Dem Party Meeting held

DP faction in the Parliament yesterday discussed a proposal to double the citizens’ share of the Tavantolgoi project to 20 percent, with the shares coming from those currently allocated to domestic organizations. The 39th protocol currently says 10 percent of the project’s shares should go to citizens, with 10 percent being sold to domestic organizations and 30 percent being sold on foreign stock exchanges.

The group approved further discussion of the protocol change during the current session of Parliament. Some MPs suggested the protocol change was appropriate because, of the 53,000 organizations registered with the state, only 23,000 have paid taxes on profits, while the remaining 30,000 have claimed no profits. That is why the MPs believe it would be better to give the organizations’ shares to citizens. The group also reiterated the party’s position on the draft election law. The group discussed the election structure last week and decided that election should be organized by a merged structure. Also the members resolved that electoral districts should be organized by population and location.

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