RE: National Wealth Fund Approved20 Apr 2024 09:11
"A total of 40 members participated in the voting for final approval of the Draft Law on the National Wealth Fund, and 39 of them supported it."
"Prime Minister L. Oyun-Erdene said: For the first time in Mongolia, the NATIONAL WEALTH FUND is going to be approved comprehensively. The Political Parties agreed on this, reached a UNIFIED position and signed the agenda."
"A VERY BIG HISTORICAL TURNING POINT OF MONGOLIA IS HAPPENING TODAY. IT MAY NOT BE FULLY UNDERSTOOD YET" - Source: Ikon.mn
*Last part I put in CAPS myself to highlight & why I look at longer term investment in Mongolia & Petro Matad development into major Energy player (IOM Meeting π).
Some will see where this is going - others will not! π¦