public also demands it. Thus, the Prime Minister has three choices. First, he could defend the proposal and ignore the few MPs and citizen criticisms to have the budget approved. All ministers knew that the budget proposal contained excessively high expenses and many suggestions without designs and feasibilities that clearly support someone's business. It's no secret that they each included proposals catering to their own interests. Therefore, the first choice is to persevere. However, this may not be a wise step. Second, he could accept part of the demand from the named MPs to some extent, reducing some ineffective expenditures. By making slight concessions to keep the government intact, it may be possible to get the budget approved on time. There are only five working days left to approve the state budget within the legal timeframe. Otherwise, there is a legal provision that the government would be dismissed. Naturally, before that, a compromise would need to be reached, and a solution found. Third, direct the public's attention to the person they are most angry with and "sacrifice" them to move forward. We have learned that there is ineffective spending of 3.6 trillion MNT in the budget proposal. Yet, the public only picked up and criticized the 18.3 billion MNT spending proposal in CSAJZ Minister Ch. Nomin’s package, which provides free cultural service vouchers for teenagers. Critics argue that this reflects a welfare mentality and aims to support her and a small group's business interests. However, many large and ineffective expenditures like 111.6 billion MNT for travel and visitor expenses, 267.8 billion MNT for furniture and equipment purchases, and 1.9 trillion MNT for outsourcing services remain in the proposal without attracting public attention. On another note, Minister Ch. Nomin's attempts to defend herself have only dug a deeper hole. A press conference was held in the State Palace where her ministry staff and artists defended her. Additionally, she got criticized when she wrote on her social media, “I've been pounded until my heart feels better for a few days. Camel hatefulness is easy, but it's unacceptable to demean the culture and sports sector like a toy. I will defend my sector with my body. I find no regret to be battered for my country's cultural immunity and children's development even for a lifetime.” No one disdain culture and art sectors, they only criticized the ineffective and wasteful proposal. However, the minister wasn't willing to understand and claimed to defend the proposal. Thus, she may become the first "tooth extracted" to be removed. Following this, names of 2-3 more people starting from Cabinet Secretariat Chief N. Uchral have been heard due to being criticized for involving dreams like a national satellite project recklessly in the budget. Plans to spend 211.6 billion MNT from next year’s budget for this project funded by concessional loans from France have been included in the budget. Different Interest Even though the MPP won the majority in the parliamentary election, its leader L. Oyun-Erdene chose to form a government by collaborating with the Democratic and HUN parties. Since then, there has been a coexistence of desires or predictions that this government won't last long. Especially since many quiet people, desiring for a position due to their party's majority, were in MPP. They wish to get their share in the next round. Therefore, they wait for the Prime Minister to take a wrong step to realize this ambition. President G. Temuulen and D. Enkhtuvshin's activities link with this suspicion since they have spoken for protecting public interests without supporting their party's policies. The MPPers who didn’t get appointed to any high positions, as well as some Democrats, may have also started nagging and "guiding" from behind, already seeking to find the mastermind. They anticipate shooting two rabbits with one bullet. Some people are suspicious of MP J. Bayarmaa, who is most practical in dealing with the budget proposal through regular suggestions to remove ineffective spending. The name of a person to be appointed in place of CSAJZ Minister Ch. Nomin, who has a high likelihood of being held accountable and dismissed, has already emerged. So it's not beyond suspicion that someone's different interest is hidden behind this case. The Prime Minister returned from his overseas trip yesterday. He is likely to attend today’s plenary session of Parliament in person. Given the fire ignited in his absence, he needs to make some explanations or actions to quell it. However, this coalition government is not as easy to topple as some may wish or predict, especially not the whole composition will change. What solution L. Oyun-Erdene will employ to quench public anger while defending both his cabinet and the budget proposal will soon become clear. Reducing ineffective spending will be the most appropriate decision for him. The budget will not be wasted, and his team will remain in place to celebrate the 100 days successfully. There are only a few working days left for him to find the right path to approve the budget proposal on time.

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D. Enkhtuvshin: Sorry, We Could Not Reduce the Bloated Budget

Published: 2024-11-08 | Translated from: itoim.mn

The budget for 2025 has been passed by the State Great Khural. In connection with the approval of the budget, Member of Parliament D. Enkhtuvshin expressed his position. He stated on his social media page, "I apologize, we could not trim the bloated budget and ended up approving it at 35,771,913,200,000 MNT, which is a 60% increase from last year. The budget deficit was approved at 1,907,174,400,000 MNT. Just four months ago, the ruling political parties and their coalition government shamelessly violated the social contract they made with the people. The government used various excuses, tricks, and pressures to push through the budget fully without making almost any concessions. They are very powerful together. The government has risen so high that it can no longer hear its people. The time will soon come to bring them back to their place and hold them accountable. Our request, initiated by four of us to reduce current budget expenses, was supported by 25 members, forcing the issue. This number will likely continue to grow. We will fight consistently to achieve results that benefit the people's interests."

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The need to closely monitor the preparation and reporting of election expenses

Published: 2024-11-08 | Translated from: gogo.mn

The Parliamentary Research and Development Institute, in collaboration with the Friedrich-Ebert-Stiftung’s resident office in Mongolia, organized a discussion on the topic "Political Party Financing and the Experience and Comparison of Mongolia with Post-Communist Countries." In the discussion, D. Enkhsetseg, manager of the Governance Program of the Open Society Forum, presented a report titled "Political Financing and Mongolia." She analyzed and compared the outcomes of the 2020 and 2024 parliamentary elections. The average number of voters in each constituency of the State Great Khural was 28,692, while the average in the constituencies of the capital city Ulaanbaatar was 45,575, which is 60% more than the general average. The average in rural constituencies was 21,119, which is 26% less than the general average. She noted that none of these figures meet the Venice Commission’s requirement that the difference should not exceed 10%. Additionally, in the 2020 election, the MPP and DP received 69.4% of the total votes but took 96.1% of the parliamentary seats. In 2024, with 61.0% of the total votes, they occupied 97.4% of the parliamentary seats formed by the majoritarian system. This indicates insufficient implementation of the principle of proportional representation, she pointed out. She emphasized the need for more detailed monitoring of the preparation and reporting of election expenses in her report. Participants in the discussion asked questions and shared their perspectives related to the main presentations. Source: parliament.mn

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The HUN Party Proposes Budget Amendments, Demands Efficient Cost Reduction

Published: 2024-11-08 | Translated from: itoim.mn

The HUN Party held a briefing on current issues related to the 2025 budget proposal. Member of the Parliament B. Naydalaa stated: "It is true that the state budget proposal is quite high in expenditure. Our members have clearly expressed their opinions during the parliamentary sessions and the first and second discussions of the budget. In principle, the HUN Party unanimously agrees that the state budget should be cut and unnecessary expenses reduced. However, while the third discussion of the budget is taking place, the law does not provide for the concept of cutting the state budget. Therefore, first, the budget must be amended after it is approved. The amendment is approved by the Parliament. The Parliament will issue a resolution calling for amendments to the budget to be made within 2024, reducing the discussed expenses not by mechanically cutting them in the dark, but by efficiently trimming them, and bringing them in. This initiative is supported and proposed by the members of the HUN Party. In the future, there is a need to reassess at the level of the Parliament and the Government the process of preparing, wrapping up, drafting, discussing, approving, and reviewing the approved budget. The HUN Party will actively work on this. In other words, a policy of who should be responsible for preparing the budget needs to be established. The Parliament is not sufficiently utilizing the fiscal stability council. We have also made suggestions to include this in the 2024-2028 strategic plans of the Parliament, to strengthen its involvement at the professional level in the process of preparing, approving, and supervising the budget. Member of the Parliament J. Zoljargal stated: "There is no provision for budget expansion in the HUN Party's manifesto. Instead, we are aiming for policies with structure and reform content. The extent of state participation in the economy is now almost 80 percent. This shows that a country with a centrally planned economy is turning into a politically free nation. Therefore, we remain committed to gradually reducing state involvement over the long term and making the economy more open and free. Secondly, we have concluded that it is appropriate to establish an electronic platform for regular monitoring of the budget, and discussions on this are ongoing among industry professionals."

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The budget amendment will be submitted by next month

Published: 2024-11-08 | Translated from: montsame.mn

Ulaanbaatar. At today's afternoon session of the State Great Hural, the draft resolution "Regarding some measures related to the approval of the Law on the State Budget of Mongolia for 2025" was passed in its first reading. When discussing next year's budget draft at the session of the Great Hural, an evaluation was decided to be presented to the parliament, considering the proposals and requirements put forward by some members of the Great Hural. This evaluation would assess the impact on the state budget, the macroeconomic outlook, and compliance with the special requirements of the budget according to the Law on Budget Stability. It was decided to submit the draft budget amendment by December of this year. Additionally, in the draft resolution, the government is instructed to improve planning by aligning the budget amendments with the state's monetary policy to make the budget efficient and cost-effective. By increasing budget expenditures, potential social and economic risks should be anticipated, and a focus on reducing operating expenses should be maintained.

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2025 Budget Approved

Published: 2024-11-08 | Translated from: itoim.mn

The plenary session of the State Great Khural (Parliament) of Mongolia conducted the final discussions on the draft budget of Mongolia for 2025 and other accompanying proposals, and approved them. The balanced revenue for the 2025 budget is planned to be 33.9 trillion tugriks, with total expenditure of 35.8 trillion tugriks, and a balanced deficit of 1.9 trillion tugriks. Members of Parliament are opposing the high current expenses in the 2025 budget and have been collecting signatures against it. In connection with this, a resolution has been passed by the Parliament, and it was decided to submit a budget amendment after the 2025 budget is approved. During this session, Speaker of Parliament D. Amarbaysgalan said, "According to Chapter 9 of the Law on Procedures, the budget will be discussed under a special procedure. There are four discussions on the budget. If the budget submitted is deemed consistent with the development policy planning during the first discussion, it cannot be withdrawn by the Government. The Parliament cannot return the budget. However, since MPs hold the position that the current expenses of the budget should be reduced, the Parliament and the Standing Committee on Budget initiated a draft resolution, which will be discussed during the third budget discussion after it is approved by the Standing Committee on Budget today. As it is intended to submit the budget amendment within this year, the Standing Committee on Budget is adopting a resolution to conduct the budget amendment within this year. After the final approval of the budget, a working group composed of MPs will be established by the Speaker's order to work with the Government on issues related to the budget amendment. The working group of MPs will work in collaboration with the audit organization and the Fiscal Stability Council. The Government and the Ministry of Finance have formulated essential requirements to make amendments and created a framework to submit the amendments within this year based on the approved budget. MPs are demanding that the budget be recalled and returned at the level of the third discussion. However, there is no legal framework for doing so," he said.

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The 2025 National Budget with an Expenditure of 26.4 Trillion Has Been Approved

Published: 2024-11-08 | Translated from: isee.mn

The State Great Khural's session conducted the third and fourth discussions of the 2025 budget law and finalized its approval. Of the 106 members participating in the session, 68 supported and approved the budget proposal. Members of Parliament D. Enkhtuvshin and J. Bayarmaa proposed a reduction of 3.6 trillion MNT in operating expenses from the 2025 budget; however, since it was already moved to the third discussion, it could not be amended and thus was not accepted. In relation to the national budget, it was proposed that the expenditure for the 2025 fiscal year be 26,485,278 million MNT, and the balanced revenue to be collected during the fiscal year be 23,140,589.3 million MNT. This proposal was put to a vote and was approved by the majority of the members.

