Nov 23, 2024 59 min read Daily News Summaries

Mongolia News Summary for November 23, 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

EVENTS: Discussion on the President's Veto of Mongolia's 2025 Budget

Published: 2024-11-22 | Translated from: ikon.mn

At the State Palace 9:00 AM: Meetings of the MPP and DP factions are taking place. 12:00-1:00 PM: The Budget Standing Committee and the Legal Standing Committee will meet. 3:00 PM: At the plenary session of the State Great Khural, the President's veto on the 2025 Budget Law of Mongolia, along with the accompanying and related laws, will be discussed. At the General Examination Office 10:00 AM: The family of the child who tragically died on October 28 of this year, possibly by choking at an unauthorized childcare facility, will provide information. At the National Center for Communicable Diseases 11:00 AM: Information will be given regarding the situation of influenza and influenza-like illnesses and their prevention. At the MBS Center-Gandantegchilen Monastery 11:00 AM: A press conference will be held in observance of Bogd Zonkhova's auspicious "Zul 25th." At the "National Information Center" 11:30 AM: Players from the Mongolian Classic Darts Association will give information on winning the first ever cup and gold medal at the Asia Pacific Region Championship. Notice Media organizations (Television, Radio, Social, and Web pages) must cite their source (ikon.mn) when using our information in any form, fully or partially.

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The Standing Committee on Legal Affairs Supports the President's Veto on the 2025 Budget of Mongolia

Published: 2024-11-22 | Translated from: isee.mn

Today's session of the Standing Committee on Legal Affairs of the State Great Khural started at 13:17 with 59.1% of the members present, discussing two issues. The committee first reviewed the President of Mongolia's veto on the 2025 Budget Law and related legislative acts, with Head of the President's Office, G. Zandanshatar, providing a presentation. Based on Article 33, Paragraph 1.1 of the Constitution of Mongolia and Article 12, Paragraph 8 of the Law on the President of Mongolia, the President exercised his power to veto the entire 2025 Budget Law, along with all associated and related legislative acts. It has been suggested that, considering the situation of international markets and fluctuations in raw material prices, a counter-cyclical fiscal policy should be adopted to increase foreign currency reserves and budget savings, reduce debt, and aim for a non-deficit budget. The geopolitical and geo-strategic situation has caused the external economic environment to change unpredictably, with high volatility in global raw material market prices. The President emphasized that during this critical time, it is in the national interest to adopt a counter-cyclical economic policy and plan an efficient, economical, and non-deficit budget that leads to development. This approach would ensure increased savings, limit price fluctuations, maintain economic stability, and support citizens, businesses, and taxpayers in continuing their operations. The goal of ensuring economic stability and growth should always be kept in mind, providing a solid foundation for implementing development policies, top priorities, and projects to improve national security, sustainable development, and the quality of life for citizens. The 2025 state budget was discussed and approved by the State Great Khural in accordance with the requirements of the Budget Law, ensuring efficiency and economy in planning and expenditure, and maintaining transparency in budget discussions, approvals, planning, execution, and reporting. However, the 2025 Budget Law and related legislation did not fully fulfill these requirements, violating the basic principle stated in the first Article, Section 2, of the Constitution: "The rule of law is a fundamental principle of the state's activity." The President reminded that the recently approved "2024-2028 Government Action Plan" by the State Great Khural included goals to limit budgetary current expenditure growth, meet the requirements of budgeting goals, and manage government debt responsibly. Proposals and criticisms are being shared by citizens, wealth creators, taxpayers, and professionals emphasizing the necessity to tighten budget discipline, reduce budget expenses according to principles of efficiency and economy, eliminate function duplications, and fulfill the electoral promises of political parties and coalitions. Furthermore, the legislation for the 2025 Budget of Mongolia violates the Constitution's principle that "Honoring the law shall be a fundamental basis of the state's activity." The 41st resolution by the State Great Khural, related to the approval of the 2025 Budget, acknowledges that the budget did not fully meet the principles stated in the Budget Law and the Budget Stability Law, and was not planned to be efficient and economical. Despite the 2025 Budget Law not yet coming into force, the State Great Khural's move for a budget amendment violates the constitutional requirement that the rule of law be maintained. During discussions related to the presentation, member Dav. Tsogtbaatar inquired about the "counter-cyclical fiscal policy" mentioned in the veto, while member Ts. Sandag-Ochir asked whether the President's veto aimed to reduce the deficit or achieve a deficit-free budget. G. Zandanshatar clarified that it was the latter. Members B. Enkhbayar, B. Zayabal, and D. Ganbat supported accepting the President's veto, while member P. Sainzorig noted that administrative units are also waiting to finalize their budgets based on the state budget. The President's veto on the state budget is not unprecedented, and dissatisfaction was expressed with the subcommittee responsible for preparing the budget and legislative package for discussion. Following the discussion, a majority of members supported accepting the President's veto on the entire budget and related legislative acts in a vote. The committee will present these findings at the general session. The committee also discussed a draft resolution, which was introduced by Chairman D. Tsogtbaatar. Members did not deem it necessary to ask questions on this matter, leading to its approval in a subsequent vote. The hearing date for appointing a non-judge member to the Judicial General Council was adjusted to December 11, 2024, according to the State Great Khural's Press Office.

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LIVE: Discussion Begins on President U. Khurelsukh's Veto on the 2025 Budget Proposal

Published: 2024-11-22 | Translated from: isee.mn

Today's session of the State Great Khural is discussing the veto placed by the President on the entire 2025 budget proposal. Members of the parliament are asking questions and making statements regarding the matter under discussion. During this session, the Speaker D. Amartbaysgalan stated, "It is appropriate for the Minister of Finance Javkhlan to express his position on matters related to drafting the budget and submitting it for discussion. In August, amendments were brought in, causing some frustration and division among the members. Of course, the members resolved the issue by majority. On September 1st, the budget proposal was submitted and discussed by the working group and the standing committee. There was ample opportunity to creatively accept the suggestions of the members and address some changes and today's criticisms. However, the political parties and groups decided that they should support the project as submitted by the government, and thus it was approved as such. A resolution related to measures to be implemented by the State Great Khural was initiated by the budget standing committee, and it was proposed to address the budget amendment within the first quarter of 2025. Named members and ministers responsible for the issue proposed to amend it by the end of the year, changing the timeframe. Today, they are going around discussing the resolution approved by the State Great Khural as if it violated the Constitution. Therefore, there is a need to be accountable for the submitted and discussed issues. A large working group led by Deputy Chairperson Kh. Bulgantuya, involving 25 members, was established regarding the budget discussion. Their work has commenced."

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Potential Budget Cuts: Cultural Ministry's Package, Overseas Trips, Furniture and Equipment Spending Could Be Reduced

Published: 2024-11-22 | Translated from: isee.mn

The President of Mongolia U.Khurelsukh has vetoed the entire 2025 budget law, along with other laws submitted and developed in association with it. However, the Parliament must discuss and decide whether to accept the President's veto within 14 days. The President believes that the government should reduce its budget deficit and uphold the rule of law. Following this, Finance Minister B.Javkhlan also stated, "We will positively consider the President's veto and make favorable changes. The government has already conducted its calculations." In other words, the government has already decided which expenses to cut and which projects to drop, forming an alternative plan. There are certainly numerous expenses possible to cut from the budget. Projects that citizens criticize the most could be cut first. Notably, the budgets for Culture, Sports, Tourism, and Youth Minister Ch.Nomin's cultural license worth 18 billion MNT, 268 billion MNT for furniture and operational costs, 70 billion MNT for information technology services, and 1.9 trillion MNT for outsourced work and services are likely to be reviewed and potentially reduced. - POSSIBLE CUTS IN 111 BILLION MNT FOR FOREIGN MISSIONS AND 2 TRILLION MNT FOR OUTSOURCED WORK AND SERVICES - Next year's budget allocates 111 billion MNT for foreign missions, four times the amount from the previous year. Our country has conducted many foreign visits and hosted many high-level state visits this year. Therefore, the fourfold increase in the budget for next year has brought surprise among citizens. Additionally, 1 trillion 857 billion 913.3 million MNT is allocated for outsourced work and services, accounting for five percent of the national budget. Last year, the figure was 957 billion MNT, doubling in next year’s budget. Previously, MP G.Temuulen mentioned, "Outsourced work and services relate to expenses associated with contracts made with legal entities, not internal operational expenses of a given organization. These are not related to salary, pensions, or allowances. It's for expenses contracted to legal entities, likely including meetings, consultations, or advisory services." Therefore, these costs appear to be reducible to a reasonable extent. - POSSIBLE REDUCTIONS IN 1 TRILLION MNT SPENDING FROM THE CULTURAL MINISTER'S PACKAGE AND FURNITURE, EQUIPMENT - Furthermore, over 900 billion MNT, or 1 trillion MNT, is budgeted under "Other Goods and Materials," a vague category not clearly defining allocation purposes. Moreover, 268 billion MNT is budgeted for furniture, equipment, and operational repairs, which is 2.2 times more than last year, while 70 billion MNT is budgeted for IT services, 3.6 times more than last year. We must not overlook the cultural minister's budget package. In the Culture, Sports, Tourism and Youth Minister's package includes 1 billion MNT for a cinema in Jargalant sum, Khovd province, 18 billion MNT for 'cultural licenses,' and increased budgets for the cinema support fund from 403 million to 2.5 billion MNT, among other issues. Contrastingly, while the energy sector's budget considered problematic is 300 million MNT, 500 million MNT is allocated for the cultural minister, eliciting criticism from citizens. In total, of the 35.8 trillion MNT, about 72.8 percent represents operational costs. The remaining approximately 28 percent accounts for investment expenses. Hence, both members and citizens demand cuts in operational costs, with the President having already vetoed this, waiting for reductions in such expenses.

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Discussing the President's Veto Today in Party Groups and Parliament

Published: 2024-11-22 | Translated from: itoim.mn

President U. Khurelsukh has vetoed the entire 2025 budget and the laws passed together with it. In response, it has been scheduled for discussion today by the party groups in the State Great Khural, the standing committees, and the plenary session of the Parliament. Specifically, at 11:00 AM, the Mongolian People's Party (MPP) group and the Democratic Party (DP) group in the State Great Khural will meet to decide their political stance on whether to accept the President's veto. At 12:00 PM, the Budget Standing Committee of the State Great Khural will convene, followed by the Legal Standing Committee at 1:00 PM to discuss the veto. The veto will then be discussed at the plenary session of the Parliament at 3:00 PM. The party groups in the State Great Khural and the Parliament are expected to accept the President's veto because the expenditures in the 2025 budget are high, with some members calling for a reduction by 3.6 trillion. However, the budget deficit for the upcoming year is 2.1 trillion, necessitating significant cuts. If the budget expenditures are reduced by 3.6 trillion, it would require cutting 50% of the planned 1.7 trillion investments, as stated by Finance Minister B. Javkhlan. Consequently, there will be no room for investment through the state budget.

