Улаанбаатар
‘Government to Support Business Freedom, Guarantee Protection of Private Property’
Politics
Ulaanbaatar, December 18, 2025 /MONTSAME/. At
its regular session on December 17, 2025, the Cabinet discussed the draft primary
law on Economic Freedom, along with associated laws, and decided to
submit them to the State Great Khural (Parliament).
To guarantee the constitutional right of citizens and legal
entities to engage in business activities and reduce state involvement in
economic activities, the draft primary law on Economic Freedom, the draft amendment
to the Investment Law, and draft amendments to nine other related laws have
been prepared.
First Deputy Prime Minister and Minister of Economy and
Development, Enkhbayar Jadamba, stated that the draft law, prepared within the
framework of the package law to support wealth creators, aims to promote freedom
of businesses and legally guarantee the inviolability of private property.