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PHOTO: The State Budget Expenditure for 2025 Approved by the Parliament at 26 Trillion 485 Billion MNT

Published: 2024-11-08 | Translated from: ikon.mn

In a plenary session of the State Great Khural, the majority of members of parliament supported the draft laws related to the budget of Mongolia, leading to their final approval. This includes the amendments to the law on the 2025 fiscal framework of Mongolia's unified budget, the projections for the 2026-2027 budget, the 2025 state budget law, the 2025 budget of the National Wealth Fund, the 2025 budget of the Social Insurance Fund, and the 2025 budget of the Health Insurance Fund. According to the procedure for the State Great Khural, a vote was taken on each item of the draft law. Relating to the state budget, the expenditure budget for the fiscal year 2025 was approved to be 26,485,278 million MNT, with the balanced revenue for the fiscal year set at 23,140,589.3 million MNT. Out of 21 provisions, the vote on the final approval of the 2025 state budget law included 106 members participating and was approved with the support of 69 members. When media organizations (Television, Radio, Social, and Web pages) use our information in any form, either in whole or in part, they must cite the source (ikon.mn).

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Discussion on the Scheduled Oversight Calendar for the Fall 2024 Session

Published: 2024-11-08 | Translated from: ikon.mn

The joint plenary session of the State Great Khural of Mongolia for the fall term has begun at the State Palace. Today's session will discuss the following issues: - The draft resolution of the State Great Khural on "Approval of the scheduled oversight calendar for the fall session of the State Great Khural of 2024." - The draft law amending the law on the framework of the unified budget for 2025 and the budget projections for 2026-2027 (Introduced by the Government on August 30, 2024, final discussion). - The draft laws on the budget for 2025 of Mongolia, the National Wealth Fund's budget for 2025, the Social Insurance Fund's budget for 2025, and the Health Insurance Fund's budget for 2025 (Introduced by the Government on August 30, 2024, third discussion). - Other draft laws and resolutions submitted together with the draft law on the budget for 2025 of Mongolia (Introduced by the Government on August 30, 2024, final discussion). - The draft laws on the budget for 2025 of Mongolia, the National Wealth Fund's budget for 2025, the Social Insurance Fund's budget for 2025, and the Health Insurance Fund's budget for 2025 (Introduced by the Government on August 30, 2024, fourth discussion). Warning: Media organizations (television, radio, social, and web pages) are reminded to always mention the original source (ikon.mn) when using our information in any form, either fully or partially.

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D. Amarbayasgalan: A budget amendment will be submitted by the end of this year

Published: 2024-11-08 | Translated from: ikon.mn

During today's session of the Parliament of Mongolia, the final discussion on the draft law amending the law on the fiscal framework statement for 2025 and the budget projections for 2026-2027 is taking place. At this time, Speaker of the Parliament D. Amarbayasgalan noted, "According to Chapter 9 of the Law on Procedures, the budget will be discussed in a special procedure. There are four discussions regarding the budget. If during the first discussion it is deemed that the budget fits the development policy plan that has been submitted, the Government cannot withdraw it. The Parliament cannot return the budget. However, as the position has arisen among Members of Parliament that the budget's current expenses need to be reduced, the Parliament and the Standing Committee on Budget have initiated a draft resolution to this effect. Today, the Standing Committee on Budget has approved it, and it will be discussed during the third reading of the budget. With this draft resolution, the question is whether Mongolia's monetary policy for 2025 aligns with the budget, and given that there is a need to reduce current expenses as demanded by Members of Parliament, the Standing Committee on Budget is approving the resolution to amend the budget by the end of this year. After the budget is finally approved, by the Speaker's order, a working group consisting of Members of Parliament will collaborate with the Government on issues related to the budget amendment. The working group of Parliament will cooperate with the audit organization and the Fiscal Stability Council. The Government and the Ministry of Finance have concluded their evaluation on the approved budget and identified the main requirements for making amendments, pushing to submit a budget amendment by the end of this year as part of the regulation. During the third reading, Members are demanding to take back and return the budget, but such a regulatory provision does not exist." Warning: Media organizations (Television, Radio, Social, and Web pages) must always mention the source (ikon.mn) when using our information, in whole or in part, in any form.

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Approved to Revise the 2025 Budget by the End of This Year

Published: 2024-11-08 | Translated from: gogo.mn

At today's meeting of the Budget Standing Committee, discussions were held on the draft resolution regarding some measures to be taken in connection with the adoption of the Law on the Budget of Mongolia for 2025. According to the draft resolution: - An assessment will be conducted to determine the impact of the national budget on the macroeconomic situation and adherence to special budgetary requirements, in accordance with Article 15.1 of the Law on Fiscal Stability, and it will be presented to the State Great Khural (Parliament) by January 2025. - In compliance with Article 34.1 of the Law on the Budget, the budget amendment proposal will be submitted to the State Great Khural by the first quarter of 2025. - The budget plan will be improved to ensure efficiency and savings, aligning with the state monetary policy. - The Government of Mongolia is instructed to develop the budget by calculating the potential socio-economic risks of increasing budget expenditures and to aim at reducing budgetary running costs. Members made statements and expressed their positions regarding the issues discussed. Notably: - MP J. Batjargal stated, "It is appropriate to assess how the budget affects the macroeconomic situation and the fulfillment of special budgetary requirements and to report the findings along with actionable suggestions to the State Great Khural by the first quarter of 2025." - MP Kh. Gankhuyag suggested that, if the draft resolution is adopted, it will prevent the execution of activities related to state and investment initiatives, thus proposing to return the budget proposal to the government. - MP G. Ganbaatar proposed submitting the budget amendment by the second quarter of 2025, while MPs G. Damdinyam and T. Aubakir expressed that it is appropriate to submit it to the Mongolian Parliament by the end of 2024. Subsequently, a vote was held on the formulations of fundamental opposing stances regarding the draft resolution proposed by the members. For instance, regarding MP G. Damdinyam's suggestion to modify the project according to Article 34.1 of the Law on the Budget to submit the budget amendment proposal by December 2024, 9 out of the 14 members attending, or 64.3%, supported it. Additionally, 64.3% of the attending members supported adopting the draft resolution on the measures to be taken concerning the approval of the Law on the Budget of Mongolia for 2025 during the first discussion. The final version of the project, which includes the suggestions supported by the Standing Committee, will be presented at the joint session of the State Great Khural, according to a report from the Press Office of the State Great Khural.

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Ts. Davaasuren: If the Parliament cannot approve the 2025 budget by the 15th of this month, it should dissolve

Published: 2024-11-08 | Translated from: ikon.mn

The third discussion about the 2025 budget issue is taking place at today’s session of the Parliament. Members of the Parliament are debating the excessively high expenditures for the coming year’s budget. Accordingly, the issue of making amendments to next year’s budget has begun to be discussed in Parliament. During this time, the positions of the Members of Parliament regarding making budget amendments and returning the budget draft are presented. MP O. Nominchimif stated: “There is information being spread to the public that if the budget is not approved by November 15, the Parliament will dissolve. As for the third discussion of the budget, we need a clear answer regarding the procedural issues. Can’t we send back the 2025 budget law, adjust the current expenses to be more efficient, and conduct four discussions within a week? Is it possible to return it to the law initiators for further amendments by the end of the year? What consequences will arise if the Parliament cannot approve the budget by the 15th of this month?” Secretary-General of the Parliament, B. Baasandorj addressed the issue: “According to Article 47.1 of the Law on the Parliament, the Secretary-General of the Parliament has an advisory right to the Members. The budget draft is not discussed in the same order as other laws in Parliament. Regular laws go through 'consideration,' 'initial discussion,' and 'final discussion.' The number of members who can speak from a faction is also determined. In the first and second discussions of the budget law draft, all 126 members of the Parliament have the right to speak freely. The government submitted the budget draft on September 1. The second discussion of the budget draft was completed at the parliamentary session on November 1. Members of Parliament had two months to propose alternatives and express their opinions. Returning the budget draft was possible during the first discussion. According to Article 70.7 of the Law on Parliamentary Procedure, if a majority of the MPs participating in the vote do not support it, the budget draft would be returned to the government with instructions to resubmit it within three working days. The 2025 budget draft was considered to meet the criteria set out in the Law on Fiscal Stability, comply with special requirements of the medium-term fiscal framework statement, and fit the annual national development plan, thus moving to the second discussion. Parliament should discuss it in the first week of October and approve it by November 15 as required by law. If not approved, the Parliament and government will be in violation of the law. The budget draft becomes effective upon approval by November 15 and will take effect on January 1, 2025. Amendments during this time remain open. Chairman of the Standing Committee on the Budget, Ts. Davaasuren noted: “The Parliament has failed to approve the budget twice. At that time, the explanation of the most elected Member D. Lundeejantsan was considered the most correct. The main duty of the Parliament is to approve the budget. If it cannot approve it, it is considered to have failed in its main duty and has become incapable. An incapable Parliament should dissolve. There is no regulation in law for what to do if the Parliament does not approve it. There is no law regulating the resubmission process. A capable next Parliament should approve the budget.” Speaker of the Parliament, D. Amarbaysgalan added: “If the budget draft is not approved, it cannot be returned and there will be no state budget for 2025. The government will have the opportunity to introduce a special regime to solve issues related to budget operational costs. The next budget resubmission period is September 1 of the following year.”

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Economy

The Government Must Focus on Efficiently Managing Taxpayer Funds

Published: 2024-11-08 | Translated from: montsame.mn

Here is the full speech delivered by Speaker of the Parliament D. Amarbaysgalan regarding the approval of the draft law on Mongolia's 2025 budget. He said: "Honorable members of the Parliament, according to Article 25 of the Constitution of Mongolia, approving the state budget is within the exclusive authority of the Parliament, and the Parliament has the authority and duty to discuss it. Within this role, today we have approved the 2025 state budget of Mongolia. We have a detailed procedure on the timeline and manner of discussing the budget proposal, which is different from other legislative processes. Citizens should be aware of the discussions around the budget proposal. Members of Parliament have the duty to adhere to these procedures set by law. While always respecting the right of MPs to speak and express their views, MPs must properly evaluate and understand the legal options for the decisions made, and provide the public with accurate information. The Parliament should be a forum for diverse ideas, and I firmly support and uphold this. All MPs giving speeches and ministers and experts answering questions here must remember to comply with the Constitution of Mongolia. The Constitution prohibits discrimination based on age, gender, new or old work, so we must treat each other with respect and be tolerant of differing opinions at all times. The main objective of the Parliament, as the highest representative body of the people, is to ensure the governance rights of the people as enshrined in the Constitution. Thus, openness and transparency, respecting minority opinions, openly discussing issues from diverse viewpoints, and making decisions based on the majority’s opinion are crucial. As a result, the Parliament today approved a resolution concerning measures related to the approval of the 2025 budget law. I have no doubt that all MPs are committed to strengthening the achievements thus far, maintaining economic growth and recovery, and ensuring stability in the future. MPs have raised many suggestions and demands, thoroughly examining the measures proposed by the Government and reviewing their prioritization and sequencing in the 2025 budget proposal. Therefore, based on the Law on Fiscal Stability, we are instructing the Government to evaluate and present the effects of the 2025 budget on macroeconomic conditions and adherence to budgetary requirements. In addition, the Government is tasked with reviewing the many issues raised during the discussions and addressing them through amendments to the budget proposal. The Government should focus on optimizing the planning of the budget, correctly assessing its social and economic impact, and ensuring the coherence of economic policies. This is essential for the efficient and frugal management of taxpayer money. For successful management of the current economic expansion, a strong coordination and linkage among the Government, the Bank of Mongolia, and other state institutions is essential. You may have noticed that many issues related to the budget discussions arise from the coherence between laws. The Parliament, Government, Parliamentary Research and Development Institute, and Fiscal Stability Council should collaboratively work to streamline and clarify the timeline and process for drafting, submitting, discussing, and approving the budget. In conclusion, the Parliament must uphold the principle of freely discussing issues from diverse viewpoints. By adhering to this principle, we have successfully discussed and approved the 2025 budget law within the legally prescribed timeframe today. Thank you all."