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The MPP and DP factions accepted the President's veto

Published: 2024-11-22 | Translated from: news.mn

The DP and MPP factions in the State Great Khural convened today and accepted the President's veto on the entire 2025 budget. Specifically, the MPP faction in the State Great Khural held an extraordinary session and decided to accept the President's veto on the Law on the 2025 State Budget of Mongolia and the accompanying bills submitted and approved in connection to it. Similarly, the Democratic Party faction in the State Great Khural also held an extraordinary meeting to discuss the President's veto on the Law on the 2025 State Budget of Mongolia along with the related bills. The President's Economic Policy Advisor, B. Davaadalai, participated in the meeting of the Democratic Party faction in the State Great Khural.

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Submitted the Budget Plan for the Capital's Next Year

Published: 2024-11-22 | Translated from: unuudur.mn

The budget plan for Ulaanbaatar city for 2025 was submitted yesterday by the first deputy mayor in charge of economic development and infrastructure issues, T. Davaadalai, to the chairman of the city council, A. Bayart. The city administration office reported that the project aims to complete the investment works started in previous years and to increase the accessibility of basic social services. It also focuses on activating public-private partnerships, implementing policies to expand the city's economy, reducing air and environmental pollution, and providing housing in the ger districts. In terms of infrastructure, it is planned to increase the connecting roads of Ulaanbaatar city, implement comprehensive reforms in the public transport sector, and reduce traffic congestion by up to 30 percent. Additionally, there are specific plans to mitigate over-centralization, develop new settlement areas and sub-centers, comprehensively reform public transport policies, and create conditions for citizens to live in a healthy and safe environment.

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C. Davaasuren: Structural Changes Are Necessary to Pass a Deficit-Free Budget

Published: 2024-11-22 | Translated from: itoim.mn

Today's session of the Mongolian Parliament's Budget Standing Committee began discussing the President of Mongolia's veto on the 2025 state budget law, which was submitted along with other related legislation. Members are currently asking questions and receiving answers related to the topic under discussion. MP N. Altankhuyag stated: "Many members of parliament have been making proposals, but deceptive maneuvers have been used by a few leaders to issue a resolution to pass an unapproved budget, which is a violation of law. This is not the fault of parliament but rather the work of a few leaders. Now, we need to use this correctly and do the right thing. I joined the working group to revise the budget, but the MPP caucus met and adopted it without any changes. Does your party's caucus now have the desire and will to change the budget? If not, this budget will just become a mess again. I will not join the working group now. I will not be a puppet anymore. If we do not revise the budget with government participation now, parliament will face trouble. Afterwards, we will be dismantled piece by piece. It is already possible to significantly cut operational expenses. For instance, the law is being violated by employing approximately 2,000 agitators just in the capital, under the guise of section leaders. A budget of 100 billion tugriks has been allocated for their salaries. MP C. Davaasuren commented: "It is true that the budget has grown excessively. Thus, it is correct to reduce the deficit as per the President's veto. We should no longer pass deficit budgets in the future. However, once a budget has grown, it is very difficult to reduce it. When B. Tuvshin was asked to cut, he managed to reduce it by 306 billion. Yet I didn't understand why a statement was made to cut by 3.6 trillion. In the working group, this became 32 billion and wasn't cut in the session. Parliament is unable to reduce the budget. We can't cut even the 28 billion bond rights. I have reviewed the proposal to cut 3.6 billion. Of this, 1.4 billion is for salaries, pensions, and military allowances. Over 400 billion tugriks are for increased wages of law enforcement agencies. This is this year's increase. Also, infrastructure for regional development is 1.4 billion. Three billion is for just these two. Only 600 billion remains. This includes only three meetings. Personally, I saw no choice but to make structural changes and reduce. Salaries have tripled since 2020 to 7 trillion, which means wasteful positions have increased."

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O.Tsogtgerel: After approving a 30% expanded budget, why is it considered right as soon as the President imposes a veto?

Published: 2024-11-22 | Translated from: ikon.mn

The President imposed a veto on the Law on the Budget of Mongolia for 2025 and the related legislations that were submitted and adopted along with it. The State Great Khural's regular session is discussing whether to accept this veto in today's plenary session. During this, MP O.Tsogtgerel questioned, "The President's veto will be accepted. Will the system of the budget increasing by 30% every year continue as it is, or how will it change? The amendment to the Law on Budget Stability, approved in August, opened the door for limitless budget increases. The main goal is to amend it so that such things do not happen again, which is one of the primary tasks of the legislative body. If the usual obstructive measures were not removed, it would not have been possible to increase budget expenditures beyond 6-7% in relation to real GDP growth. After opening the door for excessive budget expansion in August, a 30% expanded budget was brought in and approved on September 1st. As soon as the President imposed a veto on it, what does it mean when people say it was the right thing to do?" he asked. In response to his question, Finance Minister B.Javkhlan stated, "In August, concurrently with the joint government's action plan until 2028, the 2024 revision was submitted. This revision was aimed at promptly fulfilling the government's plan and getting off to a successful start. Along with this, the joint government's 2025 budget was submitted, with a concept aimed at reaching the plans in the coming years and based on the concept of regional development. Since the amendment and the 2025 budget are included, it is expanding to a certain extent. Also, the internal GDP has increased 4.5 times over the past four years. However, the budget-to-GDP ratio remains stable at 3/1. The budget expenditure increase of 3.5 trillion MNT includes the cost rise due to price increases and the operating costs of sectors increased by laws and regulations. The government will promptly reach its macro goals. Considering the President's veto, changes are occurring in the external conditions in the short term. Therefore, the government was required to move carefully, not rushing towards its major goals, and not to back down from its targets." Warning: Media organizations (Television, Radio, Social, and Web pages) must be aware that using our information in any form, either in full or partially, should always cite the source as (ikon.mn).

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78.7% of Attending Members Support Accepting the President's Veto on Next Year's Budget

Published: 2024-11-22 | Translated from: isee.mn

In today's session of the Mongolian Parliament, the discussion focused on whether to accept the President of Mongolia's veto on the law concerning the 2025 state budget and related legislation that was submitted and subsequently prepared and approved. During the session, members of parliament asked questions and received answers related to the topic. After conducting a vote, 78.7% of the parliament members supported accepting the President's veto on the 2025 budget.

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MPRP and DP MPs Agree to Support President's Veto on 2025 Budget Proposal

Published: 2024-11-22 | Translated from: isee.mn

The President of Mongolia, U. Khürelsükh, has vetoed the 2025 budget proposal. The decision on whether to accept the veto will be made today by the party groups, standing committees, and the plenary session of the parliament. This morning, the MPRP and DP factions in the parliament convened and decided that it would be appropriate to accept the President's veto on the entire legislative package related to the 2025 state budget of Mongolia, which was submitted together with and in conjunction with the budget law itself. Following this, the Budget Standing Committee, the Legal Standing Committee, and the parliament's plenary session will meet at 15:00 to discuss the President's veto.

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P. Sainzorig: Accountability is Necessary for Violating the Constitution with Budget Amendments

Published: 2024-11-22 | Translated from: isee.mn

During today's meeting of the Standing Committee on Legal Affairs of the State Great Khural of Mongolia, they began discussing the President's veto concerning the law on the state budget for 2025, along with other legislation submitted and related to it. Members asked questions and received answers before expressing their opinions. Member of Parliament P. Sainzorig said: "A political decision has been made to accept the President's veto. I do not see this as returning to the discussion process. Directions have been given to amend the budget that exceeds the law. If this continues, such directions could be applied to many laws that are discussed under special procedures. If so, there is no need to speak of the rule of law. The President has stated that this resolution violates the Constitution with his veto. The individuals who brought this resolution forward for discussion must be held accountable. After this veto, it is necessary to carefully consider the composition of the budget working group. The previous 25 should not participate in the work," he said.

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Ts. Davaasuren: We Will Ensure a Budget Without Deficit by Making Structural Changes

Published: 2024-11-22 | Translated from: itoim.mn

During today's meeting of the Standing Committee on Budget of the State Great Khural, the discussion began on the law regarding the state budget of Mongolia for 2025 and the presidential veto on laws related to it. Members are asking questions and receiving answers related to the budget issues being discussed. Member of Parliament N. Altankhuyag stated, "Even though many MPs are making suggestions, fake sweeteners are handed out, and then a resolution is issued violating the law to approve an unauthorized budget. This is not the fault of the State Great Khural but the work of several leaders. "I wish to use this correctly and do something right. I joined the working group to fix the budget, but the MPP group held a meeting and passed it without any changes. Now, does your party’s group have the willingness to change the budget? If not, your budget will be a mess again. I will not join the working group now. I will not be a plaything again. "If the budget is not corrected with the involvement of the government, the State Great Khural will be in trouble. Later it will be said that the State Great Khural was recklessly involved. There are enough opportunities to cut operational costs. For instance, 200 people preaching, under the name of district leaders, are hired just in the capital while violating the law. A total of 100 billion tugrik is budgeted for their salaries." Member of Parliament Ts. Davaasuren added, "Indeed, the budget is excessively increased. Therefore, it is right to cut the deficit based on the President's veto. We will not continue to approve a budget with a deficit. However, since the budget has already increased, cutting it is very difficult. I suggested getting B. Tuvshin to come back with a 306 billion tugrik cut, but I don't understand why a 3.6 trillion tugrik cut was suggested. In the working group, it turned into 32 billion and did not get cut down during the session. The State Great Khural cannot cut the budget. Even contractual rights worth 28 billion cannot be cut. "I have seen the suggestion to cut 3.6 trillion. Of this, 1.4 trillion is for salaries, pensions, and military bonuses. The expenditures of the power structures were increased by more than 400 billion this year. Moreover, regional development support, roads, and infrastructure account for 1.4 trillion. These two sums make up 3 trillion. Only 600 billion remains. Three meetings are what remain in this. Personally, I see restructuring as the only way to cut. Salaries have tripled since 2020, reaching 7 trillion. This means wasteful positions have been added."

