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Economy

Government debt totals 21.1 trillion MNT

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Government debt totals 21.1 trillion MNT

In 2018, Cabinet is scheduled to complete payments of a total of 2.6 trillion MNT in principal bonds and 1.2 trillion MNT in bond interest payments. On June 29, the Minister of Finance announced that the Government reimbursed roughly 750 billion MNT for Dim Sum Bonds as well as domestically-issued principal bonds and interest repayments in June, on schedule.

While the government debt totaled 22.7 trillion MNT at the end of 2017, the figure has decreased to 21.1 trillion MNT as of the first half of 2018.    ​

In 2018, Cabinet is scheduled to complete payments of a total of 2.6 trillion MNT in principal bonds and 1.2 trillion MNT in bond interest payments. On June 29, the Minister of Finance announced that the Government reimbursed roughly 750 billion MNT for Dim Sum Bonds as well as domestically-issued principal bonds and interest repayments in June, on schedule.

While the government debt totaled 22.7 trillion MNT at the end of 2017, the figure has decreased to 21.1 trillion MNT as of the first half of 2018.    ​

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Category
Economy
Published
2018-07-02


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