₮100 billion bond was supported to the SGK level

Dec 17 • Finance, Government • 702 Views • No Comments on ₮100 billion bond was supported to the SGK level

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Government Bond was supported by the SGK session and the issue was returned to the Standing Committee on Budget for first discussion.

According to the draft resolution, bond of ₮100 billion is requested in order to support “State Bank” activity. Some MPs had different view towards the bond issuance, comparing ₮100 billion to 4 million livestock, 4000 housing.

But Minister S.Bayartsogt said that the State Bank will be privatized when its operation become normal and stable. Bond issuance was supported by votes of 55.2%.

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