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Mongolian President's Veto Supported by MPP and DP

Published: 2024-11-22 | Translated from: montsame.mn

Today, the Mongolian People's Party (MPP) and Democratic Party (DP) caucuses in the State Great Khural (Parliament) convened and decided to accept the President's veto on the 2025 budget in its entirety. Specifically, the MPP caucus held an extraordinary meeting and announced its decision to accept the Mongolian President's veto on the law regarding Mongolia's 2025 budget, as well as on related legislation that was submitted and drafted concurrently. Additionally, the DP caucus in the State Great Khural also convened an extraordinary meeting, where a majority supported the President's veto after discussions. Economic Policy Advisor to the President, B. Davaadalai, attended the DP caucus meeting to present the veto.

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The 2025 Budget Proposal for the Capital was Submitted

Published: 2024-11-22 | Translated from: gogo.mn

In accordance with the Law on the Budget of Mongolia, Deputy Governor of the Capital, T. Davaadalai, has submitted the 2025 budget proposal of the city to the chairman of the Capital City Council, A. Bayart. Along with the resolution for approving the 2025 budget of the capital, proposals to revise and approve the rates for vehicle and self-propelled machinery taxes, to revise and approve the road usage fees, and to revise and approve the unit tariff for landfill waste disposal at centralized landfills were also submitted. The 2025 budget proposal for the capital focuses on the following key directions and policies. These include: - Activating collaboration between public and private sectors to implement policies to expand the city's economy. - Upgrading ger districts into housing developments and reducing air and environmental pollution. - Increasing interconnection roads in Ulaanbaatar city, and implementing comprehensive reforms in public transportation to reduce traffic congestion. - Completing previously initiated investment projects to increase the reach of basic social services. - Continuing efforts to align regional development concepts with tax policies, simplify the tax environment for business owners, increase tax coverage, improve registration and monitoring, reduce the underground economy, and expand the tax base as part of government policy implementation for the coming year. The budget proposal is geared towards implementing five main policies outlined in the 2024-2028 action plan of the mayor and governor of Ulaanbaatar: regional development policy, human development policy, economic policy, green development policy, and governance policy. In this context, funding for major construction projects such as the "Metro" high-capacity public transport system, Tuul expressway, the development of a new Zuunmod city, and the Sélbé sub-center comprehensive residential complex are included alongside land acquisition costs. Additionally, plans include the implementation of a total of 164 projects and initiatives in urban engineering structures, roads, city public services, education, health, and green areas in Ulaanbaatar city.

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The Draft Budget for Ulaanbaatar for 2025 has been Submitted

Published: 2024-11-22 | Translated from: itoim.mn

In accordance with the Law on Budget of Mongolia, Deputy Mayor of the capital city T. Davaadalai submitted the draft budget for Ulaanbaatar for 2025 to the Chairman of the City Council, A. Bayart. Along with the draft resolution to approve the capital city’s budget for 2025, proposals were also submitted to amend the rates of the vehicle and self-propelled machinery taxes, to revise the payment rates for road usage, and to amend the unit tariff for waste burial at the central landfill site. The main directions and policies reflected in the draft budget for 2025 are as follows: - Encourage public-private partnerships and expand the city’s economy. - Develop the ger areas into residential zones and reduce air and environmental pollution. - Increase the connections of Ulaanbaatar’s roads and conduct comprehensive reforms in the public transportation sector to reduce traffic congestion. - Complete investment projects initiated in previous years and increase the availability of basic public services. In the coming year, within the framework of state policies, efforts are planned to align regional development concepts with tax policies, simplify the tax environment for businesses, increase tax compliance, improve registration and supervision, thus reducing the underground economy and broadening the tax base. The budget project is directed towards the five main policies outlined in the 2024-2028 action program of the Mayor of Ulaanbaatar and the Governor of the capital city: regional development policy, human development policy, economic policy, green development policy, and governance policy. In this context, major construction financing, including "Metro" mass public transport, Tuul Expressway, New Zuunmod city development, and Selbe sub-center housing complex, is included along with land acquisition costs. Additionally, implementation is planned for a total of 164 projects and activities related to Ulaanbaatar’s engineering facilities, roads, urban public services, education, health, and green infrastructure.

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All State Organizations to Honor the Constitution

Published: 2024-11-22 | Translated from: news.mn

The State Great Khural session approved the draft resolution "On Honoring the Constitution." The resolution draft refers to the preamble of the democratic new Constitution approved on January 13, 1992, which declares: "We, the people of Mongolia, pledging to strengthen the independence and sovereignty of our nation, to cherish human rights and freedoms, justice, and national unity, to inherit the traditions of statehood, history, and culture, to respect the achievements of human civilization, and to develop a humane, civil, and democratic society in our homeland, solemnly proclaiming the Constitution of Mongolia." This proclamation aims to disseminate and uphold the principles of the Constitution as its foundation. Every citizen of Mongolia is urged to honor the Constitution, understand its content and ideology, and to elevate it within every household, while explaining and imparting the concepts of constitutional ideology, national independence, sovereignty, human rights, and freedoms. They are encouraged to ensure that all organizations and citizen activities fully comply with the Constitution, and to fulfill the objectives of the proclamation, "Learn and Abide!" The draft is developed in this context. The draft resolution of the State Great Khural mandates state organizations and diplomatic missions abroad to honor the Constitution, incorporating the principles of the Constitution, national independence, sovereignty, human rights, and freedoms into all levels of educational curricula, disseminating, explaining, and imparting them. It instructs the Government of Mongolia and relevant other state organizations to undertake these tasks. It also includes directives for every Mongolian citizen to study and know the Constitution, for every household to elevate the Constitution, and for media organizations to disseminate and popularize the understanding of constitutional principles, national sovereignty, and human rights and freedoms through media. The resolution outlines the following regulations: State organizations and diplomatic missions abroad of Mongolia must honor the Constitution and incorporate the principles of the Constitution, national independence, sovereignty, human rights, and freedoms into the curricula at all levels of education, disseminating, explaining, and imparting them under the direction of the Government and other related state bodies. Every citizen is encouraged to study and know the Constitution, elevate it in every household, and to disseminate, explain, and popularize the understanding of constitutional principles, national sovereignty, human rights, and freedoms, calling on media organizations to promote these ideals. The Secretary-General of the State Great Khural is tasked with providing professional and methodological support for the implementation of the resolution. The resolution is set to be enacted starting from November 26, 2024.

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G.Zandanshatar: If the President's Demands Are Not Met, Another Veto on the Budget Cannot Be Ruled Out

Published: 2024-11-22 | Translated from: itoim.mn

At today's meeting of the Legal Standing Committee of the State Great Khural (parliament) of Mongolia, it was considered reasonable to discuss and accept the veto imposed by the President of Mongolia on the law regarding the 2025 budget and related legislation. G. Zandanshatar, head of the Presidential Administration, answered questions from the members. He stated that if the State Great Khural does not meet the President's demands and passes a budget without a deficit, it is possible that another veto could be imposed. He said, "In the first point of the President's veto, a clear requirement to pass a budget without a deficit was stated. There is a precedent in 2018 where the State Great Khural passed a budget without a deficit. In light of the current uncertainties affecting budget accumulation, current expenses, and exchange rates, it was considered necessary to pass a budget without a deficit. The Law on Fiscal Stability stipulates that the budget should not expand in response to increasing raw material prices and should follow counter-cyclical policies. However, this provision has been nullified, leading to an excessive expansion of the budget. Any veto aims to correct both inadvertent and deliberate errors in the legislative process. This veto has eased the budget passing process in the aimag (province). If the veto is accepted, the relevant standing committee can initiate and implement related legislation. "If the President's demands are not met, the possibility of imposing another veto cannot be ruled out," he said.

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D. Tsogtbaatar: If We Accept the Veto, It Leads to the Possibility of the Parliament Discussing the Entire Budget Without Government Involvement

Published: 2024-11-22 | Translated from: itoim.mn

At today’s meeting of the Parliament’s Standing Committee on Legal Affairs, the veto imposed by the President of Mongolia on the 2025 budget law was discussed. This veto was submitted alongside other laws and resolutions. During the discussion, Members of Parliament (MPs) posed questions and received answers. MP B. Enkhbayar remarked that the President's veto stated that two provisions violated the Constitution. The Standing Committee on Legal Affairs needs to reach a conclusion on this matter. Although the budget law had not yet been enforced, an amendment resolution was passed, violating the principle of the supremacy of law by the Parliament. The budget was rushed through without any changes. The budget has significant legal and political consequences. The government’s policy is failing, raising questions about the assessments being given by both the government and the Parliament. MPs are not at fault here. The government made a political decision that led them to approve the budget. It has been 14 days since the budget was approved, and the Office of the Parliament has not provided the protocol during this time. A few leaders discussed and decided to amend the budget, and out of desperation, they express their concerns on social media. MP P. Sainzorig noted that in the past, the head of state imposed vetoes on the budget nine times. This veto provides an opportunity to discuss the issue. Have MPs adequately reviewed the budget? The working group removed about 20 out of 52 suggestions based on a single individual's opinion. The remaining suggestions were removed by MPs themselves. Due to the inadequate work of the working group, they find themselves in this predicament. MPs in the working group cannot engage in political activities from the second reading. It is hoped that accepting the veto will not lead to catering to the narrow interests of small districts, as creating 126 ministers could result in inefficiency and unnecessary inclusions. The Office of the Parliament should clearly outline the stages of the budget veto discussion. Chairman of the Standing Committee on Legal Affairs, D. Tsogtbaatar, stated that if the veto is accepted, it will initiate a process that has never occurred before, as no such accepted veto has existed previously. Therefore, the provisions in Article 90 have not needed to be applied before. According to Article 36 of the Law on Parliament, only the Government can submit the budget. However, if the entire budget is halted without government involvement and Parliament discusses it, problems may arise. MPs decide whether or not to discuss the submitted laws. The law mandates that the budget should only be submitted by the Government and passed by the Parliament. Since the budget is a special law, it typically goes directly to discussion. The question arises whether this ordinary provision will apply to a special law, and there is no clear answer. Accepting the veto could set the stage for Parliament to discuss the entire budget without government involvement. Head of the State Great Khural Office, G. Zandanshatar, added that they are not initiating a new budget but are returning it to the third or fourth reading. Therefore, according to Articles 90.8 and 90.9 of the Law on Parliamentary Procedures, the Government must provide its opinion on all provisions of the Budget Law. This presents an opportunity to proceed with the discussion.