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To Spend Taxpayer Money Efficiently, Budget Planning Must Be Improved

Published: 2024-11-08 | Translated from: gogo.mn

In relation to the adopted draft laws on the 2025 budget, the Speaker of the State Great Khural, D.Amarbayasgalan, delivered a speech. Dear Members of the State Great Khural, According to Article 25 of the Constitution of Mongolia, approving the state budget is the exclusive authority of the State Great Khural, which has both the right and duty to discuss it. Within this mandate, today we passed the 2025 budget of Mongolia. We have a detailed procedure on how and within what timeframe the budget draft should be discussed. The process of discussing the budget differs from the stages of discussing other legislative drafts. Citizens may have noticed this difference. However, members of the State Great Khural are obliged to adhere to this procedure as prescribed by law. We always respect the rights of members to speak and express their views. The State Great Khural, the Government, the Parliamentary Research and Development Center, and the Fiscal Stability Council must work together. However, members must correctly evaluate the legal and regulatory possibilities to decide the proposals submitted in accordance with the established procedure and provide citizens and the public with factual information. In essence, the parliament must be a platform for pluralistic ideas. I staunchly support and uphold this principle. All members and ministers answering questions on the parliamentary podium have the duty to remember and uphold the Constitution of Mongolia. The Constitution stipulates that individuals cannot be discriminated against based on age, gender, or new or old professional roles. Therefore, it is appropriate for us to respect others and be tolerant of differing opinions. As stated by the Constitution, the main objective of the State Great Khural, in its capacity as the highest representative body, is to ensure the people's right to govern. Thus, being open and transparent, and freely discussing issues with respect for minority opinions from a diversity of viewpoints, is essential. Resolutions are made by majority vote. Hence, today the State Great Khural adopted a resolution related to measures linked to passing the 2025 budget law. I have no doubt that every member of the State Great Khural is dedicated to solidifying the results achieved today, maintaining economic growth and recovery, and ensuring sustainable progression in the future. Members of the State Great Khural have critically reviewed the 2025 budget draft from various angles and proposed numerous suggestions and demands regarding the prioritization and sequencing of measures put forward by the government. Thus, based on the Fiscal Stability Act, the Government is tasked with evaluating the impact of the approved 2025 budget on the macroeconomic situation and special fiscal requirements, and reporting back the results. Additionally, the Government is instructed to re-evaluate numerous issues raised during the discussions and decide on submitting amendments to the budget. The Government must focus on improving budget planning and correctly assessing the social and economic impacts to efficiently and economically manage taxpayer funds. Coordination between economic policies should also be appropriately maintained. To properly manage this rapid economic expansion, the Government, the Bank of Mongolia, and other state organizations must work in close coordination and alignment to achieve results. You may have observed that many issues emerging with the initiation of budget discussions are due to discrepancies between laws. Ensuring consistency and clarity in the stages from budget execution, financial framework notification, budget draft preparation, submission, discussion, to approval requires collaboration among the State Great Khural, the Government, the Parliamentary Research and Development Center, and the Fiscal Stability Council. In conclusion, the State Great Khural must adhere to the principle of freely discussing issues from multiple perspectives. By following this principle, we successfully discussed and passed the 2025 budget law within the legally specified timeframe today. This concludes the speech by the Speaker of the State Great Khural, D.Amarbayasgalan.

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Inflation rose to 7% nationwide in October, accelerating for the fourth consecutive month

Published: 2024-11-08 | Translated from: gogo.mn

This inflation rate of seven percent is fueled by a 2.3 percentage point increase in the prices of imported goods. Nationwide, inflation in October stood at seven percent, which is a 0.3 percent rise compared to the previous month, according to the National Statistics Office. Although inflation remains within the Central Bank's target range of 6±2 percent, it has accelerated for four consecutive months. Compared to the same period last year, in October, prices in the food commodities category rose by 7.6 percent, service prices by 9.2 percent, and non-food commodity prices by 6.8 percent. The increase in inflation by 0.3 percent from the previous month was influenced by a two percent rise in the prices of housing, water, electricity, and other fuels. Rising prices of electricity and heat are expected to slightly accelerate inflation by the end of the year, potentially fluctuating within the upper interval of the Central Bank's target next year, as reported by the Bank of Mongolia. Due to factors such as the increase in budget expenditure and domestic demand, international organizations have revised upward their inflation forecasts for Mongolia. A report from the International Monetary Fund's mission highlighted that inflation is likely to continue intensifying in the second half of 2024 and remain above the target level until 2026. If the budget deficit is not reduced, inflation is likely to rise, prompting the recommendation to the Bank of Mongolia to maintain a high policy rate until inflation stabilizes within the target interval.

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Fuel Imports Are Normal, Diesel Fuel Will Not Run Out

Published: 2024-11-08 | Translated from: gogo.mn

The Mongolian Mineral and Petroleum Authority (AMPA) issued a statement in response to false information circulating on social media claiming "diesel fuel will run out," which has been misleading citizens and the public. The Mineral Resources and Petroleum Authority regularly obtains and monitors information on the remaining supply and reserves of petroleum products from importing companies twice a week. Due to the increase in consumption of petroleum products, our country has placed orders to import 110,000 tons of AI-92 gasoline and 65,000 tons of diesel fuel from Russia monthly. Accordingly, fuel imports through border checkpoints are being continuously supplied every day. For example, during the period from November 1, 2024, to November 7, 2024, a total of 295 wagons or 18,000 tons of AI-92 gasoline (a 9-day reserve) and 462 wagons or 27,700 tons of diesel fuel (a 9-day reserve) have been imported. In terms of total reserves, the country has a supply of AI-92 gasoline for 22 days and diesel fuel for 27 days. The "Agreement on Cooperation in the Supply of Petroleum Products between the Government of Mongolia and the Government of the Russian Federation" was finalized on September 3, 2024. Under this agreement, Russia has assured the continuous and stable supply of fuel imports to Mongolia, and despite having export restrictions in place for other countries, Mongolia is exempt from these restrictions. Therefore, there is no basis for a shortage or disruption in fuel supplies. AMPA warns against spreading false information to create an artificial shortage. Additional information: From January 1, 2024, to November 4, 2024, Mongolia imported a total of 2,360,042 tons of petroleum products, including 4,834 tons of A-80 gasoline, 701,970 tons of AI-92 gasoline, 15,555 tons of AI-95/98 gasoline, 1,371,045 tons of diesel fuel, 66,184 tons of TS-1 (jet fuel), 16,636 tons of Jet A-1 fuel, and 183,800 tons of other petroleum products. Source: Mineral Resources and Petroleum Authority

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Z. Narantuya Appointed as CEO of the Development Bank

Published: 2024-11-08 | Translated from: ikon.mn

The newly restructured Board of Directors of the Development Bank of Mongolia convened and appointed Z. Narantuya as the Chief Executive Officer. Additionally, J. Bataa, who had served as the CEO of the Development Bank, officially handed over the bank's seal. He is stepping down from the position of CEO at his own request. Z. Narantuya is a trained lawyer and economist with a master's degree in public administration. Work Experience: - From 1992 to 2006, she worked at the Bank of Mongolia as a specialist, senior specialist, acting director of the department, and deputy director of the division. - From 2006 to 2010, she was the Deputy Director of the "Mongol Shuudan" bank. - From 2010 to 2011, she served as the Deputy Executive Director of the "Savings" bank. - From 2012 to 2014, she was the Economic Policy Advisor to the Speaker of the State Great Khural (Parliament) of Mongolia. - From 2014 to 2016, she was the Chairperson of the Financial Regulatory Commission. - From 2016 to 2020, she served as a member of the State Great Khural. Notice: Media organizations (TV, Radio, Social Media, and Websites) must mention the source (ikon.mn) when using our information, in whole or in part, in any form.

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Focus on Transitioning to a System Where Salaries Increase with Productivity

Published: 2024-11-08 | Translated from: montsame.mn

The Ministry of Labor and Social Protection will work towards a system where salaries increase with productivity, in collaboration with the Ministry of Economics and Development and the private sector. This was discussed by the Minister, L. Enkh-Amgalan, during a meeting with the leaders of the Mongolian Productivity Organization NGO to exchange ideas on creating a master productivity plan. Collaborative efforts with this organization will focus on developing a master plan related to productivity for major sectors and projects under construction in our country, aiming for effective implementation within a certain timeframe. Additionally, there is a proposal to invite experts from the International Labor Organization and abroad to study experiences related to improving the productivity of Mongolian workers. The government's goals for 2024-2028 include initiating a "Productivity Revolution" across all levels, steadily reducing the unemployment rate, and increasing the productivity and wages of Mongolian workers annually. Currently, the labor market in our country faces a paradox: on one hand, there are 30-40 thousand job vacancies, while on the other hand, unemployment persists. Furthermore, low wages are highlighted as an issue, but the ministry pointed out that labor productivity is not sufficiently emphasized.

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Imported goods and raw materials worth $9.5798 billion

Published: 2024-11-08 | Translated from: montsame.mn

Mongolia imported goods and raw materials worth $9.5798 billion in the first 10 months of this year. This amount increased by $2.0202 billion, or 26.7%, compared to the same period last year. According to the General Customs Authority, 18.6% of the imports were petroleum products, 9.5% were passenger cars, 6.4% were trucks, and 2.6% were bulldozers, motor graders, levellers, road rollers, and excavators. The remaining percentage comprised other goods.

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The country has a reserve of 22 days of AI-92 fuel and 27 days of diesel fuel

Published: 2024-11-08 | Translated from: montsame.mn

The Mineral Resources and Petroleum Authority reported that the information circulating online about a "diesel fuel shortage" is false. In their announcement, they emphasized that "there is no basis for a fuel shortage or disruption in Mongolia." The announcement stated that "the Mineral Resources and Petroleum Authority collects and monitors data on oil products' remaining stock and reserves from the importing companies twice a week. In light of the increasing consumption of petroleum products, our country has placed orders to import 110,000 tons of AI-92 gasoline and 65,000 tons of diesel fuel from Russia each month, ensuring a continuous supply through the border posts every day. For instance, from the 1st to the 7th of this month, 295 wagons of AI-92 gasoline and 462 wagons of diesel fuel were imported." As of today, the nationwide reserves are 22 days of AI-92 gasoline and 27 days of diesel fuel.

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D.Enkhtuvshin: While citizens' lives are in hardship, the state budget has been increased by 13 trillion

Published: 2024-11-08 | Translated from: isee.mn

During today's session of the State Great Khural, the 2025 budget proposal is being discussed. Member of Parliament D. Enkhtuvshin stated, "I just want to remind you that the lives of the voters who elected us are in hardship. Please take a look at the program promises we made to gain the citizens' votes. However, the budget proposal brought in by the government is disappointing the citizens. The budget you brought in is disconnected from reality. They say we can't talk like this due to rules limiting us. Compared to the previous year, the budget has increased by 13 trillion. Do citizens have the means to pay for this money? During the budget discussions, the budget law needs to be improved. Excuses are being made, and criticism is not being accepted due to procedural limitations."

