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2025/06/02
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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 In doing so, the money withdrawn from the offshore accounts shall be deposited in a particular account at the Bank of Mongolia.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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GALLERY

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received_560618706314339
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thumbnail 494812888_1219623479807277_5337346060135044607_n (1)
494812888_1219623479807277_5337346060135044607_n (1)
2025/05/28 12:29:10State Visit of Federal President of the Republic of Austria to Mongolia Concludes
thumbnail 494859273_623972164022499_8113013530904289323_n (1)
494859273_623972164022499_8113013530904289323_n (1)
2025/05/27 7:27:06Federal President and First Lady of Austria Plant Trees
thumbnail 494821589_2831770433674533_7201482491634377902_n (1)
494821589_2831770433674533_7201482491634377902_n (1)
2025/05/27 6:24:29Federal President of the Republic of Austria Visits Chinggis Khaan National Museum of Mongolia
thumbnail 494858081_8942549469181176_6193925704111954864_n
494858081_8942549469181176_6193925704111954864_n
2025/05/27 3:20:45Mongolia-Austria Business Forum Convenes
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