CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet meeting held on Wednesday decided to grant monthly allowance of MNT 15 thousand to people aged up to 18 years who urgently need the social welfare and assistance, and the allowance of MNT 10 thousand will be given to those people aged 18 or above a month. - The cabinet discussed and issues a resolution on some measure to be taken to ensure transparency of the extractive industry. - In accordance with a cabinet decision, the period of the production-sharing contract established between the Oil Authority and the “Petro Matad” company has been prolonged for five years. When the contract signed, the sides had agreed to spend USD 5 million for the extraction. As of today, the spending of the money has reached about USD 40 million. - Money of MNT 1 billion will be allotted from the government's reserved fund to recover damages in Khentii, Tov aimags and the General Authority for Border Protection caused by the natural disasters occurred in June. - The cabinet discussed results of the State Head's participation in the 12th Meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization (SCO) to run on June 6-7 in Beijing, China. Then, the cabinet decided to submit it to the National Security Council. - The cabinet did not back a bill initiated by D.Kyokushyuzan Batbayar MP on annulling some special licenses of mineral exploration, and a draft amendment to the law initiated by L.Gundalai MP on mineral resources. A parliamentarian Kh.Battulga has drawn up a draft law on granting cash prizes to athletes who won Olympic medals and their coaches, but it was not backed. - The cabinet backed in principle a draft new wording of the law hygiene, and decided to submit it to the State Great Khural. The cabinet also backed a draft intergovernmental agreement between Mongolia and Vietnam on cooperating in the educational sphere until 2015. In accordance with this agreement, 15 Mongolian students will study in Vietnam every year. - The “Bananuur” and “Shivee-Ovoo” companies have been exempted from the payment for air pollution. - The cabinet discussed and backed a draft law on ratifying the amended charter of the International Telecommunication Union (ITU) and the ITU's Convention. It will be submitted to parliament. B.Khuder