Jargal de Facto: More grants, less labour in the Mongolian desert
I transited through Dalanzadgad. While each month every Mongolian citizen receives 21 thousand Tugrogs as “motherland grant,” in addition to that UmnuGobi residents began receive “local grant” in 500 thousand Tugrogs a year. National and local politicians (14 of the 25 members at the Khural of citizens representatives in South Gobi aimag are from Democratic Party) are as busy as those in the capital city as they try to keep their election promise to individual citizens in delivering “municipal share” from the 51% shares designated to municipal government from the “Old” Tavan Tolgoi mine.


The Mongolian Stock Exchange (MSE) is getting a facelift. B.Bold, the executive director of Newcom Group and head of the representative managing council of the MSE, told our correspondent about changes planned for the exchange.


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