CABINET MEETING IN BRIEF

Ulaanbaatar /MONTSAME/ During its regular meeting on January 3, the Cabinet made following decisions. The Cabinet discussed and resolved to submit to Parliament a revised bill on Combating Money Laundering and Terrorism Financing. The Cabinet approved a draft Agreement on Social Protection between Mongolia and the Czech Republic, and decided to consult with the corresponding Parliamentary Standing Committee. Signing of the Agreement will prevent dual social insurance application in both countries. At present, about 7,400 Mongolians live and work in the Czech Republic. The Cabinet approved a Procedure for Payment, Distribution and Expenditure of Royalty and Fees for Special Licenses with an appendix. The Cabinet established a National Council for Youth Development, headed by the Minister of Labor and Social Protection. The Cabinet issued the authority of state general inspector for financial inspection to Finance Minister Ch.Khurelbaatar. Kh.Aminaa