At the “Hour for solutions” weekly meeting on Wednesday, the Prime Minister Ch.Saikhanbileg discussed issues regarding housholds living in ger areas in Ulaanbaatar.
Thus, the Prime Minister ordered E.Bat-Uul, Mayor of Ulaanbaatar; Kh.Gantsogt, State Secretary of the Ministry of Finance; and B.Battuvshin, Executive Director of the State Bank to implement the “Good fence” program which will give start to the third campaign for re-planning ger areas.
“Reasonable conditions should be created for ger areas inhabitants to benefit from the re-planning campaign. Thereby, infrastructural challenges such as water supply, waste water and toilets must be tackled in parallel,” the Prime Minister said.
“In frames of the program, household living in ger areas are able to receive loans of up to MNT 100 million with a five-year term in order to deal with the infrastructural shortages and can pay off the credit with less burden by paying every month a sum not exceeding MNT 100 thousand. In case the amount exceeds MNT 100 thousand, up to 50% of the debt can be resolved jointly by the government and city with help of government funds,” said Saikhanbileg.
Firstly, the campaign will target 69 200 households living in the capital’s second and third zones with financial fund of MNT 200 billion. The next stage of the program will cover centers of provinces.
At the “Hour for solutions” weekly meeting on Wednesday, the Prime Minister Ch.Saikhanbileg discussed issues regarding housholds living in ger areas in Ulaanbaatar.
Thus, the Prime Minister ordered E.Bat-Uul, Mayor of Ulaanbaatar; Kh.Gantsogt, State Secretary of the Ministry of Finance; and B.Battuvshin, Executive Director of the State Bank to implement the “Good fence” program which will give start to the third campaign for re-planning ger areas.
“Reasonable conditions should be created for ger areas inhabitants to benefit from the re-planning campaign. Thereby, infrastructural challenges such as water supply, waste water and toilets must be tackled in parallel,” the Prime Minister said.
“In frames of the program, household living in ger areas are able to receive loans of up to MNT 100 million with a five-year term in order to deal with the infrastructural shortages and can pay off the credit with less burden by paying every month a sum not exceeding MNT 100 thousand. In case the amount exceeds MNT 100 thousand, up to 50% of the debt can be resolved jointly by the government and city with help of government funds,” said Saikhanbileg.
Firstly, the campaign will target 69 200 households living in the capital’s second and third zones with financial fund of MNT 200 billion. The next stage of the program will cover centers of provinces.