CWGP DEMANDS URGENT FORMATION OF PARLIAMENT AND CABINET

July 4 (InfoMongolia) On July 04, 2012, the Civil Will Green Party(CWGP) has released a statement on the post-Parliament election conditions among the Mongolian society.

In the statement, it was noted, "The CWGP candidates are sending in complaints on the illegitimate actions that occurred during the Parliamentary Elections' campaigns and voting process. These complaints are based on specific grounds, where the CWGP will continue to demand a control vote count on some electoral districts.

Nevertheless, there are many issues that have accumulated in the society needs to be promptly resolved. The issue that is concerning the citizens the most was the emerging signs of economic instabilities, with inflation reaching 16%. The budget expenditure of this year's first half has exceeded the intended target, especially due to the allotment of cash and salary-pension increases prior to the election, the state budget is intending for bankruptcy. If political instability keeps its pace, it will be difficult to further sustain inflation. Moreover, there tendencies have emerged for the prices of our main export raw materials to decrease on the world market, thus negatively affecting our budget and financial stability.

Therefore, CWGP deems the significant necessity to promptly compose the new State Great Khural (Parliament) and a new Cabinet of Ministers and to start resolving these accumulated issues."

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