|

MPP demands Speaker to run parliament as classic consensus establishment

The Mongolian People’s Party (MPP) members in parliament have delivered a statement to the Speaker of Parliament, Z.Enkhbold, demanding that the Government of Mongolia, composed of the coalition of the Democratic Party, Mongolian People’s Revolutionary Party and Mongolian National Democratic Party, report work done last year to the parliament. The statement also demands the examination of the operations of Mongol Bank, and appointing a working group from parliament to take measures against ministers responsible for Mongolia’s struggling economy since its 42 percent decline in foreign investment, and 15 billion USD in foreign debt exceeding GDP.

The Mongolian People’s Party expressed immediate concern for the purchasing power of the tugrik, which has been in decline as its rate against the dollar rose past 1,700 MNT. The state’s foreign currency resources have fallen by nearly half of previous reserves, which means the state’s financial independence has also deteriorated. The MPP believes that Mongolia is facing the risk of construction projects falling through and a decline in the living standards of its people.

The Mongolian People’s Party has stated its position on correcting the mistakes of the government before it is too late and  is issuing a public warning about the situation. Representatives told local media, “Unfortunately, the authorities refused our demands and statements, and disclaimed the possibilities to cooperate in uniting the parties, which led to the current economic situation… Thus, the Mongolian People’s Party in Parliament demands that the Speaker of Parliament, Z.Enkhbold, stop indulging the mistakes of government and run the parliament as a classic consensus establishment.”

Short URL: http://ubpost.mongolnews.mn/?p=6064

Posted by on Sep 18 2013. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Comments are closed

Recently Commented

  • Nauruan: Your post is a totall b***shit, at least the people of Nauru don’t die of Guns Rapist Thieves & Hunger I assume...
  • haber: I couldn’t resist commenting. Very well written!
  • Chanel: I’d like to find out more? I’d want to find out some additional information.
  • clash of clans mod apk: Hello everyone, it’s my first pay a visit at this web site, and post is genuinely fruitful in favor of me,...
  • personal development: Hello there! I know this is kinda off topic however I’d figured I’d ask. Would you be interested in...