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AmCham Mongolia Daily Newswire

September 7, 2018

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President Kh. Battulga weighs in on the Wrestling Palace debate
President of Mongolia Kh. Battulga submitted an official letter to Prime Minister U. Khurelsukh proposing measures to take for the nationalization of the Wrestling Palace. The letter reads, “Since meeting with the relevant parties in April, the power struggles over the leadership of the Wrestling Palace still continues. Given the Law on State and Local Property, the government is the rightful owner of the Wrestling Palace, since the majority of the expenses for construction of the palace were covered by the state budget.” At the end of the letter, the president asked Prime Minister U. Khurelsukh to consider nationalization of the palace.

The Official Gazette /page 2/
Officials review air pollution reduction plan for 2019
On September 6, Parliament’s working group on air pollution reduction held a meeting to review the National Committee for Environmental Pollution Reduction’s actions and plan. During the meeting, the committee reported that a total of 199.7 billion MNT is expected to be budgeted in 2019 for air pollution reduction measures, with 25 billion MNT for installing 1,000 filters in buses, 22.5 billion MNT for steam boiler filters, 16 billion MNT for electric heaters, 58 billion MNT for refined fuel production subsidies, and 73.5 billion MNT for 30,000 household stoves with induction filters. It has been reported that a government agency in charge of air pollution reduction might be established in 2019.

The National Post /page 2/
Ambassadors to Sweden, Canada, and the UK receive letters of credence from President Kh. Battulga
On September 6, Mongolian Ambassador Extraordinary and Plenipotentiary to Sweden O. Enkhtsetseg, Ambassador to Canada Ya. Ariunbold, and Ambassador to the United Kingdom of Great Britain and Northern Ireland N. Tulga met with President Kh. Battulga and received their letters of credence. During the meeting with the diplomatic officials, the president noted that ambassador posts are not positions for politicians in retirement, and said that he will stand against such appointments in the future. He asked the ambassadors to effectively work during their designated terms and to create positive outcomes.         
The Century News /page 5/
Bank of Mongolia purchases 2.8 tons of gold in August
Bank of Mongolia reported that the bank bought 2.8 tons of gold in August, bringing the total amount of gold purchased to 12.2 tons since the beginning of 2018. The figure is similar to that of August 2017. The central bank aims to raise the amount of gold purchased by 10 percent, bringing the 2018 total to 22 tons of gold, with a primary objective of increasing Mongolia’s foreign currency reserves. The state's reserves reached 2.9 billion USD in July, a three-fold increase compared to 2017.
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