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Thursday, January 28, 1999 Published at 05:09 GMT

World: Asia-Pacific

Mongolian media on sale

Reports from Mongolia say that the country's two leading official newspapers will be sold to the public by April 1, as part of a state programme to privatise state industries.

A senior official was quoted by Reuters news agency as saying that sixty per cent of the shares of the newspapers -- the Ardiin Erkh and Zasgiin Gazariin Medee -- would be auctioned to the public or foreign buyers; the remaining forty per cent of the shares will be offered to the papers' employees.

Mongolia's news media is to be liberalised under the new legislation, introduced in January.

From the newsroom of the BBC World Service

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