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2025/09/05
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PRESIDENT SUBMITS DRAFT PARLIAMENTARY RESOLUTION ON VOUCHER AND CASH ALLOWANCE FOR HOUSEHOLDS

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2021/01/08 7:25:57
PRESIDENT SUBMITS DRAFT PARLIAMENTARY RESOLUTION ON VOUCHER AND CASH ALLOWANCE FOR HOUSEHOLDS

President of Mongolia Khaltmaagiin Battulga has submitted a draft parliamentary resolution to distribute support in the amount of 1.0 million tugrugs to each household from the recovered offshore assets.

In connection with COVID-19 prevention and combat, individuals and businesses’ activities have been restricted for nine months and halted for a total of 38 days, which subsequently created a risk for households to lose incomes or have no earnings at all, and national enterprises to go bankrupt. The country’s economy is in a state of disrepair.

For this reason, President Battulga drafted a parliamentary resolution on ‘Special measures to overcome the impoverishment and social and economic difficulties caused by the coronavirus pandemic’ to implement the policy and measures to provide a ‘MNT 1 million per household’ support, and submitted it to the Speaker of the Parliament G.Zandanshatar today.

The draft resolution states to allocate 1.0 million tugrugs per household, of which 200,000 is expected to be distributed in cash and the remaining 800,000 in form of vouchers for purchasing goods and products, except for alcohol and tobacco, only national producers, and resolve the required financing with recovered offshore assets. In doing so, the money withdrawn from the offshore accounts shall be deposited in a particular account at the Bank of Mongolia.

FEATURED

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  • 2025/09/01 9:54:07President of Mongolia U. Khurelsukh Received by President of China Xi Jinping
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  • 2025/07/25 5:17:31Courtesy Call from Idizoda Faizali, Chairman of the Majlisi Namoyandagon of the Republic of Tajikistan

GALLERY

thumbnail received_1460020275239847
received_1460020275239847
2025/09/03 2:39:11President of Mongolia Lays Wreath at the Memorial Complex in Janchkhuu
thumbnail received_763184589756083
received_763184589756083
2025/09/03 2:33:25Mongolia-China-Russia Leaders Convene for 7th Trilateral Meeting in Beijing
thumbnail received_1061367876161760
received_1061367876161760
2025/09/03 2:30:29Mongolia, China Agrees on Expanding Cooperation in Multiple Fields
thumbnail received_787998147491349
received_787998147491349
2025/09/02 10:38:54Khurelsukh at SCO: “Mongolia Is Ready to Contribute to Regional Integration”
thumbnail 539914819_1852986372303789_7018353776700053805_n
539914819_1852986372303789_7018353776700053805_n
2025/09/01 9:54:07President of Mongolia U. Khurelsukh Received by President of China Xi Jinping
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