President Battulga meets members of Women’s Labor AssociationSociety
Upon the request of the Women’s Labor Support Association, President of
Mongolia Khaltmaagiin Battulga held a meeting with its members on November 13
in the Citizen’s Chamber, State House.
At the beginning of the meeting, Sh.Ariunaa, President of the Association, delivered a statistical report on women’s labor in Mongolia and expressed her discontent with the operations of the SMEs Development Fund.
For instance, in the wake of issues surrounding the SMEs Development Fund and loans granted to high-ranking government officials, a survey on access to the loan has been conducted among businesswomen. The survey revealed that majority of the businesswomen had applied for a loan with the amount ranging from MNT 15 million-2.5 billion and 4-7 years of period, but were denied for reasons including insufficient funding and project rejection.
Moreover, it was conveyed to President Battulga that the businesswomen, who had originally accepted the denial of their loan applications, decided to express their stance and make several demands to the Cabinet after finding out that the loan had been granted to high-ranking government officials and their associates.
The members of the Association will demand several actions, including overseeing the investigation on the grantees of loan from the SMEs Development Fund, conducting a comparative analysis on the approved and rejected projects, and improving the corresponding law on government funds.
More women working in the textile industry and health sector exchanged their views with President Battulga.