Draft basic guidelines for 2016 socio-economic development to be submitted

Ulaanbaatar /MONTSAME/ The cabinet meeting on Monday decided to submit to parliament draft basic guidelines for 2016 socio-economic development. Works will be done through the guidelines to implement goals reflected in the list of measures for the 2012-2016 governmental action program, the national development strategy based on the Millennium Development Goals (MDGs), to ensure the national economic growth, to support the budget stability and balance with a proper policy of investment and debt management, to reduce the unemployment by augmenting job places, to back the growth of concrete spheres, and to realize policy measures for intensifying each sector. Within the macro-economic policy, the policies will be implemented in 2016 to ensure the economic stability, increase the national GDP per capita, keep the inflation rate in one-digit number. The basic guidelines also reflect measures for reducing the unemployment rate to 7%.