Parliament discusses monetary policy - News.MN

Parliament discusses monetary policy

Old News! Published on: 2012.10.04

Parliament discusses monetary policy

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Б.Амарбаясгалан
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Parliament discusses proposed
revisions to the 2013 general budget during a session today.
N.Zoljargal, the president of Mongol bank introduced the proposed
revisions. Mongol bank maintains to keep economic growth, reduce loan
rate and keep inflation rate above eight percent in 2013. N.Zoljargal
said that Mongol bank will take measures to improve macro economy, then
stimulate real economy coming years. And Mongol bank is also to
stabilize and keep flexible currency rate by  upgrading competitiveness.
Past years Mongol bank failed to keep inflation rate lower than eight
percent. And N.Zoljargal, newly appointed president of Mongol bank said
that it potentially can fulfill the promise with Government. MP
S.Odontuya recalled that banks risk managements are false during the
session. But  B.Javkhlan, the vice president of Mongol bank said that
banks risk managements are good-enough and reviewed every month.

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