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MMRG: No shortage of diesel fuel and A-92 gasoline

Published: 2024-11-08 | Translated from: news.mn

The Mineral Resources and Petroleum Authority has reported that diesel fuel and A-92 gasoline are being supplied normally without any disruptions or shortages. According to D. Davaabyar, head of the relevant department, "There is a nationwide reserve of 75,200 tons of diesel fuel, equivalent to 27 days of consumption. Additionally, there is a reserve of 40,000 tons of A-92 gasoline, equivalent to 22 days of consumption. On November 7th, approximately 107 wagons or around 7,000 tons of diesel fuel arrived. Diesel fuel and A-92 gasoline are entering continuously and without interruption. Fuel and gasoline arrive by wagon every day, and if there are more than 50 wagons, they meet daily consumption needs. On some days, 100 wagons of fuel and gasoline are arriving." The "Agreement between the Government of Mongolia and the Government of the Russian Federation on cooperation in the supply of petroleum products" was finalized. Under the terms of the agreement, the import orders for fuel to Mongolia will be delivered continuously and stably. Despite Russia placing export bans on countries worldwide, Mongolia is not subject to these bans, thus making it unlikely for any fuel shortages or disruptions to occur, officials have reported.

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Company with Rare Earth Elements Exploitation License Violated Regulations in Khalzan Buregtei

Published: 2024-11-08 | Translated from: ikon.mn

In the "Khalzan Buregtei" area located in Myangad sum, Khovd aimag, the activities of "Mongolian National Rare Earth Corp" LLC, which holds a rare earth elements exploitation license, have been opposed by local residents for the past few years, according to the Khovd Governor’s Office. The locals recently organized a demonstration about this issue, with unofficial estimates of the participation of over 1,000 citizens. In response to the situation, the aimag Governor Morhon Amarsanaa visited the site, met with the residents, and listened to their opinions. Subsequently, within the rights granted to the aimag Governor and based on the relevant legal provisions, a decree was issued to suspend the company's exploration activities. This decree was handed over to the relevant authorities and representatives of the demonstrating citizens. It was also emphasized that the company was found to have committed violations during its exploration activities according to the decision of an authorized official. Warning: Media organizations (TV, Radio, Social, and Web pages) must cite the source (ikon.mn) when fully or partially using our information in any form!

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KOREAN AIR: Announces Discounts on Flights to Seoul

Published: 2024-11-08 | Translated from: news.mn

The national carrier of South Korea, Korean Air, has announced a discount on flights to Seoul for November 2024. The discount is only applicable for trips starting on or after November 11. Therefore, please book your tickets between November 8 and 30. The starting price for a round-trip ticket from the airline is 1,191,000 MNT. Purchase your discounted tickets through a nearby ticketing agency. Enjoy your flight with discounts and accumulate your SKYPASS membership points.

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Published: 2024-11-08 | Translated from: gogo.mn

Today, the National Committee on Social Insurance convened and made the following decision. A resolution was made to issue 300 billion MNT from the free balance of the Social Insurance Fund in the form of government securities. For the first time, a Professional National Committee and a Public Oversight Council have been officially established, making the social insurance funds transparent to policyholders. Additionally, the Ministry of Family, Labor, and Social Protection announced the foundation for preventing accidents and occupational diseases, providing compensation, and enabling swift rehabilitation. What are government securities? They are debt instruments issued by the government with a maturity period of over one year. Government securities are issued at face value and sold on the primary market at a predetermined price, and they are redeemed at face value. Due to their low risk, government securities are in high demand among investors.

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Will Housing Prices Decrease if Land is Provided for Free?

Published: 2024-11-08 | Translated from: news.mn

According to a study by the Ministry of Family, Labor, and Social Protection, Mongolia has 996,000 households, but 71%, or two-thirds, do not own housing. To meet the housing needs of the population, the government began implementing mortgage loans with an annual interest rate of 8% in 2013, and today 138,000 households have participated. However, very few low and middle-income individuals benefit from these low-interest loans. The Ministry of Urban Development and Housing reports that 60% of those who received mortgage loans are high-income earners, many of whom have acquired a second or third home. As housing prices continue to rise each year, it becomes increasingly difficult for low and middle-income citizens to meet bank criteria. Therefore, a major challenge for the joint government is how to provide housing for targeted groups and ensure they can live in comfortable conditions. Minister of Family, Labor, and Social Protection, L. Enkh-Amgalan, reported that as of 2023, there are 333,000 households without housing or clear monthly income and do not contribute to social insurance payments. Additionally, there are 300,000 households with monthly incomes ranging between 460,000 to 660,000 tugriks. Households without housing include 127,000 with one child, 122,000 with two children, 80,852 with three children, 38,807 with four children, and 12,441 with more than four children. The current market price for housing averages four million tugriks per square meter. Given these conditions, combining households with an income of less than one million tugriks per month sounds like an empty promise. However, last year, the government established the National Housing Finance Corporation, where a wide team involving all ministry heads works on policies to involve target groups in housing. With this goal, the National Housing Law will be presented to parliament. Mortgage financing will reach 1.2 trillion tugriks. The central bank has spent 6.1 trillion tugriks over the years to implement mortgage loans. Next year, financing from the Savings Fund will bring the total loan circulation to 1.2 trillion tugriks. This year, with a 500 billion tugrik injection from the Savings Fund, mortgage loans surpassed one trillion tugriks, though over 6,000 citizens are pending for this subsidized loan. For the 1.2 trillion tugriks allocated for next year’s mortgage loans, 500 billion will come from the Savings Fund, another 500 billion from the central bank, and the remaining 200 billion from commercial banks. Mortgages are obtained by citizens who meet bank criteria. As house prices rise, criteria become stricter, such as requiring a 30% down payment on the desired property. Low-income citizens struggle with these conditions. Therefore, government support is deemed essential for these groups to obtain housing. Egypt has housed 55,000 low-income citizens. To house target groups, the government is studying international experiences. For example, Egypt, with a population of 106 million and a growth rate of 1.4% annually, registers one million new households each year. Over a decade ago, demand for housing was enormous, with shortages reaching two million units. Housing prices were sky-high compared to average monthly incomes, infrastructure was insufficient, and inflation ranged from 20-24%. In 2014, Egypt amended its constitution, ensuring citizens’ right to live and providing safe housing. That year, the President issued decrees launching a major public housing program, and laws were made to provide quality housing for the population. A project was implemented with the World Bank to provide land for housing free of charge, calculating who should receive it, especially needy citizens and families with many children. These groups received loans at a 5% annual interest rate, with subsidies given in varying amounts depending on income. As a result, 594,000 middle-income and 55,000 low-income citizens were housed, with investments amounting to 575.5 billion Egyptian pounds. The country aims to build one million housing units to meet population needs in the near future through its Universal Housing Fund. Reasons for Rising Housing Prices: Real Estate in Mongolia as of now has 8,100 construction companies, a 33% increase compared to 2019. Last year, the construction sector invested 1.2 trillion tugriks. Industry experts attribute the primary reason for high housing prices to the costly acquisition of land. If the government provides land for free, it could lower housing prices. This has been tried before. For instance, during the Democratic Party's government period in 2012, "Buyant-Ukhaa-1" and "Buyant-Ukhaa-2" projects provided housing at 980,000 to 1,040,000 tugriks per square meter by giving land for free. Continuing this practice could lower the ever-increasing housing prices and help more people own homes. Another key reason is that all building materials except for cement are imported. Providing domestic supply of essential materials like rebar could lower costs. Additionally, obtaining building permits takes at least six months or up to five or six years due to weak legal environment and slow inter-sectoral coordination. Infrastructure needs should also be addressed without difficulty. One issue to note is that the State Commission does not accept housing without completed interior finishing. If the buildings meet earthquake-resistant standards, including interior requirements in assessments could help reduce housing costs. Thus, it is necessary to update construction standards and norms. Banks need guarantees to issue foreign bonds. The incorporation of 500 billion tugrik financing from the Savings Fund means next year’s mortgage source will reach 1.2 trillion tugriks, far from enough to meet the needs of home-seeking residents. Commercial banks increasing their sources could allow more families to own homes. However, many challenges exist, such as short terms for capital raised domestically due to deposit loans with at most a one-year term, whereas mortgage loans need a 15-20 year term. Additionally, currency exchange rate increases risk in foreign investments. Thus, introducing tools to manage such risks and flexible regulations for government guarantees on foreign bonds by commercial banks could create low-interest sources.

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Diplomacy

Ban Ki-moon: The Sustainable Development Goals are the most ambitious and comprehensive policy proposed by the UN in the history of global diplomacy

