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Parliament cancelled its decision to pass big projects sales income through Mongolian banks www.montsame.mn
Ulaanbaatar /MONTSAME/ The second clause of Parliamentary resolution number 29, which indicated to raise state currency reserve by passing sales income of big projects with foreign investment through accounts of Mongolian banks, was cancelled during yesterday’s (May 4) plenary session of the Parliament. 65.5 per cent or 36 MPs out of the attended 55 backed to cancel the clause.
On April 14, parliament approved amendments to the 2017 state budget and other following laws and resolutions, which included resolution number 29. The Budgetary standing committee of Parliament developed a draft resolution to cancel the clause, in a request by Finance Minister, because it has caused difficult condition to implement joint program with the International Monetary Fund.
During the discussion, Democratic Party group in parliament asked five-day break in connection with the issue. DP group head MP D.Erdenebat said the discussion of the issue breaches the law on parliamentary procedure and the pressing problem could be resolved without touching the very important clause. However, DP group was allowed just 30-minute break, and after which the discussion continued, approving to cancel the second clause.
B.Ooluun
Published Date:2017-05-05
