2016 DEVELOPMENT GUIDELINES APPROVED

Ulaanbaatar /MONTSAME/ The Basic Guidelines Economic and Social Development for 2016 was approved by the State Great Khural at the afternoon plenary session, May 8. At the plenary meeting Friday morning, the Parliament ran a voting on discussing the adoption of the draft Basic Guidelines of Economic and Social Development for 2016. Due to a majority approval the draft was transferred to the affiliated Standing committee to be prepared for its first reading. Although the discussion of the draft received many criticisms, it was approved by majority. The parliament is currently running the readings of draft new wordings of the laws on Accounting and Audit, and other draft laws.