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P. Sainzorig: Those Responsible for Proposing and Discussing Budget Revisions Should be Held Accountable

Published: 2024-11-22 | Translated from: itoim.mn

During today’s meeting of the Standing Committee on Legal Affairs of the State Great Khural, discussions began on the President of Mongolia's veto concerning legislation related to the country’s 2025 budget. Following questions and answers related to the matters at hand, members of the committee shared their opinions. Member of Parliament (MP) P. Sainzorig expressed the opinion that those who proposed resolutions to make amendments to the budget should be held accountable if the president’s veto is accepted. He stated, “A political decision has been made to accept the president’s veto. I do not see this as pulling back from discussion. A direction was given to revise the budget exceeding the law. If such a course is followed, we could potentially give similar directions on many laws discussed under a special procedure in the future. If so, there is no point in talking about rule of law. The president pointed out through his veto that this resolution violates the Constitution. Those who brought and discussed this resolution should be held responsible. After this veto, the composition of the budget working group needs careful consideration. The group of 25 should not be allowed to participate,” he added. MP B. Enkhbayar acknowledged that there needs to be changes to the procedures for discussing the budget if the veto is accepted. He mentioned that if the conditions of the president’s veto are not met, another veto on the budget cannot be ruled out, as stated by the head of the president's administration. Therefore, the parliament and the government need to remember not to turn a deaf ear to the point of violating the Constitution. MPs had noted that adopting a resolution stating that amendments should be made after the budget is passed contradicts the Constitution. There was an opportunity to avoid legal errors. The third reading of the budget was completed by the budget standing committee, and the parliament had not yet held its meeting. There was a possibility of returning for the standing committee to conduct the third and fourth readings again. When the state leader expresses it, the obstruction is removed. Even when MPs in parliament express and demand, it remains unheard. If it becomes too exaggerated, the place to give warnings and hold accountable is the parliament. After members spoke, a vote was conducted, and over 90 percent of the members agreed to accept the President’s veto concerning the 2025 budget bill and the related legislation submitted alongside it.

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Economy

Published: 2024-11-22 | Translated from: unuudur.mn

The government issued resolution number 137, granting the Mineral Resources and Petroleum Authority (MRPA) the right to enter into a production sharing agreement with "Mongolia Fusion Energy" LLC for the Khurleentokhoi XXVIII oil exploration block in accordance with relevant laws and regulations. Consequently, MRPA Director L. Bayarmandal and "Mongolia Fusion Energy" company’s CEO Men Zi Li signed and validated the production sharing agreement yesterday. Our country is constructing an oil refinery in Altanshiree soum of Dornogovi province with the aim of satisfying domestic oil needs from local sources. This refinery is expected to be operational by 2027. The MRPA management emphasized the pivotal role of exploration at the Khurleentokhoi XXVIII block by the aforementioned company in supplying crude oil to and augmenting the resources for this refinery. Currently, 14 companies with production sharing agreements are operating in 18 oil fields in our country. Notably, this is the first agreement in eight years that the government has signed for a new oil exploration block. The company plans to invest $49.7 million in collecting geological data, conducting magnetic and gravitational surveys, carrying out two-dimensional and three-dimensional seismic surveys, drilling exploratory wells, and preparing resource reports. Additionally, $575,000 is allocated for environmental protection and rehabilitation efforts. Regarding "Mongolia Fusion Energy," online sources describe it as a "foreign-invested mining company established in 2023." The shareholder and owner is registered as Chinese citizen Men Zi Li. Meanwhile, the MRPA reported that the investor behind "Mongolia Fusion Energy" is "Beijing Fuai Investment" LLC, which has been working in the field of oil exploration and exploitation since 2007.

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The Exchange Rate of the U.S. Dollar Has Been Rising Continuously for the Last 45 Days

Published: 2024-11-22 | Translated from: isee.mn

As of today, the exchange rate of the U.S. dollar against the Mongolian tugrik has reached 3415 tugrik, continuing to rise steadily for the last 45 days. In other words, on October 1, 2024, the exchange rate was 3381 tugrik, and it has been rising continuously since the local elections. Economists explain this as being linked to an increase in imports, as the rate began to climb since last month after being stable from late March to October of this year.

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The Exchange Rate of the Dollar Increased by 10 MNT Again

Published: 2024-11-22 | Translated from: news.mn

The exchange rate of the US dollar against the Mongolian tugrik increased by 35 MNT within a fortnight a month ago, with the selling rate reaching 3425 MNT. Currently, the cash buying rate for the US dollar is 3408 MNT, while the selling rate is 3434 MNT. The non-cash buying rate is 3408 MNT, and the selling rate is 3417 MNT. Last year, the US dollar's exchange rate was relatively stable. According to data from commercial banks, the US dollar was around 3460 MNT in October 2023. Since then, it steadily decreased and fluctuated between 3390-3400 MNT in March 2024. From the end of March 2024 until October, it remained stable before starting to rise again in mid-October. Economists believe that the increased import of automobiles is affecting the rise in the dollar. Additionally, they note that the dollar tends to rise before the New Year due to increased purchases. Meanwhile, the yuan is traded at an exchange rate of 473 MNT, the yen at 22.31 MNT, and the won at 2.48 MNT. Economists expect that the dollar exchange rate will remain stable in the future.

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The Mongolia Sustainable Finance Forum 2024 to Be Held Under the Auspices of the President

Published: 2024-11-22 | Translated from: montsame.mn

The "Mongolia Sustainable Finance Forum 2024," to be organized under the auspices of the President of Mongolia, is set to take place in Ulaanbaatar from November 27 to 29. At the forum, policy makers, regulatory bodies, private sector representatives, and civil society leaders from various sectors pioneering green development will gather to openly discuss their work, its outcomes, and the challenges they face, determine future steps, and strengthen the cooperation of all parties. On November 28, the main discussion at the State Palace will specifically address the green transition in the agricultural sector, the financing of energy-efficient residential housing, and opportunities to increase green finance flows. In addition to the main forum, trainings will be organized on November 27 and 29 for banking and finance professionals and small and medium-sized manufacturers to learn from international experiences and deepen their knowledge. These will cover topics such as impact investment, biodiversity financing, and climate reporting, which are distinctive. Organized for the third year, the forum is supported by the Office of the President, the Mongolian Sustainable Finance Association (ToS Association), Khaan Bank, the UN in Mongolia, and international partner organizations.

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Own Commercial Space with 100% Loan Terms without Advance Payment Now Available

Published: 2024-11-22 | Translated from: ikon.mn

The "Go to Market" shopping center, located 1.5 km north of Sukhbaatar Square, aims to serve a market of 178,000 households and will successfully open in May 2024. It is bringing together over 400 entrepreneurs and defining the trend of a NEW, MODERN shopping center. Since its opening, this shopping and service center in UB city has consistently attracted 7,000 customers daily, making it the only center of its kind. A special "Lucky 30 Deal" sales program has been announced for only 30 business entrepreneurs to purchase space in this center. 1. 7,000 CUSTOMERS DAILY
The success of the shopping center is measured by the number of daily visitors. Go to Market consistently measures its customer flow every day with foot counter devices. Since the grand opening, it has successfully averaged 7,037 visitors each day. 2. THE ONLY GROWING LOCATION
The main customers of the shopping and service center are the nearby households and residents within 750 meters, contributing to the daily visitors. The 7th micro-district of Sukhbaatar district, where "Go to Market" is situated, is the only new residential area close to the city center that is developing. 3. 90% SPACE OCCUPANCY
In just 5 months since opening, the center has achieved 90% space occupancy, breaking traditional shopping patterns and introducing a concept of NEW GENERATION, COMFORTABLE shopping environments. 4. ONLY 30 ENTREPRENEURS CAN PURCHASE WITH NO DOWN PAYMENT
Go to Market will host an open house event with Khan Bank for trading business entrepreneurs. Entrepreneurs can apply for loans directly assessed by bankers and acquire business space under conditions up to 100%. You are invited to the Khan Bank open house event. For more information, contact the Go to Market sales department:
Phone: 7704-4444
FB: www.facebook.com/gotomarket.mongolia
Please note that when using our information in any format or portion, media organizations (TV, Radio, Social, and Web pages) must cite the source (ikon.mn).

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What will happen if 1,072 shares start trading on the Mongolian Stock Exchange?

Published: 2024-11-22 | Translated from: ikon.mn

10 minutes ago iKon.mn journalist N. Erkhbayar reported on recent developments in the local news. In a significant turn of events, various stakeholders have come together to address pressing issues affecting the community. Leaders from different sectors have highlighted the importance of collaboration and proactive measures to foster positive change. Key points discussed included: - The need for increased funding for local programs. - Strategies to improve communication among residents and officials. - Plans to enhance community engagement through upcoming events. The commitment shown by all parties involved is a promising indication of the community's ability to overcome challenges and thrive together.

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Kapitron Bank Successfully Secures Long-term Financing of 10 Million USD

Published: 2024-11-22 | Translated from: itoim.mn

Kapitron Bank has successfully secured long-term financing amounting to 10 million USD, equivalent to over 34 billion MNT, from Frontera Capital Group Limited, an investment management company based in Dubai, UAE. This source of funds marks the second financial backing from Frontera Capital Group Limited, following their previous financing of over 32 billion MNT in 2021. We have consistently collaborated with various international banks, financial organizations, investment management companies, and investment funds, establishing long-term partnerships to ensure that our operations align with international standards and to enhance the accessibility and needs-based nature of our products and services for our clients. About Frontera Capital Group Limited Frontera Capital Group Limited is an investment management company headquartered in Dubai, UAE. Established in 2016, the company provides investment and advisory services to emerging and frontier markets. Since 2021, Kapitron Bank has been cooperating with Frontera Capital Group Limited, further expanding the scope of our collaboration. Throughout this period, we have supported our import-export business clients by facilitating foreign trade finance through letters of credit and guarantees. We represent our clients to exporters, banks, and financial institutions in countries such as China, India, Russia, Spain, Italy, Turkey, Vietnam, the Netherlands, and Finland. Contributing to the century-long history of Mongolia's banking sector with 23 years of experience, Kapitron Bank is a national investment bank that reliably and promptly delivers comprehensive banking and financial services to all its clients and partners through our 40 branches in the capital Ulaanbaatar and six major provinces, staffed by over 600 skilled and qualified personnel. Towards a Smart Future – Kapitron Bank

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Kapitron Bank Successfully Secures $10 Million in Long-Term Financing

Published: 2024-11-22 | Translated from: itoim.mn

Kapitron Bank has successfully secured $10 million, equivalent to over 34 billion tugriks, in long-term financing from Frontera Capital Group Limited, an investment management company based in Dubai, UAE. This is the second time that Frontera Capital Group Limited has provided financing, having previously contributed over 32 billion tugriks in 2021. In order to enhance financial accessibility and meet the needs of our customers with relevant products and services, increase the types of banking resources, and ensure operational stability according to international standards, we have consistently collaborated with international banks, financial institutions, investment management companies, and investment funds by establishing long-term partnership relationships. About Frontera Capital Group Limited: Frontera Capital Group Limited, established in 2016, is a financial services company providing investment and advisory services in emerging and frontier markets. Kapitron Bank has been working with Frontera Capital Group Limited since 2021 and has expanded the scope of its cooperation. In the past, we have supported our import-export business clients and financed foreign trade by providing letters of credit and guarantees to exporters and banks in countries such as China, India, Russia, Spain, Italy, Turkey, Vietnam, the Netherlands, and Finland, on behalf of our clients. Kapitron Bank, contributing to the 100-year history of the Mongolian banking sector with its 23 years of experience, delivers comprehensive, reliable, and prompt banking services to all its clients and partners through national investment. With over 600 skilled employees working across 40 branches in the capital city Ulaanbaatar and six major provinces, it provides a range of banking and financial services. Towards an intelligent future – Kapitron Bank.

