CABINET MEETING IN BRIEF
Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the cabinet decided to convey a matter to parliament on releasing stocks of up to MNT 300 billion with an aim to recover the state budget's lost and difficulties at the budget.
- The cabinet hoped that this step will contribute to the economic growth of Mongolia by augmenting investments and activating the stock market. In addition, it will give opportunities to perform the budgetary expenditures and financing on time, to set a basic interest at the financial market and to increase tools of financial market.
- The cabinet decided to approve a rule on ensuring a financial and budgetary transparency. It is related to only budgetary organizations and state-owned enterprises and these organizations shall make their information about budgets and financing transparent and introduce it to the public. An obligation has been given to related officers to convey the matter to the cabinet in near future.
- The cabinet got acquainted with a result of the Premier's participation in the 4th Bali Democracy Forum held on December 8-9, 2011 in Indonesia. This result will be submitted to the National Security Council (NSC).
- The Deputy Premier M.Enkhbold introduced to the cabinet a process of works by the government and a permanent council of preventing earthquake aftermaths and ensuring of readiness. In conjunction with it, the issue will be introduced to the NSC. According to M.Enkhbold, 15 works out of 27 ones have been completed and 12 works are being done.
B.Khuder
- The cabinet hoped that this step will contribute to the economic growth of Mongolia by augmenting investments and activating the stock market. In addition, it will give opportunities to perform the budgetary expenditures and financing on time, to set a basic interest at the financial market and to increase tools of financial market.
- The cabinet decided to approve a rule on ensuring a financial and budgetary transparency. It is related to only budgetary organizations and state-owned enterprises and these organizations shall make their information about budgets and financing transparent and introduce it to the public. An obligation has been given to related officers to convey the matter to the cabinet in near future.
- The cabinet got acquainted with a result of the Premier's participation in the 4th Bali Democracy Forum held on December 8-9, 2011 in Indonesia. This result will be submitted to the National Security Council (NSC).
- The Deputy Premier M.Enkhbold introduced to the cabinet a process of works by the government and a permanent council of preventing earthquake aftermaths and ensuring of readiness. In conjunction with it, the issue will be introduced to the NSC. According to M.Enkhbold, 15 works out of 27 ones have been completed and 12 works are being done.
B.Khuder
Comments
Post a Comment