Published: 2024-11-08 | Translated from: montsame.mn

Ulaanbaatar. Ban Ki-moon, the eighth Secretary-General of the United Nations and recipient of Mongolia's highest state honor, the "Chinggis Khaan" first-grade order, delivered a lecture on "Addressing Global Challenges: Mongolia and South Korea" at the "Chinggis Khaan" Museum. Thank you, Advisor to the President, E. Odbayar, for your warm introduction. Good morning. I hope I pronounced it correctly. Thank you very much, everyone. Distinguished President of Mongolia, former President N. Enkhbayar, Ambassador Choi Jin Won of the Republic of Korea to Mongolia, honorable guests, ladies and gentlemen. First of all, I would like to express my gratitude to everyone present here. As a member state of the UN, it is my pleasure to share my thoughts on how Mongolia can contribute to international peace, security, and development. Ladies and gentlemen, I am extremely pleased to have received Mongolia's highest state award, the "Chinggis Khaan" first-grade order. This award is given to me during a crucial time when we aim to enhance our collective achievements towards fulfilling the UN's Sustainable Development Goals, effectively addressing climate change, and establishing global peace through multilateral partnerships. We stand on the threshold of great change that will profoundly impact the future of humanity, particularly the young people gathered in this hall. I am honored to address the people of Mongolia, who are making a significant contribution to the implementation of the UN's 17 Sustainable Development Goals through partnership and cooperation. I especially extend my respect to all of you. Today, we face a greater need than ever to empower current and future leaders to work together and unite in seeking multilateral solutions for universal peace and a sustainable future. Ladies and gentlemen, We live in an era of interconnected new crises and unprecedented uncertainty. Competition among major powers, especially between the United States and China, is intensifying. The simultaneous wars in Ukraine and the Middle East are causing deep humanitarian crises, which pose the most dangerous periods the world has faced in recent decades. The COVID-19 pandemic, which has significantly affected social, economic, and health systems and lifestyles since early 2020, is not the main challenge today, although its impact is ongoing. You have also felt the harm caused by COVID-19. Additionally, rising temperatures, forest fires, and frequent flood threats are deepening the climate crisis, pushing our only home, Earth, into a deep crisis. The year 2023 has been recorded as the hottest year in world history, and 2024 is becoming even hotter. The crises and challenges facing the world, such as conflicts, pandemics, and climate change, highlight our interdependence. No one is immune to the catastrophic events resulting from climate change. Therefore, a unified global solution is needed. This solution must be based on partnerships between countries, focusing on enhancing public health, safety, sustainability, and prosperity for all. Humanity is repeatedly confronted with complex challenges deeply associated, whether in cities or rural areas, developed or developing countries, or whether affected by conflicts or not. Despite the exacerbation of conflicts, threats to public health, and global crises, we continue to make progress in many essential fields. I believe there is a vast opportunity for transformation and improvement to leave a better future for future generations. Firstly, it is necessary to forge ahead diligently and harmoniously. We must respect and work with a unified purpose for the common interest of humanity. Secondly, efforts must be doubled and even tripled to fulfill the commitment outlined in the UN Charter to "save future generations from the scourge of war." Thirdly, we must strengthen the capacity to protect civilians and refugees during armed conflicts. The war in Ukraine and the troubled situation in the Middle East have forced millions to flee their homes. Special importance must be given to establishing mechanisms to avert and prevent conflicts and crises. Fourthly, it is necessary to reaffirm our commitments to protecting human rights and maintaining peace. Furthermore, the international community must strengthen justice and accountability to combat impunity for serious crimes and atrocities. In a time of growing uncertainty globally, we must coordinate global governance. To achieve this, we must ensure global peace and stability through effective policy, cooperation, and partnership, and enhance the awareness of being a global citizen. I have often emphasized the importance of global partnership and global citizenship. The Mongolian people are a great nation with a proud heritage and culture. However, I remind Koreans that they must also strive to be global citizens. Similarly, Mongolians must recognize themselves as global citizens, as everyone in this world is a member of one family. This is what I have been advising the young generation, who in the future will lead their countries and champion sustainable world-building efforts. Furthermore, I emphasize the importance of partnerships. No country, no matter how wealthy or powerful, can build a sustainable world alone. Which is the most powerful country in the world? Perhaps the USA? Then you may list China, Russia, Great Britain, and France as developed countries. However, even they cannot create a sustainable world on their own. My standing before you today is to call for joint efforts to build a sustainable world. Although Mongolia has a proud history and heritage, it cannot achieve this goal alone. I urge you to work closely with your neighbors and other countries around the world. Let me highlight four points. Firstly, let's start with the importance of implementing the UN Sustainable Development Goals. I consider these goals to be the most ambitious and comprehensive policies ever proposed by the UN in the history of global diplomacy. The UN has 193 member states. Since the establishment of the UN, world leaders have only united twice. On September 25, 2015, world leaders gathered at the UN Headquarters to proclaim the Sustainable Development Goals. Mongolia's head of state was also among those leaders. The second occasion was when about 160 representatives from countries, including those who are not UN members, gathered in Paris on December 12, 2015, to adopt the “Paris Agreement” on climate change. These two documents are historically significant agreements for the globe, and we must ensure their implementation. Secondly, a critical issue that should not be delayed is climate degradation. The global climate is changing faster than we had imagined, so there can be no delay in addressing it. Thirdly, we need to increase the empowerment of women. The potential and resources of girls and women, who make up more than half of the world's population, are not being fully utilized. Ensuring the participation of girls and women at the decision-making level, the implementation of the Sustainable Development Goals, and addressing climate change are of utmost importance. As human beings, regardless of being male or female, the rights of girls and women must be respected. Fourthly, the main sectors for the future cooperation between Mongolia and the Republic of Korea are essentially the directions mentioned above. As neighboring countries, we must work together. I am delighted that many Mongolian citizens are making valuable contributions to Korean society's economic development. Similarly, I hope many Korean citizens will come to Mongolia and contribute to the development of social, economic, scientific, and technological fields. Honorable guests, ladies, and gentlemen, Despite challenges, the UN continues its work to implement the core goals envisioned in its mission. You may recall the excitement worldwide as we approached the year 2000. We all had great expectations. For this reason, my predecessor as the UN Secretary-General, Kofi Annan, worked with world leaders, scientists, economists, and researchers to unveil the eight Millennium Development Goals. However, their vision was limited, focusing mainly on helping developing countries. Reflecting on this, it was clear that without strong initiatives, the Millennium Development Goals would not be achieved by 2015. Thus, in 2010, I reported to the General Assembly about the lack of achievement in the Millennium Development Goals. Permanent Representative Kim Sook, now present in this room, played a crucial role as one of the two officials representing both developed and developing countries. Kim Sook represented developed countries. Lasting from the assembly meeting and work session, he laid the foundation for the Sustainable Development Goals proclaimed with pride on September 25, 2015. Several important activities and diplomatic initiatives have followed, but the objectives are still unmet. Some statistical data: Since 1990, 2.1 billion people have gained access to improved sanitation, and 2.6 billion people have access to adequate drinking water. This is rightly a cause for pride for the UN. However, much remains to be done. I have visited many countries in Africa, and each visit I witness heart-wrenching conditions. Many young people and women are denied equal opportunities. Many people languish in poverty without access to drinking water. It is common for women to walk 3-5 kilometers to fetch a bucket of water from the river. This is the reality. Therefore, by 2030, we must implement the Sustainable Development Goals. Our plans and objectives may seem unreachable, but we must not concede to the stark realities of today. More than six million children under the age of five die each year. This is heartbreaking. As of 2023, about two billion people live without safe drinking water. You must be grateful for having access to clean drinking water. Many people live in dire conditions in Africa and other countries. If drought conditions worsen due to climate change, water scarcity will increase. Looking back, I am proud of having twice brought together world leaders, political, business, and civil society leaders under one roof to begin the united effort to achieve the UN Sustainable Development Goals. The Sustainable Development Goals, approved by consensus of the representatives of 193 countries in New York in 2015, are our collective roadmap to secure the future the people of our planet desire. We have received millions of responses worldwide to the questions about what kind of future we desire and what future we aim to pass on to future generations. Categorizing these responses was quite challenging. However, under the leadership of Kim Sook, the UN managed to do this. The Sustainable Development Goals represent a pivotal change in international governance as well. Formulating the goals was a crucial strategic policy initiative and a key differentiator from the Millennium Development Goals. As Secretary-General, I personally participated in pushing forward this process, guided by the opening words and spirit of the UN Charter, "We the peoples". People are the most vital cells of this world. During the nine years since the adoption of the Sustainable Development Goals, there has been significant progress. However, scientific studies show a 16% fulfillment rate out of 100. I expected us to have reached a minimum of 70% by now. This is why, last September, UN Secretary-General António Guterres organized a special summit, where leaders from over 160 countries made a significant decision, the agreement on the Future Summit. However, this is imperfect, so the UN will organize another summit from 2025 onwards to ensure what world leaders can and should do towards achieving the Sustainable Development Goals in the next five years. Currently, I openly say that I cannot give an optimistic assessment of the progress made towards the Sustainable Development Goals. I must convey the reality to you. Forgive me for not always bearing good news. We need to work hard. The 2024 report highlights the significant lag in achieving SDGs 2 (Zero Hunger), 11 (Inclusive Cities), 14 (Marine Resource Conservation), 15 (Land Ecosystem Conservation), and 16 (Peace and Justice). Thus, we must unite anew with the power of partnership and close collaboration and move forward. This way, Mongolia, the Republic of Korea, and the world can ensure no one is left behind. This is a vital goal for the UN. Equal opportunities must be provided to everyone, regardless of living in developing or developed countries. Therefore, I consider the 17th Sustainable Development Goal extremely important. The global partnership is essential, as Mongolia, despite its vast natural resources, cannot strengthen the 17th Goal, Development Partnerships alone. You must collaborate with neighboring and other developed countries. There are many ways to establish partnership relationships. There are many companies and groups conducting businesses in Mongolia. They have broad opportunities to work closely together in all sectors. Leaders in the business sector can play a vital role in such collaboration, which is why I always support the importance of global partnership. The Sustainable Development Goals are a unique plan designed to restore the post-pandemic, post-conflict, and post-climate change world more sustainably and greener. What is crucial at this time? In my view, political leadership is the answer. Political leadership is indeed vital. The leaders of the 193 UN member states talk and explain plans extensively without implementing them, which causes them to lose the respect of their peoples and voters. Once they take control, they adopt many methods to evade delivering on their promises. Thus, I call on political leaders to lead the effort to create a sustainable, green world. I trust there will be no misunderstandings as I'm not referring to any specific politician. Governments worldwide need to drive more political will and policy changes to increase investments and initiatives in critical priorities, including hunger, health, climate, education, and peaceful policies. Honorable guests, ladies and gentlemen, The outbreaks of concerning viral diseases such as COVID-19, avian influenza, monkeypox, and the Marburg virus are damaging biological diversity and posing health and safety threats to people, which requires attention. Due to environmental degradation, biodiversity is being lost, and habitats are being destroyed. Violations of quarantine measures and increasing incidences of animal-to-human disease transmissions are looming. Nearly every viral disease outbreak in the 21st century, from SARS in 2003 to COVID-19 a few years ago, has been zoonotic, transmitted from animals to humans. If no action is taken now, humanity risks a grave danger to its future. First and foremost, carbon emissions must be drastically reduced. Whenever I come to Mongolia, I see large factories emitting carbon dioxide. The UN and world leaders have made decisions and recommendations to reduce global greenhouse gas emissions by 43% by 2030. Therefore, you must change all production systems. By 2050, you must be sure that not only production and business operations, but all human activities will have transitioned to being carbon dioxide and greenhouse gas-free. This is a very ambitious goal, but some countries have announced they cannot achieve it. For example, China has stated it could reach this goal ten years later, in 2060, but promised to build more than 150 nuclear reactors. Thus, the international community has accepted their proposal. However, India announced that it would reach this target not in 2060, but 2070. This was a little disappointing for me. Although I went to India for this issue, I couldn’t meet Prime Minister Modi. But, wherever you live, whether it’s China, India, Korea, Mongolia, or the USA, climate change affects everyone and the whole world. So, we must work together to rid our societies and economies of carbon dioxide emissions as quickly as possible. I consider this to be the most crucial goal we must achieve to limit climate change. The key is that despite knowing that using coal in many developing countries will not lead humanity out of impasses, scientific studies continue to confirm the adverse effects of climate change. This is evident everywhere we look — on television, mobile phones, outside our windows — we see it every day. However, to avoid the worst impacts of climate change and implement the Sustainable Development Goals, we also have the choice to swiftly and justly transition from coal to green energy. Therefore, I commend the “One Billion Trees” national movement initiated by the esteemed President of Mongolia, Ukhnaagiin Khurelsukh. I support President Khurelsukh’s far-sighted ideas and initiatives. However, support for the most vulnerable countries remains insufficient. The exacerbating conflicts and crises due to the COVID-19 pandemic are hindering social and economic progress. Hence, developed countries, members of the OECD, the European Union, and the USA must provide financial and technological support to many developing countries, which have contributed the least to climate degradation and possess limited natural resources. Supporting developing countries is the moral and political duty of developed nations. Leaders of developed countries have seriously discussed this responsibility, establishing the GCF (Green Climate Fund) in Seoul and Incheon, South Korea. I sincerely hope developing countries will gain more funding and technology through this fund. Ladies and gentlemen, The pandemic, climate change, and conflicts highlight the need for new directions in our world. I emphasize that the Sustainable Development Goals clearly outline how and what humanity should do. To achieve the fifth goal of the Sustainable Development Goals, ensuring gender equality and empowering women and girls, we must unite our efforts. Empowering women can double or even triple the impacts of efforts to address climate change. Empowering women and girls and achieving gender equality is truly crucial for addressing the world’s biggest challenges. Therefore, my "Ban Ki-moon Foundation" in Korea and "Ban Ki-moon Center for Global Citizens" in Austria and New York are working diligently. This is my responsibility as a former Secretary-General of the UN. I will continue to work with you. Ladies and gentlemen, The concept of "I" and "you" as separate entities has vanished. This is our shared future. Therefore, I call on civil society leaders to form a unified alliance to reach all these issues to political and business leaders. When leaders unite, nothing will be impossible. I urge developed countries to finance the necessary funding for developing nations. Mongolia has inflicted the least harm to climate degradation. Landlocked, developing, small island states have also had the least impact on climate change. Their industrial development has always been far below that of major countries like the UK, Europe, the USA, and South Korea. Therefore, developed countries must provide the necessary technology and funding to developing countries as their political duty. The UN is currently focusing on ensuring they fulfill this responsibility. Let's work together to build a sustainable future globally. As a result, future generations will live in a brighter, better world. The responsibilities and obligations of politicians, businessmen, and civil society must be broader in scope. In doing so, we will achieve peace, unity, and progress together. The Sustainable Development Goals have five fundamental objectives, known as the "Five Ps": People, Planet, Peace, Prosperity, and Partnership. By protecting our planet, we minimize harm from climate change. Prioritizing peace will lead to tranquility and prosperity. Ultimately, we require partnership. When these five objectives are implemented collectively, there is nothing we cannot achieve, paving the way for a better future. I express my gratitude to the citizens and government of Mongolia, an integral part of the above five objectives. Let's work together. This is our moral responsibility. Especially, I call on the youth to raise their voices. You have this right. Convey your voices to political leaders and businessmen and steer the world and Mongolia towards sustainable, environmentally friendly development. Thank you very much.