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Development Bank Participates in Asian Exim Banks Forum

Published: 2024-11-22 | Translated from: news.mn

The 29th Asian Exim Banks Forum concluded in Shanghai. This year's forum was organized under the theme "Regional Cooperation, Global Economic Integration." Over 60 representatives from 11 Asian countries' export credit agencies and Exim banks, including Mongolia, China, India, Japan, and South Korea, participated in the forum to exchange experiences and discuss potential areas for future collaboration. The discussions focused on developing regional cooperation in economics, trade, finance, and industrial networks. Mongolia's foreign trade is valued at 25 billion USD, with 5 billion USD, or 20%, involving trade with countries that are members of the Asian Exim Banks Association. The member countries' imports have doubled in the last three years and are projected to reach 10 billion USD in four years. B. Amgalan, the First Deputy Director of Mongolia's Development Bank, emphasized the importance of the bank's role in diversifying Mongolia's economy and fostering integration with the Asian economy, particularly as a key partner organization for the AEB forum's member countries in Mongolia. He highlighted the significance of supporting regional business and investment. He also expressed that within the framework of the New Revival Policy, 35 billion USD of investment is needed in economic and social sectors. The bank intends to contribute to supporting projects and programs related to these areas and to expanding cooperation among AEB forum member countries. The AEB forum was established in 1996 and now serves as a major platform for sharing the experiences of Exim banks from member countries, which collectively account for half of the global economy and promote mutual development.

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"Central Region Development Forum" to be held in Darkhan-Uul Province

Published: 2024-11-22 | Translated from: isee.mn

The Government of Mongolia has declared 2024 as the "Year of Regional Development Promotion," and with Resolution No. 64 of 2024 from the State Great Khural, the "Regional Development Concept of Mongolia" was approved. Additionally, in the "Courage for Accelerated Development" collaborative government agreement and the first chapter of the Government of Mongolia's 2024-2028 action plan, the implementation of "Regional Development Policy" is included. Furthermore, the National Council for Regional Development's 2024 action plan has decided to organize a "Regional Development Consultative Meeting." As part of efforts to accelerate the implementation of these policy documents, the "Central Region Development Forum" is scheduled to take place on November 28, 2024, in Darkhan-Uul Province. The event will be attended by about 500 representatives, including governors of all levels from Darkhan-Uul, Selenge, and Tuv provinces, relevant government organizations, international organizations, scientists, public and private sectors, and the general public. The forum will feature sectoral meetings on "Regional Development," "Business Development," and "Local Development," as well as the organization of an international forum on "Resilient Cities."

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Capitron Bank Successfully Raises $10 Million Long-Term Funding

Published: 2024-11-22 | Translated from: ikon.mn

Capitron Bank has successfully raised long-term financing of $10 million, equivalent to over 34 billion MNT, from Frontera Capital Group Limited, an investment management company based in Dubai, UAE. This is the second time the fund has been sourced from Frontera Capital Group Limited, following the first funding of more than 32 billion in 2021. In order to increase the types of products and services that meet the financial accessibility and needs of our customers, and to ensure operational stability in accordance with international standards, we have been continuously partnering with international banks, financial institutions, investment management companies, and investment funds, establishing long-term partnerships. About Frontera Capital Group Limited: Located in Dubai, UAE, Frontera Capital Group Limited is an investment management company founded in 2016 that provides financial services including investments and consulting services in developing and emerging markets. Capitron Bank has been collaborating with Frontera Capital Group Limited since 2021 and has now expanded the scope of this cooperation. In the past, we have issued letters of credit and guarantees on behalf of our clients to exporters and financial institutions in countries like China, India, Russia, Spain, Italy, Turkey, Vietnam, the Netherlands, and Finland, supporting import and export businesses and financing foreign trade. As a national investment bank contributing to the 23-year history of Mongolia’s banking sector and the 100-year history of the country, Capitron Bank provides comprehensive financial services to customers and partners through its 40 branches, six of which are in six major provinces, with over 600 skilled and professional employees. Towards an Intelligent Future - Capitron Bank Notice: Media outlets (Television, Radio, Social Media, and Web pages) must cite their source (ikon.mn) when using our information wholly or partially.

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"Erdenes Oyu Tolgoi" LLC Announces Open Recruitment

Published: 2024-11-22 | Translated from: news.mn

"Erdenes Oyu Tolgoi" LLC has announced an open recruitment for the following job positions. Specifically:

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Diplomacy

Canadian Foreign Affairs Ministry's Trade Commissioner for the Indo-Pacific Region Received

Published: 2024-11-22 | Translated from: montsame.mn

The State Secretary of the Ministry of Foreign Affairs, L. Munkhtushig, received Paul Toppil, the Trade Commissioner responsible for the Indo-Pacific region at the Canadian Department of Foreign Affairs, on November 21 at the Ministry of Foreign Affairs. During the meeting, State Secretary L. Munkhtushig noted that in 2023, the parties jointly celebrated the 50th anniversary of the establishment of diplomatic relations between Mongolia and Canada. He expressed his satisfaction that during this landmark year, the relationship between Mongolia and Canada has advanced to a Comprehensive Partnership. He also emphasized that Mongolia regards Canada as an important "third neighbor." While mining cooperation has predominated in their relations, the significance of expanding and developing cooperation in trade, investment, humanitarian, and people-to-people exchanges under the Comprehensive Partnership framework was stressed. P. Toppil, the Trade Commissioner for the Indo-Pacific region, highlighted that within the framework of Canada's "Indo-Pacific Strategy," Canada aims to expand relations and cooperation with Mongolia across all sectors. The parties discussed making mining cooperation more sustainable and green, as well as enriching their relations with new content, such as cooperation in environmental protection, cyber security, and the energy sector, and exchanged views on opportunities and possibilities, the Ministry of Foreign Affairs reported.

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Our Country is Participating in China's International Tourism Exhibition

Published: 2024-11-22 | Translated from: unuudur.mn

The largest and most professional tourism event in Asia, the China International Tourism Exhibition, is starting today in Shanghai and will continue for three days. In this exhibition, representatives from 31 provinces, autonomous regions, municipalities directly under the central government, and organizations from sectors such as culture, tourism, air transport, and hospitality from our southern neighbor are participating. Additionally, representatives from 100 countries around the world, including Mongolia, are showcasing their products and services. Representing our country, the Ministry of Culture, Sports, and Tourism, the Youth Ministry, representatives from the Tourism Professional Association, and member organizations of the China Market Sector Association are participating in the exhibition. They are occupying an area of 54 square meters, promoting their products and services to international tourists, businesspeople, and investors. They are also introducing policies and projects that Mongolia is implementing to support tourism development.

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Infrastructure

Direct Flight from Ulaanbaatar to Ho Chi Minh to Begin in December

Published: 2024-11-22 | Translated from: gogo.mn

The 19th meeting of the Mongolia-Vietnam Intergovernmental Commission on Trade, Economic, Scientific, and Technical Cooperation was co-chaired by J. Enkhbayar, Minister of Food, Agriculture, and Light Industry of Mongolia and head of the Mongolian delegation, and Le Minh Hoan, Minister of Agriculture and Rural Development of the Socialist Republic of Vietnam and head of the Vietnamese delegation. During the meeting, it was noted that the agreement for mutual visa exemption established in 2023 has created favorable conditions for increasing the flow of citizens traveling between the two countries. Within this framework, the launching of direct and regular flights from Ulaanbaatar to Ho Chi Minh in December of this year is significant for increasing exchanges between the citizens of the two nations and accelerating cooperation between businesses and enterprises.

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The Border Crossing Points at Gashuunsukhait, Khangi, Bichigt, and Artsuur Will Close on the National Day

Published: 2024-11-22 | Translated from: ikon.mn

The National Day will fall on Tuesday next week. On this day, Chinggis Khaan International Airport, the Altanbulag road border crossing, and the railway and road border crossings at Sukhbaatar and Ereentsav, as well as the railway border crossings at Bulgan and Zamyn-Uud, will operate according to their normal schedules. However, the border crossings at Tsagaannuur, Khaan, Uliankhan, Artsuur, Borshoo, Tes, Zamyn-Uud (road crossing), Khavirga, Khangi, Gashuunsukhait, Shiveekhuren, Burgastai, Bichigt, Sumber, and Bayankhoshuu will be closed on that day. Warning: Media organizations (Television, Radio, Social Media, and Websites) must credit our source (ikon.mn) when using our information in any form or in parts.

