Issuance of licenses to be resolved by open auctions
Society
At the meeting, the Minister pointed out the importance of participation of aimag governors in law enforcement and appealed them to spend financial sources of local budgets accumulated from royalties on conservation activities.
He cautioned the governors that it is too inadequate of using just 30 percent for conservation, even though about MNT60 billion is accumulated annually to local budgets from royalties. Therefore, the Minister expressed his hope to cooperate with the Governors in proper spending of the money.
“The Ministry will support technological modernization by means of disbursing long-term low-interest loans to entities that are recycling and consuming recycled water, and introduce insurance system to develop accountable mining. Issuance of licenses will be solved by open auctions,” Minister N.Tserenbat said.
Although the Ministry performs well its duties to formulate policies to protect nature and develop tourism and have laws adopted, it encounters a problem in implementing and monitoring the policies and laws; therefore the Minister seeks cooperation with Governors on this matter.
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M. Unurzul