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Armenia Now Offers 30-Day Visa-Free Travel

Published: 2024-11-08 | Translated from: ikon.mn

During a meeting of the Armenian government, it was decided that citizens of Armenia and Mongolia can now travel to each other's countries without a visa for 30 days. Previously, this opportunity was only available to citizens holding diplomatic passports. Now, individuals with ordinary passports can enjoy this benefit and travel for up to 30 days. The initial discussions on visa exemptions between the two countries began on June 2, 2019. Initially, this agreement allowed diplomatic staff and government officials to travel freely between the two countries. Recently, the Government of Mongolia proposed to include regular travelers in this agreement, which has been accepted by Armenia. Once this decision is officially ratified, citizens from both countries will have the right to travel, tour, and temporarily reside in each other's countries for 30 days. It is believed that this will take the cooperation and relations between the two countries to a new level. Besides tourism, there is also potential for expanding business relations. Both countries collaborate in agriculture, technology, and renewable energy sectors.

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Meeting with the Deputy Resident Representative of the UNDP

Published: 2024-11-08 | Translated from: news.mn

The Mayor of the Capital City and Governor of Ulaanbaatar, Kh.Nyambaatar, and the Governor of Chingeltei District, N.Manduu, met with Lin Cao, Deputy Resident Representative of the United Nations Development Programme (UNDP), and other relevant officials. During the meeting, the parties exchanged views on implementing a joint project to reduce air pollution using renewable energy. At the beginning of the meeting, Mayor Kh.Nyambaatar expressed gratitude to the visiting delegates, stating, "We are focusing on addressing urgent social sector issues such as reducing traffic congestion in Ulaanbaatar, converting ger areas into residential housing, and reducing air pollution by utilizing renewable energy sources. In this regard, we are looking at the opportunity to work in collaboration with the UNDP, drawing from its experience." Lin Cao, the Deputy Resident Representative of the UNDP, remarked, "We will be pleased to collaborate on addressing the capital city's challenges, such as congestion, energy shortages, and particularly reducing air pollution. The UNDP will provide all kinds of support for the possibility of working together on the sustainable green city initiative and enhancing mutual collaboration in the future." Last year, in cooperation with the UNDP, the Asia Foundation, "URECA" LLC, and the "Ger Urgoo" NGO, the city implemented a pilot project to transition households in ger areas to renewable energy use to reduce the number of chimneys in Ulaanbaatar. Within the project's framework, the households' heating and electricity sources were resolved using renewable energy, and insulation was installed, allowing the households to eliminate their need for stoves and fuel, thus reducing emissions of air pollution and greenhouse gases. Additionally, while last year's project involved five households, the parties expressed readiness to explore the possibility of implementing it with 100 households this year at the end of the meeting.

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The Green Card Lottery Selection Will Take Place in May 2025

Published: 2024-11-08 | Translated from: ikon.mn

The registration for the 2026 Diversity Immigrant Visa Program (Green Card) has closed. The selection process will take place in May 2025, as announced by the Embassy of the United States. Since 2011, more than 1,200 Mongolian citizens have legally immigrated to the United States through this lottery. Reminder: You can only check if you have been selected on the website dvprogram.state.gov/ESC. Be aware that any email claiming you have been selected for the program is fake and a scam. Please keep your registration confirmation number safe. In May 2025, you will need this number to verify your selection status on the site dvprogram.state.gov/ESC. Remember that being selected for the program does not guarantee you an interview for a visa or that you will be granted a visa. More people are selected than the total number of available visas to issue the maximum number possible. Known in Mongolia as the "Green Card Lottery," this program issues up to 55,000 diversity immigrant visas each year to eligible individuals. Warning: Media outlets (TV, Radio, Social, and Web pages) must always cite the source (ikon.mn) when using our information, either fully or partially.

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Ch. Anar: The Prime Minister Intends to Implement State Policy Through a Chinese Company

Published: 2024-11-08 | Translated from: gogo.mn

The session of the State Great Khural (Parliament) is ongoing. The discussion is centered around the budget projections for 2025-2026. During this session, Member of Parliament J. Anar stated the following: He said, "The Government of Mongolia's medium-term action plan, budget framework statement, and the New Revival policy are not aligned with each other. During the election, there was a nice slogan about diversifying the economy. However, it seems that only the price of coal is talked about. Policies are absent, yet budget framework statements are issued. Recently, the Prime Minister, during his visit to the neighboring country, suggested that state policy would be implemented through a state-owned company of the People's Republic of China. The Minister of Economic Development L. Gantomor should be responsible for drafting policies. Does he understand state principles or not? It seems he is selling off the country. Ministries should be ministries, and ministers should act like ministers. Minister L. Gantomor has been going around saying 'Poor country, poor people, poor leader...' I thought we would work together to overcome the dependency on coal and copper. But instead, he's saying things like that. Can such a person be allowed to lead the Ministry of Economic Development? For 30 years, all that's been discussed are coal and copper. The total budget under discussion, our productivity, is similar to the revenue of a chicken-selling business in the world or just a small tech company."

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Meeting with the Deputy Resident Representative of the UNDP

Published: 2024-11-08 | Translated from: isee.mn

The Governor of the Capital City and Mayor of Ulaanbaatar, Kh. Nyambaatar, along with the Governor of Chingeltei District, N. Manduul, met with Lin Cao, the Deputy Resident Representative of the United Nations Development Programme (UNDP), and other relevant officials. During the meeting, the parties exchanged views on jointly implementing a project to reduce air pollution using renewable energy. At the beginning of the meeting, Mayor Kh. Nyambaatar expressed gratitude to the visiting representatives, stating, "We are focused on addressing urgent social issues such as reducing traffic congestion in Ulaanbaatar, providing housing in ger districts, and reducing air pollution through renewable energy. In this context, we are open to learning from and collaborating with the UNDP." Lin Cao, the Deputy Resident Representative of the UNDP, said, "We are pleased to cooperate on issues facing the capital city, such as congestion, energy shortages, and particularly reducing air pollution. The UNDP is ready to support the sustainable green city initiative and strengthen bilateral cooperation in every way possible." Last year, in collaboration with the UNDP, the Asia Foundation, URECA LLC, and Ger Urgoo NGO, the city government implemented a pilot project aiming to reduce the number of chimneys in Ulaanbaatar by transitioning households in ger districts to renewable energy. The project involved using renewable energy to meet the heating and electricity needs of households, as well as providing insulation, which consequently reduced stove and fuel use, therefore reducing emissions and greenhouse gases. At the end of the meeting, the parties expressed their readiness to explore the possibility of expanding the project to 100 households this year, following the inclusion of five households in the previous year.

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Infrastructure

G. Luvsanjamts: The Current Issues in Ulaanbaatar Like Pollution and Traffic Congestion Are Due to the Lack of a Development Plan

Published: 2024-11-08 | Translated from: gogo.mn

Prime Minister L. Oyun-Erdene made an official visit to China from October 4 to 7. During the visit, they looked into the urban planning exhibition in Shanghai and studied experiences on similar projects to be implemented in Ulaanbaatar. On the third day of the visit, they went to Hangzhou to learn about major infrastructure projects such as the Pengbu Bridge over the Qiantang River and the 14.4 km Zhijiang Tunnel. Included in the delegation was G. Luvsanjamts, a Member of Parliament with a background in architecture and urban planning who has worked in Japan. We spoke with him about Ulaanbaatar's planning, the construction of a tunnel through Bogd Mountain, and the building of a 900-meter bridge over the Tuul River to connect with the Bogd Mountain tunnel. We specifically asked what should be considered in these projects and what lessons could be learned from Hangzhou's bridge and tunnel constructions. - First, regarding urban planning, what mistakes have been made in Ulaanbaatar's development over time, and what solutions do you see for correcting these? Our urban planning system has been flawed. There are many general plans such as the city's development plan, the general plan for land management, and the road network development plan. Although Ulaanbaatar has been divided into 47 units, there are no clear and specific plans to develop them or allocate investments in a way that is favorable to the private sector. Without a sectional general plan, urban development can be influenced by the signatures of managers. This has resulted in the emergence of problems like the current pollution and traffic congestion in Ulaanbaatar. Therefore, Ulaanbaatar should be divided into 14 cities and 42 units where a comprehensive, clear, and specific sectional general plan that does not depend on a single official should be created and implemented in stages as quickly as possible. - What solutions from Shanghai's urban planning can be implemented in our city? I see three main things. First, Shanghai has implemented a human-centered city approach since the early 2010s. In our past plans, have we been able to do so? Probably not sufficiently. Second, they have restored historical buildings and created pedestrian-only paths, preserving and protecting them well. Applying this experience to areas like the Baga Toiru, Doch, and Tavin Myangat in the center of Ulaanbaatar could lead to a harmonious combination of history and modernization. Third, Shanghai has developed a green network following rivers and mountain-based green spaces. Ulaanbaatar is surrounded by four mountains, with the Tuul, Selbe, and Dund rivers running through it. We can create a green and blue network based on these features and should consider drawing on examples from international cities. - As a specialist, will you propose any policy-level legal documents related to urban planning to the Parliament for discussion and approval? The Ministry of Construction and Urban Development is working on three packages of draft laws. These include the updated Law on Urban Development, the Law on Housing, and the Law on Construction. As a professional, I am offering my input into what should be considered and where we have made mistakes in the past, with a focused approach on these aspects. - Among the 14 megaprojects planned by the government for the next four years, the construction of a bridge over the Tuul River and a tunnel through Bogd Mountain is included. How feasible do you see this project being? A capital city must be connected to its international airport as quickly as possible to attract investment and tourism and foster rapid development. Recently, major world cities are implementing projects to bring people quickly from airports located 50-60 km from the city center using high-speed trains and expressways. On the way to "Chinggis Khaan" international airport, housing complexes in Yarmag cause heavy congestion. Due to traffic jams, much time is needed for departing and arriving flights. One solution to save this time is the proposed bridge and tunnel project through Bogd Mountain. Although the project has high estimated costs, it could be solved through partnerships like public-private partnerships, toll roads, and offtake agreements with foreign companies, considering many financial solutions to choose the best option. - What is your opinion on the project's financial implementation possibilities? Financially, a toll road option might be implemented quickly. Comparing several solutions like offtake contracts, the most appropriate can be selected. We are currently considering 3-4 options and discussing them with experts. For example, if we want to reach the airport in 20 minutes, the speed needs to be at least 80 km/h. If we decide to expose some parts of the tunnel to save costs, winter cold and snow could slow traffic down. The slope of the road must be under 4% to avoid slipping and accidents in winter. Three months have passed since discussions began on this project. Now, it's time to choose an engineering consultancy and listen to expert opinions to finalize decisions. - How many lanes and what capacity is planned for the tunnel connecting to the airport? We plan to build a four-lane road (two lanes in each direction). The Pengbu Bridge in Hangzhou has eight lanes and a two-level structure with high-speed trains on the first level. This affects the bridge's load. Besides vehicle lanes, they also included pedestrian paths. The unique design of the Hangzhou bridge, reflecting the strong and high waves of the river, is noted. The International Bridge Award contest is held annually in Switzerland, recognizing the world's best bridges. For a significant infrastructure project like this, it would be fitting to design a bridge that could win such an award, embodying style, national culture, and history. We plan to work together towards this goal.

