RESOLUTION SUBMITTED TO PARLIAMENT TO DISMISS MINISTER N.BATBAYAR

Ulaanbaatar /MONTSAME/ Members of the Mongolian People’s Party’s faction M.Enkhbold and S.Byambatsogt Thursday submitted to the Speaker Z.Enkhbold a draft resolution of parliament on dismissing incumbent Minister of Economic Development N.Batbayar. "He should be dismissed because he breached the law when realizing the general policy on investment, the policy and regulation over foreign investment, the policy and planning of loans and assistance, which are reflected in the law on economy," they said. "External debt of Mongolia’s government has gone up sharply in the last two years, the cost of budgetary loan services increased 3-4 times, and a size of current debt reached USD 3 billion, exceeding by USD 800 million a total debt accumulated during the previous cabinets of 22 years," they said explaining the resolution.