The Government of Mongolia held a meeting today and discussed over 10 issues. B.Javkhlan, the Minister of Finance, made a report about the decisions.
He stated “Monthly allowance to children budgeted to be MNT 20 thousand next year. We are studying other versions because some households might be in difficulties when the current MNT 100 thousand is reduced to MNT 20 thousand. The future heritage fund will be linked to children allowance. By doing this, work to convert children allowance to be savings and investment in further will begin. It is estimated to be a savings of MNT 18-19 million when the child is 18. Families will have options to take some part, if necessary”.
The Government of Mongolia held a meeting today and discussed over 10 issues. B.Javkhlan, the Minister of Finance, made a report about the decisions.
He stated “Monthly allowance to children budgeted to be MNT 20 thousand next year. We are studying other versions because some households might be in difficulties when the current MNT 100 thousand is reduced to MNT 20 thousand. The future heritage fund will be linked to children allowance. By doing this, work to convert children allowance to be savings and investment in further will begin. It is estimated to be a savings of MNT 18-19 million when the child is 18. Families will have options to take some part, if necessary”.