AmCham Mongolia Daily Newswire

September 13, 2018

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Law on Communications to be amended
Since its enactment in 1995, the Law on Communications has been amended eight times. During its regular session on September 12, Cabinet determined that the law currently lacks the necessary legal environment to minimize the state's involvement in the sector, to strengthen fair competition, and to provide quality communications services to the public and private entities. New amendments to the law have been drafted, specifying the role and responsibilities of the Communications Regulatory Commission, as well as regulatory frameworks supporting competition in the sector, with the aim of restricting monopoly pricing practices.

The Official Gazette /page 2/
Cabinet discusses 2019 draft budget
On September 12, Cabinet members discussed a draft of the 2019 state budget. It was reported that the state's authorities will prioritize including budgets for the construction of schools and kindergartens, as well as air pollution reduction in 2019. A total of 200 billion MNT is expected to be allocated for air pollution reduction in 2019. Cabinet will finalize its discussion of the draft of the 2019 budget before October 1, and submit the draft to Parliament for approval.

The National Post /page 2/
NSO reports on August social and economic data for Mongolia   
On September 12, the National Statistical Office reported on August social and economic data for Mongolia. Cabinet issued a resolution to raise social insurance premium rates by a total of five percent: by 1 percent in 2018, and 2 percent in both 2019 and 2020. The Social Insurance Fund saw a year-on-year increase in revenue of 150.4 billion MNT in August. Monetary supply equaled 17.4 trillion MNT by the end of August, an increase of 2.9 trillion MNT compared to August 2017. The state's consolidated budget saw a surplus of 410.8 billion MNT as of August, while there was a deficit of 577.6 billion MNT during the same period in 2017.
Daily News /page 1/
Second Daily Newspapers Forum to be held
The Association of Daily Newspapers is organizing the second Daily Newspapers Forum to address critical challenges facing society, including child welfare, environmental pollution, poverty, and unemployment. The forum's attendees will also focus on urging decision makers to define practical solutions and to create tangible results. Participants will exchange views on real-life issues directly relevant to the public, independent from political interests.
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