Cabinet news in brief

2020-09-30 15:16:10

Ulaanbaatar /MONTSAME/ At its regular meeting on September 30, the Cabinet made the following decisions:

- The Cabinet discussed bills on 2021 State Budget law of Mongolia, Budget of Social Insurance Fund and Health Insurance Fund for 2021, 2021 state budget framework statement, amendments to the budget assumptions for 2022-2023 and other draft laws regarding these documents.

- The Cabinet determined the interest rate of loans to be provided by commercial banks to meat processing businesses that prepare  meat for winter and spring to be 11 percent with 12 month term. This year, not less than 20 thousand tons of meat will be prepared for winter and commercial banks are projected to lend over MNT 104 billion for that.