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M. Baldandorj: The Boroogyn power plant and the 50MW battery station will be connected to the central system this month, ensuring a stable winter

Published: 2024-11-08 | Translated from: ikon.mn

The progress of winter preparedness in the capital has reached 98.5%. Ulaanbaatar City's Authority Office's Directorate of City Infrastructure, headed by Director M. Baldandorj, stated, "This year, within the framework of ensuring winter preparedness in the capital, 654 projects and measures have been implemented. As of now, winter readiness is at 98.5%. Comprehensive replacement work on centralized heating pipelines is being carried out in many locations in Ulaanbaatar city, and although there were delays in the restoration work, the heating system for citizens and enterprises is fully connected. Since September 15, there have been about 20 malfunctions in the pipeline network. This highlights the need for Ulaanbaatar city to pay attention to and improve its infrastructure." In order to reduce the shortage of electricity, changes were made to about 70 laws for the first time, and investments were made in energy sources. Specifically, the Boroogyn power plant and the 50MW battery storage station are being prepared to connect to the central system in November to ensure a stable winter. 6,100 tons of salt and 4,400 tons of chemical agents have been stockpiled to melt snow and ice on roads and pavements. This month, a tender was announced for the supply of an additional 1,500 tons of chemicals under certain financing, and delivery is pending. 82,500 tons of coal have been stockpiled in 43 warehouses of compact briquettes, and 237 vehicles from 27 organizations have delivered 136,500 tons of coal to 545 sales points on three routes. "The 50MW battery storage station next to the Baganuur substation is being built with about a 300 billion MNT bond issued by the city, with the 'Envision' company from China as the main contractor and the local 'Monhorus International' company as the subcontractor."

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DORNOGOVI: Surveillance Systems Being Installed in Border Area

Published: 2024-11-08 | Translated from: montsame.mn

The administration of Zamiin-Uud district is currently implementing a project to install cameras within the district's territory. With investments from the district's 2024 local budget, "Project Development Solution" LLC is tasked with laying fiber optic cables over a total of 11 km and installing 23 licensed cameras at seven locations within the Jargalant area. According to the district administration, this project aims to place remote areas of the district under camera surveillance, thereby creating a safer and more comfortable living environment for residents. Zamiin-Uud, with a population of over 25,000 including temporary residents, is a significant hub due to the vertical axis railway and highway passing through the area, in addition to being home to a major border checkpoint, which results in high traffic of incoming and outgoing people.

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KHOVD: Will Work on Developing Transport and Infrastructure

Published: 2024-11-08 | Translated from: montsame.mn

Mongolia and the Asian Development Bank will jointly implement the “Regional Green Development Investment Program for Aimags and Soums.” This multi-phase program is planned to be implemented in 52 soums of 17 aimags. The first phase will be completed by 2029. The program includes four soums from Khovd aimag: Bulgan, Mankhan, Darvi, and Jargalant. In these soums, many activities will be carried out to support agricultural production engineering infrastructure and to establish transport logistics centers, as well as to promote green financing. A working group comprised of the project's team and representatives from the relevant ministry worked in Khovd aimag. They met with local leaders on the 7th of this month to exchange opinions on some of the works planned for 2025. This was reported by the Governor's Office of Khovd aimag. Next year, in Jargalant soum alone, plans have been made to renew the sewage system, construct 6.5 km of road in new settlement areas, build a 110 kW power transmission overhead line, renovate flood protection facilities, and begin construction on a sports hall with 1,500 seats. In addition, it is planned to establish a livestock quarantine zone in Bulgan soum. During the meeting, the local leaders proposed implementing the “Street” project, renovating the city’s centralized garbage site, and increasing the capacity of the sewage treatment facility.

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O.Amgalanbaatar: We Will Open a Port Without Affecting the Protected Area. It Will Contribute Significantly to the Development of the Western Region.

Published: 2024-11-08 | Translated from: ikon.mn

Member of Parliament O.Amgalanbaatar provided information today regarding the Naransavstain port issue. He stated, "The western regions are the most underdeveloped in terms of development. If we can open a corridor from Bayan-Ölgii, Uvs, Zavkhan to Naransavstain port, a great opportunity will arise. The people of the western region will be able to travel 500-600 km south to have a port like Eren-Zamiin-Uud. The media has been suggesting that we are going to destroy the unique beauty of nature. But seeing it with your own eyes is different. The port was opened in 1992 and then closed due to the concern that it would destroy the desert barren lands. For me and the working group initiating this project, we have found a way to open the port without affecting the vast protected area of the desert. Let us show you on the ground. Further, some people are talking about opening and developing the Burgastain port in Govi-Altai province. They say that it is unpleasant to pass through the Burgastain border because they even take off your shoes for inspection. It is a port that deters even people from going through it, let alone conducting trade. Yet, people who have never traveled through there are saying to open and develop that port. The internal issues in the Xinjiang Uyghur Autonomous Region are serious. Security is more important than trade in that area. There are double-layered fences along the border. There is a fence stronger than the one protecting the state palace, designed to stop even rabbits from passing through. There is no life, no animals at all. A road will be built along the border without affecting the protected area. There have also been reports about mining for gold in that area. That's not true. The deposits are deeper underground. Moreover, there are many areas dug up by small miners in collaboration with certain friends of the protected area. Four years ago, when we organized a youth event called "Single Party" in Govi-Altai, they criticized it nationwide as being a breeding event. But now, all other provinces have started copying this. Naransavste is like this. Although there is opposition today, this is the solution and way forward that will make a real contribution to the development of Mongolia's western region."

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Society

Concerns Over Press Freedom in Mongolia Following N. Önörtség's Legal Battles

Published: 2024-11-08 | Translated from: isee.mn

The international press has reported on "a dangerous precedent in Mongolia that threatens press freedom and could lead to the persecution of journalists," in relation to N. Önörtség. A primary court hearing concerning N. Önörtség, the chief editor and journalist of the ZARIG.mn website, took place last July, sentencing her to 4 years and 9 months of imprisonment on five charges. An appeals court session held yesterday upheld the lower court's decision, maintaining the 4-year and 9-month sentence. International media closely observing this case has viewed it as a form of Mongolia backtracking on its democracy and as a sign of potentially stifling press freedom in the country. Consequently, there is coverage on how international media and analysts are perceiving and writing about this case. The "Reporters Without Borders" (RSF) organization expressed concern over the lack of transparency in the legal proceedings against N. Önörtség, as the appeal session happened behind closed doors. They wrote that this could set a dangerous precedent for suppressing press freedom in Mongolia. Last July, the initial trial at the Criminal Court of First Instance of Sükhbaatar District was held privately, sentencing journalist N. Önörtség to 4 years and 9 months in prison. She was charged with "evasion of taxes," "disclosing private information," "illegally obtaining and retaining state secrets," "money laundering," and "spreading false information." Though the Mongolian government has stated its commitment to democratic values, press freedom has been deteriorating recently. The secret nature of the trials, ostensibly held to protect national security and the privacy of minors, has also raised concerns internationally. There are worries about the apparent lack of openness and possible miscarriage of justice, noted by civil groups in Mongolia. They have criticized the decision, stating that even when a journalist is at fault, conducting closed hearings is improper and goes against the principles of an open court system. The appellate court has been urged to hold the next hearing publicly and as transparently as possible; however, it remained closed. Additionally, N. Önörtség was known for exposing corruption and money laundering issues of high-ranking Mongolian officials and had been subjected to investigations on accusations of defamation 16 times. Initially arrested in December 2023, she spent over two months in detention and was later put under house arrest before being imprisoned after the latest hearing. Despite the Mongolian government's assertions of valuing democratic principles, press freedom in Mongolia has visibly worsened lately. According to the 2024 World Press Freedom Index by RSF, Mongolia ranks 109th out of 180 countries, showing a decline of 36 positions since 2020. The situation is deemed "difficult" due to frequent illegal lawsuits against journalists and increasing concentration of media ownership. There is intensifying political pressure, and corruption among political elites influencing media outlets is growing more rampant, as international media coverage indicates.

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Published: 2024-11-08 | Translated from: unuudur.mn

Lawyer Ö. Erdene-Ochir and economist S. Bayarkhuu provided information about a claim submitted to the Constitutional Court, opposing the collection of social insurance contributions from service contracts, contract work, and similar agreements. Lawyer Ö. Erdene-Ochir stated, “The General Law on Social Insurance was passed last year. During the legislative discussions, the Bar Association of Mongolia and the Mongolian Institute of Certified Tax Advisors organized a discussion related to amendments to the Social Insurance Law. According to the discussion, collecting social insurance contributions from service contracts, contract work, and similar agreements, whereby both the contractor and the contracting legal entity engaged in one-time work pay social insurance contributions, violates the Constitution. It also does not conform to the relevant tax laws. We submitted this conclusion to the Standing Committee on Social Policy of the State Great Khural (Parliament). However, the conclusion was not accepted. On July 10, 2023, coinciding with the national festival, the General Law on Social Insurance was enacted and is now being implemented. Although we submitted the matter to the Constitutional Court, it was rejected. Thus, we have reached a deadlock in terms of legal proceedings. However, as a result of bringing this issue to public attention, some political parties and coalitions included the removal of social insurance contributions in their election manifestos ahead of the regular elections of the State Great Khural. Currently, some ministers and members of parliament are discussing changing this law. However, this has not been mentioned in the Budget Law, its accompanying laws, or amendments. In other words, the provision to collect social insurance contributions from service contracts, contract work, and similar agreements has not been removed. It seems that it will not change by 2025. Therefore, we will organize advocacy to remove this provision and are open to cooperation,” he said. Additionally, he noted, “Article 18.14 of the 2017 Criminal Code contains a provision for evading social insurance payments. Accordingly, there is a risk of criminal liability for directors of enterprises and organizations.” Economist S. Bayarkhuu remarked, “In 2024, revenue from social insurance allocated to the budget was 5.9 trillion MNT. However, for 2025, the draft proposes increasing it to 6.9 trillion MNT. This means that in order to collect an additional trillion MNT, taxes and contributions will be taken from service contracts, contract work, and similar agreements, increasing the burden on enterprises. Business owners are being oppressed by taxes and social insurance contributions.” Furthermore, a proposal to remove social insurance contributions from service contracts, contract work, and similar agreements has been submitted to the D.parliament electronic petition system, and citizens have begun collecting signatures.

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Implementation of the Child Protection Partnership Compact Agreement is Effective, Set to Continue

Published: 2024-11-08 | Translated from: ikon.mn

The Ministry of Justice and Home Affairs, the Ministry of Labor and Social Protection, and the U.S. Embassy organized a discussion regarding the implementation of the Child Protection Partnership Compact Agreement between Mongolia and the U.S. government. The Child Protection Partnership Compact Agreement has been in effect since 2020. Under this project, specific activities have been carried out to work with children who are victims of human trafficking and labor exploitation and to strengthen both governmental and non-governmental organizations in this area. Additionally, a temporary shelter providing services to children and women who have become victims of such crimes has been set up, and 59 clients have been received. A long-term protection and rehabilitation service center for child victims of sexual exploitation has been established under the General Agency for Child and Family Development, providing technical support and assistance. Six children are currently receiving services at this center. Furthermore, the Child Protection Law has been revised and approved, resulting in improved child protection during the investigation and decision-making processes of cases. This includes the setup of child-friendly rooms and positive impacts such as taking statements and testimonies from children in a considerate manner. The parties involved agree that the implementation of the Child Protection Partnership Compact Agreement has been effective, and thus it has been decided to continue the program, as informed by the Ministry of Labor and Social Protection. Warning: Media organizations (Television, Radio, Social and Web pages) must always cite the source (ikon.mn) when using any form of our information entirely or in parts.

