Financial Stability Council holds meeting

Financial Stability Council (The Council) held its regular meeting at The Ministry of Finance. The following matters were discussed at the meeting:

1. "Program to Improve Public Financial Literacy" to be discussed and finalized;
2. A draft Monetary Policy Guideline for 2016;
3. Report of Mongolian Financial Stability: Issue №5;
4. Issues on establishing an asset management mechanism in the financial sector;
5. Inflation Report: Issue #2;
6. Approving a draft procedure on macroeconomic database between the Bank of Mongolia, Ministry of Finance and Financial Regulatory Commission;
7. Some issues on improving the legal environment and regulations of insurance;
8. Finalizing the receivership operations of liquidated Zoos Bank;
9. Amendment on 2015 budget and budget draft for 2016;
10. Issues on incorporating deposits of members of the Credits and Savings Union to deposit insurance..

In accordance with decisions of the meetings, members of the Council, within their respective functions, assigned duties and delivered recommendations to the relevant parties.