R. Gonchigdorj, Chairman of Standing Committee on Security and Foreign policy met with World Bank senior specialist Mr. Salvador Rivera and senior Mining officer Mr. Charles Husband yesterday. The bank specialist said that the mining sector is the flagship sector which provides economic growth and it is possible to improve its efficiency by defining strategic investment and government participation policy correctly. They exchanged their opinions with the Standing Committee chairman and discussed that the World Bank will continue its negotiations with relevant organizations regarding cooperation with Mongolia in this sector in the future. (Centennial News)

68 men will protect Government house annex

Government special security authority will protect the Government house annex after its completion. Security guards of the authority work only in two shifts and have a shortage of guards. Thus the authority started protecting buildings of the Ministry of Road, Transport and Tourism and Constitutional court of Mongolia in addition. The authority officials said that because the number of guards to protect the Government house annex is not enough it is required to add more staff. Even though the Government special security authority submitted a request about adding salaries and positions for 68 security guards into the 2007 budget to the Standing Committee on Legal affairs, the request has not been accepted because more time is required . (Today)

Participants National Development Policy competition meet with President

‘Monitoring center’ NGO with D. Oyun, a team leader which participated in the competition to develop a National Development policy visited N. Enkhbayar, President of Mongolia. The team calculated on what level the country’s fundamental indicators will be in 2021 based on statistics and figures and documents. Influence of amendments made to the tax law, growth in mining sector and change on foreign market price in case Oyu tolgoi is implemented was calculated in different versions with individual factors. Given the final result of this research GDP will grow in 2007-2009 and since Oyu Tolgoi extraction increases GDP will grow 8-19.8 percent so that our country will be on same standard of average income countries. (Daily News)