PRIME MINISTER GIVES TASKS REGARDING WINTER PREPARATIONS AND CURRENCY RATE

At the beginning of Wednesday’s cabinet meeting, Prime Minister J.Erdenebat gave certain tasks to relevant ministers. The Mining minister were assigned to set up a working group to monitor over the observance of the Premier’s assignments to Oyu Tolgoi, Erdenes-Tavantolgoi, Energy Resource and the local Tavantolgoi companies, and the measures to be taken on Gashuunsukhait Mongolia-China border-checkpoint.

The Deputy Prime Minister was charged to consult with related organizations on improving wintering preparations and limiting the growth of USD exchange rate against Mongolian currency.

The head of government directed the Minister of Finance to study possibilities to have diplomatic missions in Mongolia execute the transfers for visas and other applications fees with the national currency of Mongolia, and to regulate the currency rate being pursued in commercial banks, which are usually higher than that fixed by the central bank.

Source:http://en.montsame.mn/politics/prime-minister-gives-tasks-regarding-winter-preparations-and-currency-rate