President of Mongolia Khaltmaagiin Battulga has submitted a\ndraft parliamentary resolution to distribute support in the amount of 1.0\nmillion tugrugs to each household from the recovered offshore assets. <\/p>\n\n\n\n
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.<\/p><\/blockquote>\n\n\n\n
For this reason, President Battulga drafted a parliamentary\nresolution on \u2018Special measures to overcome the impoverishment and social and\neconomic difficulties caused by the coronavirus pandemic\u2019 to implement the\npolicy and measures to provide a \u2018MNT 1 million per household\u2019 support, and\nsubmitted it to the Speaker of the Parliament G.Zandanshatar today.<\/p>\n\n\n\n
The draft resolution states to allocate 1.0 million tugrugs per\nhousehold, of which 200,000 is expected to be distributed in cash and the\nremaining 800,000 in form of vouchers for purchasing goods and products, except\nfor alcohol and tobacco, only national producers, and resolve the required\nfinancing with recovered offshore assets. In doing so, the money withdrawn from\nthe offshore accounts shall be deposited in a particular account at the Bank of\nMongolia.<\/p>\n","protected":false},"date":"2021-01-08T19:25:57","excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"featured_image_alt":"GB5_1778=","featured_image":"https:\/\/president.mn\/en\/wp-content\/uploads\/2021\/01\/GB5_1778-770x457.jpg","related_posts":[]}