ULAANBAATAR (GoGo Mongolia) Mongolian Parliament approved the State budget of 2018 today.
Starting from January 1st of 2018, mothers who are looking after their children of ages 0-3 will receive monthly salary of 20USD (50 thousand MNT) due to a program called "Paid mothers".
Moreover, female and male headed households with three or more children will receive a quarterly allowance of 100USD (240 thousand MNT). The Cabinet pays totally 72 billion MNT for these two caring programs.
Speaker of the Parliament Mr. Enkhbold emphasizes that a total budget of 99 billion MNT has been approved to develop small and medium enterprises. Last year’s State budget support to SMEs’ were 62 billion MNT.
Law on 2018 State budget will enter into force starting from January 1st, 2018.
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