During its regular session on October 17, Cabinet authorized Minister of Finance Ch. Khurelbaatar to sign loan financing agreements for the Transparency and Efficiency in Public Financial Management and the Up-scaling Renewable Energy Sector projects, on behalf of the government. State authorities say that they plan to improve the taxation system, as well as transparency and efficiency in the investment planning for public funds. The renewable energy project is designed to increase the energy supply in the western and Altai-Uliastai regions through wind or solar power plants, and installing a geothermal heat pump.
Daily News /page 4/