PREMIER INFORMS ON ‘100-DAY ACTION PLAN’ IN PARLIAMENT

Ulaanbaatar /MONTSAME/ Mongolia’s Prime Minister N.Altankhuyag informed in the parliament last Friday on the 100-day sprint plan to revive the economy of the nation. Developed by the Cabinet, this plan was approved by the parliament last week, which then assigned the Cabinet, the Central Bank and the Financial Regulatory Commission to implement the plan in its due time. All actions planned will be realized in due time, with great results stimulating the economy, said the Prime Minister. Effective measures will be taken to improve foreign exchange flows, to save 20% of the budget operational expenditure, to boost the development of small and medium-sized enterprises, to reduce tax burdens for entities, as well as to increase mining exploration in the nation, he added.