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Construction Permits Not Issued to Incompetent Organizations

Published: 2024-11-22 | Translated from: news.mn

There are rumors suggesting that to obtain a construction permit, one must pay a customary bribe. However, this has consistently been denied by organizations and officials responsible for issuing permits. Their sole explanation for such denials is that "no person works behind the permit issuance process; it operates through a system or electronic registration." In other words, applications for permits are submitted and received electronically. Since 2011, non-governmental organizations have been responsible for granting special permits instead of state ministries and agencies. This change is seen as advantageous as it reduces the burden on state organizations and keeps the process free from corruption. While there is some truth to this notion, being Mongolian, it is conceivable that people continue to use "connections" and "personal networks" to navigate the system. For example, there have been numerous complaints to relevant authorities where companies with identical conditions apply for permits—with one getting approved while the other does not, or where one company receives its permit in 2-3 hours while another waits 2-3 months. Supposedly, to issue a special permit, criteria such as the number of technical engineering staff and the company's competence are required. However, when companies without engineering staff pursue such permits, the problem stems from the companies themselves, as explained by the Mongolian Construction National Association. On the other hand, building companies argue that it is wrong to require engineers, who are among today's rarest professions, to belong exclusively to one company—especially since there are no rules specifying this. In any case, the construction sector has arranged a meeting on the 28th of this month to openly discuss these issues and find a solution to obtain permits that is free of bureaucratic hassle and corruption. The discussion is open to anyone interested in information related to special permits or wanting to present their suggestions. The meeting will be held at the Holiday Inn Hotel.

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Public Holidays Affecting Border Crossings

Published: 2024-11-22 | Translated from: isee.mn

The day when the First Constitution was adopted occurs next Tuesday. On this day, Chinggis Khaan International Airport, Altanbulag Road Port, and the Sukhbaatar and Ereentsav railway and road checkpoints, as well as the railway port at Bulgan and Zamiin-Uud, will operate according to their regular schedules. However, the Tsagaannuur, Khankh, Ulkhan, Arts Suuri, Borshoo, Tes, Zamiin-Uud, Khavirga, Khangi, Gashuusukhait, Shiveehuren, Burgastai, Bichigt, Sumber, and Bayankhoshuu ports will be closed on this day.

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Society

Mongolian Millennium Challenge Account: Open Job Announcement

Published: 2024-11-22 | Translated from: ikon.mn

MONGOLIAN MILLENNIUM CHALLENGE ACCOUNT (MCAA) OPEN JOB ANNOUNCEMENT Application deadline: December 3, 2024, at 17:30 WATER SECTOR SUSTAINABILITY PROJECT SPECIALIST The MCAA has announced an open job position for a Water Sector Sustainability Project Specialist. The position involves closely collaborating with other project specialists to support activities related to ensuring the long-term sustainability of water supply. This includes supporting policies, regulations, and institutional reforms in the water sector to ensure coordination and conclusion of activities, and assisting the Project Director of the Water Sector Sustainability Project. Primary Responsibilities: - Participate in the development and implementation of wide-ranging technical assistance and capacity-building activities necessary for implementing policies, regulations, and institutional reforms within relevant water sector organizations to ensure long-term sustainability of water supply. - Work closely with other project team members to implement critical sustainability initiatives, including improving financial and operational capacity of water use organizations, implementing water use cooperation programs, monitoring industrial pollution prevention, and changing public awareness and practices regarding the value of water resources and the cost of water services. - Support the entire process of project planning, implementation, and closure, especially by helping the project director develop and implement the project's closure plan, analyzing implementation data, and preparing reports. - Monitor the project's progress and performance, review the work deliverables by consultants and contractors, identify potential issues and risks, and support the project director in mitigating these risks to ensure effective project management. - Maintain close coordination with consultants, contractors, implementing agencies, and other stakeholders. - Collaborate with the procurement team to organize procurement activities in compliance with MCAA rules and regulations, support budget monitoring, and contract management. - Develop and implement strategies for collaboration with the private sector and donor organizations to expand the scope and benefits of programs implemented under the Compact Agreement. Qualifications: Education: - Master's degree in water supply, sanitation operation and services, water resources, environmental management, engineering, or relevant fields related to public/state policy. Work Experience: - At least five (5) years of experience in implementing domestic and international projects and programs. - Relevant skills and experience in detailed project planning, implementation, procurement, contract management, risk management, monitoring and evaluation, and project closure. - Experience and skills in public engagement and communication using media and social networks to support activities aimed at improving public understanding of the value and real cost of water services. - Experience in projects aimed at improving water supply, use, services, and water/public utility policies, regulations, and utility management operations are advantageous. - Experience in effectively communicating with a wide range of stakeholders involved in projects, including governmental, non-governmental, and international organizations. Language Skills: - Proficient in written and spoken Mongolian and English (ILR Level 3 or higher in English). - Ability to draft and review official communications, project/tender documents, etc., in English and Mongolian, including memorandums, official letters, reports, analyses, task orders, technical requirements/specifications, contracts, and other necessary documents. Key Skills for the Position: - Highly organized and results-oriented, with the ability to develop and implement strategies, goals, and work plans under the Compact Agreement. - Ability to establish strong, collaborative partnerships and work closely with other team members and relevant stakeholders. - Ability to anticipate potential challenges and propose effective solutions. - Ability to conduct discussions in Mongolian and English on specialized topics. - Proficient in Microsoft Office and relevant professional software applications associated with the position. - Quick to understand current issues and make information-based decisions. - Capable of handling workload, organizing, and planning work effectively. - Ability to analyze and synthesize necessary information and data to make decisions for oneself and others. CONTACT INFORMATION: Please send your CV in English, a "Cover Letter," copies of your diplomas, and any other materials you deem necessary to hr@mca-mongolia.gov.mn (SPECIFY THE JOB TITLE). No fees or payments are required at any stage of the selection process (application, interviews, report writing, training attendance) with the MCAA or its representatives. Information about the selection process can be obtained by calling 7711-1710 during office hours. Only candidates who qualify for the initial selection phase will be contacted. Notice: Media organizations (Television, Radio, Social Networks, and Websites) must mention the source (ikon.mn) when using our information in whole or in part.

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IFPIM Mongolian Program: A New Step in Developing Independent Journalism

Published: 2024-11-22 | Translated from: itoim.mn

The "International Fund for Public Interest Media Support" and "Center for Journalistic Innovation and Development" NGO organized the "IFPIM Mongolia" program, where participating media organizations shared their achievements. Over a three-year period, this program provides professional and methodological advice to media organizations and the necessary funding to overcome obstacles in working for the public interest. The "IFPIM Mongolia 2023" program selected media organizations such as NTV television, Zuunii Mede daily newspaper, iToim.mn, Ub.life.mn, Gragh.mn, and Lemonpress.mn. These organizations began implementing their programs at the end of 2023. The participating media organizations have identified their goals and objectives for three years and developed a strategic plan to achieve them. Their common goal is to improve the quality and accessibility of content for the public interest. After one year of implementation, these organizations shared their experiences of changes, innovations, challenges, and successes. B. Dulamkhorloo, a founder of the Center for Journalistic Innovation and Development and a partner in the "IFPIM Mongolia" program, noted that there has been a significant change in understanding media organizations. Previously, media was seen as separate from business, mixing journalism and money appeared wrong. However, it's now recognized that media organizations operate as businesses with costs and employees. Media work should be practiced transparently and ethically. For example, it's beneficial to produce content addressing real social problems like traffic congestion for people living in Ulaanbaatar or working mothers with young children. We cannot externally define editorial policies of media organizations. This program is solely to support content for the public interest, but not all of Mongolia's population is taken into account. A select group with specific needs is considered as the public. UB Life: We convey information to young people through personalized content. J. Tegshjargal, CEO of Gereg & Ublife LLC, shared that UB Life had been part of the international program supporting public interest media organizations for one year. The program's preparation itself took about a year, so they've been involved for two years. During the program's first year, UB Life saw notable progress despite facing several challenges. Young people, traditionally not inclined to read newspapers, shifted away from websites too, favoring platforms like YouTube, Instagram, and TikTok for information. Hence, UB Life adapted by preparing content for these platforms, undertaking targeted planning and obtaining significant results. For the first time, UB Life launched a TikTok section, with excellent outcomes. The "What music are you listening to?" content is particularly popular among UB Life's audience. They have also been experimenting with delivering important national issues through youth-preferred platforms with favorable results. Internal operations have seen considerable changes, adopting structured employment categorizations and staff surveys. While not everything has gone as intended in the first year, there have been definite changes. With two more years remaining in the program, UB Life is optimistic about further transformative developments. iToim.mn: Participation in the IFPIM Mongolia program has improved our daily planning and increased public interest content. E. Munkhtsetseg, Chief Editor of iToim.mn, explained their program involves plans to provide additional incentives to journalists beyond base salaries, and to focus on personal development. Participation has clarified operations, improving the quantity and quality of public interest content. Strategic plans with clear metrics guide daily activities, and outcomes are measured. This includes tracking content reach and its positive or negative impact regularly. The goal is to increase and serve public interest content, converting direct access readers into subscribers, gathering feedback, and implementing it in operations. They aim to diversify financial sources, partially funded by registered users. Moreover, better utilization of data from tools like Google Analytics is pursued. Their analytical journalism focuses on explaining the background of events rather than merely reporting them, providing professional insights to the public. iToim aims to stabilize its human resources and retain personnel, introducing KPI evaluation systems for this purpose. If successful, their experience would be shared broadly. Zuunii Medee: We work from an equal basis. D. Oyunchimeg, Editor of Zuunii Medee newspaper, shared their selection by the IFPIM program after three stages from four hundred organizations. The project focuses on transitioning from traditional paper to digital formats. Clearly defined objectives have yielded positive progress. Program participation notably changed the internal conditions and attitudes towards work, aiming for productivity and professionalism across ages. Recent investigative series have shown good results. Acceptance of international standards, marked by receiving the JTI trust certificate, further enhances productivity and operations. NTV Television: We strive to be balanced and professional. A. Bayarbat, CEO of Media Group LLC, noted that NTV's involvement defined long-term strategic visions and sustainable operations. Emphasis is placed on quantifying business activities and being adaptable to change. Graph.mn: Stabilizing finances with public donations and developing independent journalism. Editor-in-Chief N. Saruuldol of Graph.mn reported doubled staff stability and a 43% increase in revenue compared to the previous year. Program involvement allowed expansion in partnerships and significant increases in public interest content output. A goal is to raise 40,000 donations, facilitated by QR codes on the site, boosting independent operations. Transparency in spending these donations supports trust. Young people are targeted with relatable language and distinct style, which is Graph.mn’s focus. Lemon Press: Committed to preparing accurate, fact-based information. C. Ankhbayar, CEO of Lemon Press, highlighted identifying a three-year strategic direction through the program as a major progress point. Ensuring practical, data-based truth is their primary focus. The "IFPIM Mongolia" program's next phase, more broadly encompassing rural and urban media selection, is in preparation. Initially focused on Ulaanbaatar, the subsequent round aims for wider coverage.

