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Economy

Changes in the wool subsidies

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E.Orgil
2015-03-31
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Changes in the wool subsidies

Changes have been approved in the regulations of the state subsidies to the herders to supply sheep wool and camel wool to the national manufactures.

State subsidies for the wool is to be based on the quality of the wool in order to increase the breeding of the sheep with output of narrow and middle fiber wool to increase the overall wool production. In this regard, MNT 2000 subsidy is to be issued per kg of the narrow and middle fiber sheep wool, while the wide fiber sheep wool submitted to the domestic manufactures will be subsidized with MNT 1000 per kg, except of sheep bred in Tuv, Selenge, Darkhan-Uul, Bulgan and Khentii aimags. The subsidy for camel wool is set at MNT 1000 per kg. 

Government believes that this differentiation for the subsidies will drive the increase of quality of wool, which in turn will impact on the end user product and result in high exports outpu.

Changes have been approved in the regulations of the state subsidies to the herders to supply sheep wool and camel wool to the national manufactures.

State subsidies for the wool is to be based on the quality of the wool in order to increase the breeding of the sheep with output of narrow and middle fiber wool to increase the overall wool production. In this regard, MNT 2000 subsidy is to be issued per kg of the narrow and middle fiber sheep wool, while the wide fiber sheep wool submitted to the domestic manufactures will be subsidized with MNT 1000 per kg, except of sheep bred in Tuv, Selenge, Darkhan-Uul, Bulgan and Khentii aimags. The subsidy for camel wool is set at MNT 1000 per kg. 

Government believes that this differentiation for the subsidies will drive the increase of quality of wool, which in turn will impact on the end user product and result in high exports outpu.

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E.Orgil
Category
Economy
Published
2015-03-31


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