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Environment

Lin Cao: Looking forward to collaborating to reduce Ulaanbaatar's air pollution

Published: 2024-11-08 | Translated from: gogo.mn

Deputy Resident Representative of the UN Development Programme, Lin Cao, was received by the Mayor of Ulaanbaatar and the Governor of the Capital City, Kh. Nyambaatar, along with Manduul of Chingeltei District and other relevant officials. During the meeting, the parties exchanged ideas on implementing a project to reduce air pollution using renewable energy. At the start of the meeting, Mayor Kh. Nyambaatar expressed gratitude to the representatives, emphasizing efforts to address critical social issues such as reducing traffic congestion, converting ger areas into housing, and reducing air pollution through renewable energy. He noted the potential for collaboration by studying the UN Development Programme's experience. Lin Cao stated, "We are pleased to collaborate in addressing the capital's challenges, including traffic, energy shortages, and particularly reducing air pollution. The UN Development Programme will explore cooperation under the sustainable green city initiative and provide all kinds of support for strengthening bilateral cooperation in the future." The city administration has worked with the UN Development Programme, the Asia Foundation, "URECA" LLC, and "Ger Urgoo" NGO to implement a pilot project for transitioning ger area households to renewable energy to reduce the number of chimneys in Ulaanbaatar. The project aimed to transition the heating and electricity sources of households to renewable energy while providing insulation, thus reducing the use of stoves and fuel, and consequently lowering the emissions and greenhouse gases released into the atmosphere. Last year, five households were involved in the project; this year, they expressed readiness to explore extending it to 100 households. Kh. Nyambaatar also conveyed interest in learning from the UN Development Programme's experience and exploring ways for cooperative work. Lin Cao reiterated the desire to work together on pressing issues such as traffic congestion, energy shortages, and air pollution reduction and to study opportunities for collaboration under the sustainable green city initiative.

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World Bank: Mongolia's livestock sector leads in carbon emissions

Published: 2024-11-08 | Translated from: gogo.mn

The report from the World Bank highlights that two-thirds of Mongolia's pasturelands are degraded, out of which about 10% are irreversibly degraded. Mongolia's livestock sector ranks high globally for carbon emissions, according to the World Bank report. The greenhouse gas emissions from producing one kilogram of beef are significantly higher compared to countries like China, the USA, and Kazakhstan. The need for appropriate policy packages, sources of investment to reduce pasture pressure, enhance livestock production, and increase water reuse is emphasized. It also stresses the importance of improving sustainable forest management. According to World Bank research, Mongolia has the potential to increase its ecosystem's carbon absorption by approximately six percent. This would offset about 14% of the methane emissions from livestock production annually.

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DUNDGOVI: 19,520 trees planted as part of the 'Hundred Thousand Trees' project in the energy sector

Published: 2024-11-08 | Translated from: montsame.mn

As part of the energy sector's 'Hundred Thousand Trees' project, initiated to support the national 'One Billion Trees' movement, 19,520 trees have been planted in Dundgovi province. Representatives from eleven energy sector organizations implementing this project visited the province, met with local leaders, presented their activities, and delivered the planted trees. The tree planting initiative was carried out in stages in this province. Specifically, from 2022 to 2024, 1,000 trees were planted in each of Delgertsogt, Saikhan-Ovoo, Delgerkhangai, Luus soums, and at the Choirin Monastery located in Delgertsogt soum. In addition, 920 trees were planted in Erdenedalay soum and 10,500 trees in Saintsagaan soum. Furthermore, 3,100 trees were planted on 24 hectares of land behind the Mandal substation of the Gobi region branch of the National Power Transmission Grid JSC, with accompanying well and irrigation systems.

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2024 Likely to Be the First Year to Exceed Global Warming Threshold

Published: 2024-11-08 | Translated from: ikon.mn

The year 2024 is expected to be filled with natural disasters such as extreme heat and tropical cyclones worldwide. Researchers believe that human activities are the primary cause of these changes, with the natural and climatic phenomenon known as El Niño having relatively less impact. Under the 2015 Paris Agreement, about 200 countries committed to keeping the global average temperature rise below 1.5 degrees Celsius compared to pre-industrial levels. However, European researchers reported that 2024 is likely to be the first year to exceed this warning threshold. The global average temperature in the first 10 months of 2024 has remained consistently high, and if the remaining two months do not see a significant drop, this threshold is likely to be surpassed. For example, the European Copernicus Climate Change Service reported that the global average temperature for 2024 is projected to exceed pre-industrial levels by 1.55 degrees Celsius. The pre-industrial period refers to the years 1850-1900. Since then, industrialization has intensified worldwide, and air temperature increases due to human activities have begun. Last year, global warming increased to 1.48 degrees Celsius. This year, it is projected to exceed 1.5 degrees Celsius. However, surpassing the 1.5-degree threshold does not mean that the Paris targets are unattainable. Since this is calculated based on the average temperature over the last 20 years, it implies that we still have time to mitigate the increase. However, if the threshold continues to be exceeded every year, the possibility of reversal becomes increasingly difficult. The heat in 2024 is being explained in connection with the periodic El Niño weather phenomenon. This is an occurrence where the temperature on the surface of the eastern part of the Pacific Ocean rises above normal, increasing the air temperature worldwide. Researchers believe that this instance of El Niño began in mid-2023 and ended by April 2024, though temperatures remain high. Researchers are hopeful that the upcoming La Niña weather phenomenon will reduce global air temperatures from next year onward. La Niña is the term for the cooling of global air temperatures following an El Niño event. Warning: Media organizations (Television, Radio, Social Networks, and Websites) must mention their source (ikon.mn) when using this information in any form, in whole or in part.

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Innovation

"UBTZ" LLC Begins Implementing Starlink Internet Service

Published: 2024-11-08 | Translated from: ikon.mn

"UBTZ" LLC has started to install high-speed Starlink internet service on 10 train cars on the Ulaanbaatar-Zamiin-Uud route as a pilot project to ensure comfortable travel conditions for its passengers. This year, an additional 60 train cars will be equipped. The plan is to connect all passenger cars with a comprehensive internet network by 2025. During the trial period, passengers have reported that the internet service is working reliably without any interruptions. Previously, passengers could only access limited internet services based on their own mobile operator's network coverage and available networks near major settlements along the railway. Now, UBTZ LLC has reported that passengers can connect to the internet from anywhere throughout the journey. Warning: Media outlets (Television, Radio, Social Media, and Websites) must mention the source (ikon.mn) when using our information in full or in part.

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Starlink Internet Service Tested on Zamiin-Uud Train

Published: 2024-11-08 | Translated from: news.mn

UBTZ has begun testing high-speed Starlink Internet service on 10 cars of its Ulaanbaatar-Zamiin-Uud train to enhance the convenience of its passengers. This year, an additional 60 cars will be equipped with this service. By 2025, the plan is to fully connect all passenger cars to the internet in a phased approach. During the trial period, passengers have reported that the internet service has operated reliably without interruptions. Previously, passengers could only access the internet through their own mobile operator networks, limited to major settlements along the railway. Now, they can stay connected during the entire journey, regardless of location.

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Health

Warning about carbon monoxide poisoning

Published: 2024-11-08 | Translated from: montsame.mn

Ulaanbaatar. As the heating season begins, citizens are being warned to prevent carbon monoxide poisoning. During the heating season, there is an increased risk of carbon monoxide poisoning due to malfunctions in household carbon monoxide detectors, improper operation of stoves, and the breakdown of their integrity. Therefore, citizens are advised to regularly check the operation, battery, and alarm of their carbon monoxide detectors, as well as the integrity of stoves. Additionally, by ensuring stoves do not emit carbon monoxide or other gases through gaps, it is possible to prevent carbon monoxide poisoning, according to the Capital City Governor's Office Department of Public Information and Communication.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Politics

Mongolia Approves Draft Laws for 2025 Budget

The 2025 Budget Law Project Approved

P. Sainzorig: The Parliament Adopted a Resolution Violating the Law in Amending the Budget

Parliament Approves Resolution to Amend Budget

The Plenary Session Will Continue Discussing the 2025 Budget Proposal

BUDGET 2025: How will the government spend the ₮31.9 trillion in taxes you pay?

LIVE: Discussing the 2025 State Budget and Expressing Opinions

Will the Government Resign?

D. Enkhtuvshin: Sorry, We Could Not Reduce the Bloated Budget

The need to closely monitor the preparation and reporting of election expenses

The HUN Party Proposes Budget Amendments, Demands Efficient Cost Reduction

The budget amendment will be submitted by next month

2025 Budget Approved

The 2025 National Budget with an Expenditure of 26.4 Trillion Has Been Approved

PHOTO: The State Budget Expenditure for 2025 Approved by the Parliament at 26 Trillion 485 Billion MNT

Discussion on the Scheduled Oversight Calendar for the Fall 2024 Session

D. Amarbayasgalan: A budget amendment will be submitted by the end of this year

Approved to Revise the 2025 Budget by the End of This Year

Ts. Davaasuren: If the Parliament cannot approve the 2025 budget by the 15th of this month, it should dissolve

Economy

The Government Must Focus on Efficiently Managing Taxpayer Funds

To Spend Taxpayer Money Efficiently, Budget Planning Must Be Improved

Inflation rose to 7% nationwide in October, accelerating for the fourth consecutive month

Fuel Imports Are Normal, Diesel Fuel Will Not Run Out

Z. Narantuya Appointed as CEO of the Development Bank

Focus on Transitioning to a System Where Salaries Increase with Productivity

Imported goods and raw materials worth $9.5798 billion

The country has a reserve of 22 days of AI-92 fuel and 27 days of diesel fuel

D.Enkhtuvshin: While citizens' lives are in hardship, the state budget has been increased by 13 trillion

MMRG: No shortage of diesel fuel and A-92 gasoline

Company with Rare Earth Elements Exploitation License Violated Regulations in Khalzan Buregtei

KOREAN AIR: Announces Discounts on Flights to Seoul

300 Billion MNT to be Issued as Government Securities from Social Insurance Fund

Will Housing Prices Decrease if Land is Provided for Free?

Diplomacy

Ban Ki-moon: The Sustainable Development Goals are the most ambitious and comprehensive policy proposed by the UN in the history of global diplomacy

Armenia Now Offers 30-Day Visa-Free Travel

Meeting with the Deputy Resident Representative of the UNDP

The Green Card Lottery Selection Will Take Place in May 2025

Ch. Anar: The Prime Minister Intends to Implement State Policy Through a Chinese Company

Meeting with the Deputy Resident Representative of the UNDP

Infrastructure

G. Luvsanjamts: The Current Issues in Ulaanbaatar Like Pollution and Traffic Congestion Are Due to the Lack of a Development Plan

M. Baldandorj: The Boroogyn power plant and the 50MW battery station will be connected to the central system this month, ensuring a stable winter

DORNOGOVI: Surveillance Systems Being Installed in Border Area

KHOVD: Will Work on Developing Transport and Infrastructure

O.Amgalanbaatar: We Will Open a Port Without Affecting the Protected Area. It Will Contribute Significantly to the Development of the Western Region.

Society

Concerns Over Press Freedom in Mongolia Following N. Önörtség's Legal Battles

Opposition to Social Insurance Contributions from Service Contracts

Implementation of the Child Protection Partnership Compact Agreement is Effective, Set to Continue

Environment

Lin Cao: Looking forward to collaborating to reduce Ulaanbaatar's air pollution

World Bank: Mongolia's livestock sector leads in carbon emissions

DUNDGOVI: 19,520 trees planted as part of the 'Hundred Thousand Trees' project in the energy sector

2024 Likely to Be the First Year to Exceed Global Warming Threshold

Innovation

"UBTZ" LLC Begins Implementing Starlink Internet Service

Starlink Internet Service Tested on Zamiin-Uud Train

Health

Warning about carbon monoxide poisoning

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