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Environment

Identifying Coal Seam Methane Reserves Could Allow Transition Away from Coal

Published: 2024-11-22 | Translated from: gogo.mn

According to Resolution No. 135 passed by the Government of Mongolia, "U.G.S." LLC was granted the right to sign a Product Sharing Agreement with the Mineral Resources and Petroleum Authority for the coal seam methane exploration field at Töv XXXVI. In line with this resolution, the Director of the Mineral Resources and Petroleum Authority, L. Bayarmandal, and the Executive Director of "U.G.S." Company, Mehmet Ridvan Karpuz, signed the agreement today. In his remarks at the ceremony, Director L. Bayarmandal emphasized that the proximity of the Töv XXXVI area to the city holds great promise for determining and extracting coal seam methane reserves, which could play a crucial role in transitioning away from raw coal, utilizing environmentally clean fuel, and reducing urban air pollution. He noted that the agency has continuously supported and collaborated with businesses in this sector to promote sustainable environmental development and regional and national interests. He also expressed his satisfaction that the memorandum signed with "U.G.S." Company has progressed to the Product Sharing Agreement stage during this period when the Government of Mongolia aims to transition to green energy. Mehmet Ridvan Karpuz, the Executive Director of "U.G.S." Company, highlighted that the Töv XXXVI area is not only close to the city but also located in a coal-rich region, making it highly probable to find coal seam methane and produce it. If exploration is successful, it will provide a new source to supply Ulaanbaatar with green energy in the future. Currently, four companies in Mongolia have signed product sharing agreements for coal seam methane exploration in six areas, conducting continuous exploration work since 2018. The Australian company "U.G.S." has now become the seventh company to sign a Product Sharing Agreement with the Government of Mongolia.

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COP29: First Meeting of the International Advisory Council under the Minister of Environment and Climate Change

Published: 2024-11-22 | Translated from: montsame.mn

The first meeting of the international non-staff advisory council under the Minister of Environment and Climate Change was held on November 21 in Baku, Azerbaijan. This meeting was organized as part of the 29th session of the United Nations Climate Change Conference taking place in Baku from November 11 to 22. During the meeting, discussions were held on developing an investment strategy to enhance Mongolia's capacity to adapt to climate change, support the energy transition, and improve energy security. Additionally, the meeting focused on identifying investment opportunities and partnership paths to promote sustainable development. The meeting also addressed involving enterprises in the preparatory work leading up to the United Nations Convention to Combat Desertification (COP17), which will be hosted by Mongolia in 2026, with suggestions and recommendations for activities to be implemented in 2025-2026. Furthermore, the participants discussed supporting projects and programs being implemented in Mongolia and exploring possibilities for establishing international partnerships. Discussions were also held on mobilizing the resources necessary to elevate Mongolia's environmental goals to a global level and expanding international cooperation. Participants in the council included the leaders of the Mongolian Business Council, Mongolian Green Finance Corporation, Envision Group, Rio Tinto Mongolia, Newcom Group, Orda Wealth Tech, Geren Group, Trade and Development Bank, and Yurika Company. The activities of this council are deemed a significant step towards the implementation of Mongolia's environmental goals and the activation of international cooperation against climate change, as stated by the Ministry of Environment and Climate Change.

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Innovation

Issues of Modern Child Development III International Scientific Conference Held

Published: 2024-11-22 | Translated from: gogo.mn

The "Issues of Modern Child Development III" international scientific conference took place yesterday. Participants included scientists and researchers from ministries, government organizations, universities, the United Nations, Switzerland, Japan, China, and Mongolia. A total of 62 scientific papers and presentations were submitted by both international and Mongolian researchers, and 24 presentations were discussed at the main and parallel sessions. Deputy Mayor of the capital city A. Amartuvshin and UNICEF Representative in Mongolia, Evariste Kouassi Komlan, took part in the conference's opening ceremony. In the main session of the conference: - "Current status of children's rights and development protection" by H. Azjargal, a senior expert on children's rights legislation, policy, and planning at the Ministry of Family, Labor and Social Protection - "Issues in modern early childhood education" by Dr. T. Tsendsuren, a pre-school specialist at UNICEF in Mongolia - "The importance of dental education for the healthy smile of Mongolian children" by Gabriella Schmidt-Corsito, founder and executive director of the "Misheel Children's Foundation", Switzerland - "The influence of primary art forms on child development and formation, being one of the main directions of the Mongolian Children's Palace" by Dr. B. Tsendgelmaa, director of the Mongolian Children's Palace - "The role and importance of speech development in child development" by B. Dorjdorj, responsible for international training at the President's Language Policy National Council, and a Ph.D. candidate at the University of Kaiserslautern-Landau, Germany - "Health examination of 5-year-old children in Japan: Pre-school support and school readiness" by Hiromi Takai, an employee at the Japan International Cooperation Agency (JICA). The conference also discussed research papers and presentations in three directions: "Implementation of state policy, issues of child development, participation, and protection", "Social psychological issues of child development", and "Environment, activities supporting child development, and issues to focus on in the future." Recommendations from the conference will be delivered to state and public organizations to guide policies and actions about children, based on scientific and research results.

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Today: "Data Integration: KHUR & DAN Solutions" Meeting to be Organized

Published: 2024-11-22 | Translated from: montsame.mn

Ulaanbaatar. Today's event overview: 9:00-13:00: The Ministry of Digital Development and Communications of Mongolia, the National Data Center, and E-Mongolia will jointly organize the "Data Integration: KHUR & DAN Solutions" public-private meeting at the Prime Cineplex hall of the Encanto tower. Phone: 86021029, 88661558. 11:00: In the press room of the Health Center's Administration, information will be provided about the situation of influenza and similar diseases and preventive measures. 11:30: Athletes from the Mongolian Classical Darts Association, who won a trophy and gold medal for the first time at the Asia Pacific Regional Championship, will give information at the national information center of the "Zuuny Medee" newspaper. Phone: 99790206, 80190070. 13:30: The opening of the 16-day campaign to combat gender-based violence will be held at the Ministry of Justice and Home Affairs. 14:00: The Ministry of Foreign Affairs, together with the Embassies of the United States and South Korea, will organize the "Travel Responsibly"-II information campaign in the "Consensus" hall of the Ministry of Foreign Affairs. 15:00: Ts. Tsolmon, a third-year student studying Biology and Bio-medical Engineering at Korea University, will provide information on opportunities to obtain a complete secondary and higher education in South Korea through online courses. - The annual international new energy conference "Just Transition," organized by the Renewable Energy Producers Association, will take place at the Novotel Hotel. In Selenge province: The "Mongolian Cultivated Mushroom Value Chain" NGO will organize the "Mushroom Cultivation Technology-1" training on November 22-23 in Sukhbaatar soum. In Dundgovi province: The wrestling competition featuring national and provincial titleholders to commemorate the 100th anniversary of the declaration of the state and the adoption of the first Constitution will be held at the Sports Hall of the Dundgovi Sports and Physical Education Department on November 25.

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Mongolia Joins the Global Convention on the Recognition of Qualifications Concerning Higher Education

Published: 2024-11-22 | Translated from: isee.mn

Mongolia has joined the "Global Convention on the Recognition of Qualifications Concerning Higher Education," the first treaty of its kind to be established worldwide, encompassing the education sector. This inclusion makes Mongolia the 34th country to join the convention, which was endorsed by the UNESCO General Conference in 2019 with the participation of 33 countries. The convention allows for the transparent and fair recognition of educational outcomes, degrees, and titles from the universities and higher education institutions of the participating countries. It provides students with the opportunity to continue their studies, seek employment, or have their distance learning and acquired qualifications recognized by universities in other countries. Mongolia is implementing its development policies with the goal of realizing educational programs that are competitively viable on an international level. According to the Ministry of Education, mutual recognition of education, training, academic degrees, and titles with other countries is of significant importance to achieve this.

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Health

UNICEF Policy Recommendations to be Considered

Published: 2024-11-22 | Translated from: gogo.mn

The Minister of Labor and Social Protection of Family, L. Enkh-Amgalan, met with Andrea Rossito, the Social Policy Advisor for the Southeast Asia Region of UNICEF. In our country, out of a total population of 3.5 million, 37.1% or 1.2 million are children. He presented "Promoting Social Participation and Livelihood for Children in Mongolia: Evidence-Based Decision-Making and Recommendations" at the SOCIAL POLICY, PROTECTION-CHILDREN consultation meeting organized in cooperation with the Standing Committee on Social Policy of the State Great Khural, the Subcommittee on Sustainable Development Goals, and UNICEF. In Mongolia, out of a total population of 3.5 million, 37.1% or 1.2 million are children. More than 70% of violence against children occurs in the family environment. Although the revised version of the Child Protection Law was adopted and implemented from September 1 of this year, passing the law is just one aspect. There is a necessity to implement it on the ground and ensure child protection across all areas of society. UNICEF will provide policy recommendations to implement child protection policies and establish a national system. Source: Ministry of Labor, Social Protection and Family

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UNICEF to Provide Policy Recommendations

Published: 2024-11-22 | Translated from: montsame.mn

The Minister of Family, Labor, and Social Protection, L. Enkh-Amgalan, met with Andrea Rossi, UNICEF's Southeast Regional Social Policy Advisor. During the meeting, he presented at the "Social Policy and Protection - Children" consultative meeting organized in collaboration with the Standing Committee on Social Policy of the State Great Khural and the Subcommittee on Sustainable Development Goals of the United Nations Children's Fund (UNICEF). The topic of the presentation was "Supporting Children's Social Participation and Living in Mongolia: Evidence-based Decision Making and Recommendations." - Of the total population of Mongolia, which is 3.5 million, 37.1% or 1.2 million are children. - Over 70% of violence against children occurs in family settings. - Although the revised version of the Child Protection Law was passed and implemented from September 1 this year, passing a law is just one aspect. There is a need to bring it back to reality, implement it, and ensure that all social environments protect children. The Ministry of Family, Labor, and Social Protection stated that UNICEF will provide policy recommendations to implement and establish a national system for child protection.

