Legislative framework enables to establish Children’s Fund

2021-04-12 13:51:20

Ulaanbaatar /MONTSAME/. At its plenary session held on April 8, State Great Khural, the parliament of Mongolia approved amendments to the law on the government’s special purpose fund. 

According to the Press Office of the Parliament Secretariat, the changes now enable a regulatory framework for establishing the Fund for Children with the purpose of supporting development and protection for children and their engagement. 

On December 30, 2020, the government of Mongolia approved to re-establish the Children’s Fund, designed for financing projects to build child and youth development places, such as the Children’s Library, Children’s Theatre, and cultural and sports facilities. Khurelsukh Ukhnaa, Prime Minister at that time pledged that the government would allocate funding of MNT 10 billion for the fund.