PARLIAMENT OKs STATE-OWNED COMPANIES

The State Great Khural passed 10 laws and four resolutions on Thursday’s plenary meeting. Thus, the parliament allowed for the privatization of the Mongol Post and the Erdenet-Bulgan Power Network System state-owned companies, on MNT 20 billion and 30 billion respectively.

These laws also authorized dedication of MNT 5.8 billion to the funding of Babysitting Services, and the increase of salary for the staffers of prosecutors’ offices, the chairman and members of the Constitutional Court.

Moreover, the 2017 Budget Framework Statement and the 2018-2019 Budget Assumptions were adopted.

The Parliament backed the decision to hold a reading for the proposed amendments to the law on adjustment of personal interests in government and public service (the Offshore Law) and to the Law on Public Services.

Source:http://en.montsame.mn/politics/parliament-oks-state-owned-companies’-privatizations-discussing-offshore-law-amendments