Cabinet reviews progress of MNT 10 trillion economic recovery plan

2021-07-28 18:23:00

Ulaanbaatar /MONTSAME/. At the cabinet’s meeting dated July 28, Minister of Finance B.Javkhlan made a presentation on the implementation of the government’s MNT 10 trillion comprehensive plan for health protection and economic recovery. Within the framework of the plan, employment support loans with total funding of MNT 2 trillion have been granted to 22,994 borrowers totaling MNT 1.7 billion as of now. 

The cabinet praised the outcome of an online Mongolia-Canada roundtable meeting organized on May 27, 2021 and gave an order to Minister B.Javkhlan, who chairs the Mongolian side in the roundtable meeting, to approve the plan of measures following the meeting and take control on the implementation. 

The Minister of Finance was authorized to sign loan agreements for a project to enhance the capacity of forensic science organizations and environmental study central laboratory, which will be carried out under the general agreement between the government of Mongolia and the Republic of Korea on loans to grant from the economic development cooperation fund of Korea in 2017-2020.