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Residents: Cannot escape respiratory diseases due to air pollution

Published: 2024-11-22 | Translated from: isee.mn

For more than ten years, the capital city Ulaanbaatar has been struggling to combat its air pollution, yet it has not managed to eliminate it. The level of pollution in our country exceeds the acceptable limit set by the WHO by 150 times, reaching a disastrous level. This significantly affects human health. Specifically, carbon monoxide (CO), a colorless, odorless, tasteless toxic gas, easily enters the human body through inhalation. It binds with hemoglobin in the blood to form carboxyhemoglobin, disrupting the blood's ability to carry oxygen. This can lead to oxygen deficiency in tissues, further restricting oxygen supply to the brain and heart, potentially causing respiratory issues. The WHO also indicates that pregnant women exposed to high CO levels risk oxygen deficiency in the fetus, leading to developmental issues, miscarriages, or premature births. Citizens reported that the heavy smog in the air, even before the coldest winter months have begun, has made the situation worse than in previous years, making breathing difficult. Therefore, let us explore how citizens are protecting themselves from pollution and its impact on their health. Citizens have started wearing masks. However, elderly and cardiovascular patients find it difficult to wear masks due to feelings of breathlessness and discomfort. Also, when trying to ventilate the air by opening windows, smoke enters instead of clean air, which is distressing. Smoke is perceived in every part of the city, even when using a car's air conditioner, leaving the question of where to breathe clean air. Regarding children of school and kindergarten age, they constantly suffer from colds, pneumonia, and respiratory diseases, and the nation is seemingly on the brink of widespread lung disease, as noted by citizens. In the evening, visibility is limited beyond twenty steps, and some citizens suggest that briquettes containing heavy metals should be replaced. Mild carbon monoxide poisoning (at 200 ppm) can cause headaches and shortness of breath, moderate poisoning (at 400 ppm) can result in dizziness and confusion, and severe poisoning (at 800 ppm and above) can lead to unconsciousness and even death. However, during winter in Ulaanbaatar, the CO levels (600 µg/m³) pose a serious health hazard.

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Some Public Hospitals Announce Paid Services

Published: 2024-11-22 | Translated from: news.mn

Some public and district hospitals have announced that they will provide paid services to citizens. However, the General Office of Health Insurance reported that state hospitals continue to provide assistance and services at preferential rates under health insurance. Health Minister T. Munkhsaikhan commented on the issue, stating, "It is true that the Health Insurance Fund is under pressure. There is an overrun of contracts at major public hospitals. Nevertheless, essential medical services have not been halted." However, citizens have noted discrepancies between official announcements and the reality on the ground. For instance, the Bayanzurkh District Health Center in the capital announced it would make ambulatory comprehensive care services, X-rays, fetal ultrasounds, as well as other ultrasounds, dental treatments, and day care services chargeable since these services are no longer financed by the General Office of Health Insurance. "All hospitals are affiliated with the Health Insurance Fund, but each operates within its year's budget for healthcare services. The National Trauma and Orthopedic Research Center, the Third Hospital, UHTG, and the Mongolia-Japan hospitals have reached the end of their contracts with the GDOHI. However, we continue to provide normal financing," stated Minister T. Munkhsaikhan, although some public hospitals have announced that they will start charging for their services. The Mongolia-Japan Joint Hospital was the first to make such an announcement, followed by the Bayanzurkh District Health Center in the capital.

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Güven Hospital of Turkey to Support Renovation of Elderly Care Centers

Published: 2024-11-22 | Translated from: gogo.mn

Ms. Tugba Ariz, the Director of Foreign Relations of the Republic of Turkey's Güven Hospital Network, and Mr. Veysel Ciftci, a member of the Board of the Turkey-Mongolia Foundation, visited the Ministry of Family, Labor and Social Protection. The guests were received by Mr. D. Renchindorj, the Head of the Labor Policy Department, and Ms. Yu. Otgonbileg, the Head of the Social Welfare Department, where they exchanged opinions on improving elderly health and rehabilitation services, promoting active aging, and introducing new alternative caregiving services in connection with the implementation of amendments to the law on the elderly that will come into effect in 2025. The Güven Hospital Network of Turkey and Mr. Veysel Ciftci of the Turkey-Mongolia Foundation presented their proposal to implement and collaborate on a project focusing on elderly care and health directions in Mongolia in 2025. Both parties discussed supporting the renovation of necessary facilities of state elderly care homes to meet international standards, as well as cooperating in preparing and strengthening the human resources of the care homes.

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Arts

Invitation to the 'Special Days' Event at Bogd Vista Business Apartment

Published: 2024-11-22 | Translated from: ikon.mn

You are invited to the 'SPECIAL DAYS' event with gifts and a loan economist at the Bogd Vista Business Apartment, located in the most favorable area near Yarmag. The Bogd Vista Business Apartment, a premium class residential complex, is situated in the new urban area of Ulaanbaatar city, within the 24th district of Khan-Uul territory, on the north slope of Bogd Khan Mountain. A new business class residential neighborhood with 4 blocks, 16 floors, and 600 units is now operational. On November 23 and 24, this Saturday and Sunday, the apartment complex will host the SPECIAL DAYS event, where you can tour the complex, consult with a loan economist from our partner bank to explore loan options, and make a direct agreement. If you make a payment between 20% and 100%, you will receive wonderful gifts. Event location: BELMONTE neighborhood, fourth phase, building 1235/2, apartment 501, situated southwest of the BOGD VISTA project. By attending the event, you can find offers such as: - Making a 20%-100% agreement to receive a gift incentive, including: - A chance to own a residence with a 20% down payment. - Own a residence with a 30% down payment plus free gypsum lining. - Own a residence with a 50% down payment and receive either a 4 million MNT voucher for Sodongoo beauty salon or a gift of an iPhone 16. - Make a 100% payment and receive a 7 million MNT furniture voucher or become the owner of a valuable phone number, 8888-xxxx. - Obtain detailed information about the complex from sales representatives. - Explore loan opportunities with our bank partner’s loan economist. The BOGD VISTA BUSINESS APARTMENT features: - Rich green spaces - Located in a clean air environment away from smog - Quiet and peaceful - Includes an in-complex kindergarten - Includes in-complex shopping and service center - Close to major service establishments in Yarmag - Excellent car parking availability - Every unit designed for optimal use of space, with window placements for maximum sunlight and a panoramic view. Options available: - 48 sqm 2-room units - 55 sqm 2-room units - 80 sqm 3-room units Payment conditions: - Purchase via a 30-year, 6% annual interest mortgage loan. - 15-year 'green loan' with a 1.2% monthly interest rate. - Flexible payment terms, with options to divide payments over 6 months. - Vehicle barter options available. - More discounts for 100% payments. Contact: 7272-1166
Facebook page: https://www.facebook.com/BogdVista Note: Media outlets (TV, Radio, Social, and Web) must credit the source (ikon.mn) when using our information in any form or parts thereof.

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Today's Stories

Politics

Economy

Diplomacy

Infrastructure

Society

Environment

Innovation

Health

Arts

Politics

EVENTS: Discussion on the President's Veto of Mongolia's 2025 Budget

The Standing Committee on Legal Affairs Supports the President's Veto on the 2025 Budget of Mongolia

LIVE: Discussion Begins on President U. Khurelsukh's Veto on the 2025 Budget Proposal

Potential Budget Cuts: Cultural Ministry's Package, Overseas Trips, Furniture and Equipment Spending Could Be Reduced

Discussing the President's Veto Today in Party Groups and Parliament

The MPP and DP factions accepted the President's veto

Submitted the Budget Plan for the Capital's Next Year

C. Davaasuren: Structural Changes Are Necessary to Pass a Deficit-Free Budget

O.Tsogtgerel: After approving a 30% expanded budget, why is it considered right as soon as the President imposes a veto?

78.7% of Attending Members Support Accepting the President's Veto on Next Year's Budget

MPRP and DP MPs Agree to Support President's Veto on 2025 Budget Proposal

P. Sainzorig: Accountability is Necessary for Violating the Constitution with Budget Amendments

Ts. Davaasuren: We Will Ensure a Budget Without Deficit by Making Structural Changes

Mongolian President's Veto Supported by MPP and DP

The 2025 Budget Proposal for the Capital was Submitted

The Draft Budget for Ulaanbaatar for 2025 has been Submitted

All State Organizations to Honor the Constitution

G.Zandanshatar: If the President's Demands Are Not Met, Another Veto on the Budget Cannot Be Ruled Out

D. Tsogtbaatar: If We Accept the Veto, It Leads to the Possibility of the Parliament Discussing the Entire Budget Without Government Involvement

P. Sainzorig: Those Responsible for Proposing and Discussing Budget Revisions Should be Held Accountable

Economy

Production Sharing Agreement Signed for Khurleentokhoi XXVIII Oil Exploration Block

The Exchange Rate of the U.S. Dollar Has Been Rising Continuously for the Last 45 Days

The Exchange Rate of the Dollar Increased by 10 MNT Again

The Mongolia Sustainable Finance Forum 2024 to Be Held Under the Auspices of the President

Own Commercial Space with 100% Loan Terms without Advance Payment Now Available

What will happen if 1,072 shares start trading on the Mongolian Stock Exchange?

Kapitron Bank Successfully Secures Long-term Financing of 10 Million USD

Kapitron Bank Successfully Secures $10 Million in Long-Term Financing

Development Bank Participates in Asian Exim Banks Forum

"Central Region Development Forum" to be held in Darkhan-Uul Province

Capitron Bank Successfully Raises $10 Million Long-Term Funding

"Erdenes Oyu Tolgoi" LLC Announces Open Recruitment

Diplomacy

Canadian Foreign Affairs Ministry's Trade Commissioner for the Indo-Pacific Region Received

Our Country is Participating in China's International Tourism Exhibition

Infrastructure

Direct Flight from Ulaanbaatar to Ho Chi Minh to Begin in December

The Border Crossing Points at Gashuunsukhait, Khangi, Bichigt, and Artsuur Will Close on the National Day

Construction Permits Not Issued to Incompetent Organizations

Public Holidays Affecting Border Crossings

Society

Mongolian Millennium Challenge Account: Open Job Announcement

IFPIM Mongolian Program: A New Step in Developing Independent Journalism

Environment

Identifying Coal Seam Methane Reserves Could Allow Transition Away from Coal

COP29: First Meeting of the International Advisory Council under the Minister of Environment and Climate Change

Innovation

Issues of Modern Child Development III International Scientific Conference Held

Today: "Data Integration: KHUR & DAN Solutions" Meeting to be Organized

Mongolia Joins the Global Convention on the Recognition of Qualifications Concerning Higher Education

Health

UNICEF Policy Recommendations to be Considered

UNICEF to Provide Policy Recommendations

Residents: Cannot escape respiratory diseases due to air pollution

Some Public Hospitals Announce Paid Services

Güven Hospital of Turkey to Support Renovation of Elderly Care Centers

Arts

Invitation to the 'Special Days' Event at Bogd Vista Business Apartment

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