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Economy

Mortgage repayment continues from January 1

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E.Oyun-Erdene
2022-11-21
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Mortgage repayment continues from January 1

D.Togtokhsuren, Head of the MPP Group in the Parliament, made a report.

- Mortgage repayments were deferred for two years according to the Law on Pandemic. According to this, citizens would start paying their mortgages from January 1, 2023. But the working group of the Parliament said that it is studying the possibility of delaying mortgage payments until July 2023. The working group of the Government and the Parliament discussed and decided to continue the repayment of mortgage loans normally from next year. 

Deferring repayment of the mortgage loan is having a negative impact on next loans. Therefore, the Parliament approved to make mortgage payments starting from January 1, 2023 when it approved the Monetary Law. 

D.Togtokhsuren, Head of the MPP Group in the Parliament, made a report.

- Mortgage repayments were deferred for two years according to the Law on Pandemic. According to this, citizens would start paying their mortgages from January 1, 2023. But the working group of the Parliament said that it is studying the possibility of delaying mortgage payments until July 2023. The working group of the Government and the Parliament discussed and decided to continue the repayment of mortgage loans normally from next year. 

Deferring repayment of the mortgage loan is having a negative impact on next loans. Therefore, the Parliament approved to make mortgage payments starting from January 1, 2023 when it approved the Monetary Law. 

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E.Oyun-Erdene
Category
Economy
Published
2022-11-21


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