Parliament adopts resolution to intensify economy

Ulaanbaatar /MONTSAME/ A plenary meeting of the parliamentary session on Thursday ran final discussion over a draft resolution of parliament on intensifying the economy, and then adopted it with 70.2% votes of MPs. The resolution’s main objectives are to reduce current expenses, to transmit into a regime for saving, to support small- and middle-sized productions and to decline budgetary deficit, said D.Zorigt MP, a leader of a working group which formulated the draft resolution. The resolution is expected to stabilize the legal environment for the mining sector, he added. Moreover, the document is projected to contribute to reviving the Oyu Tolgoi and Tavantolgoi projects and taking the 2nd phase investment for the OT project, Zorigt MP said.