NSO official says cash distribution has not led to inflation - News.MN

NSO official says cash distribution has not led to inflation

Old News! Published on: 2010.05.28

NSO official says cash distribution has not led to inflation

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The Director of Macroeconomics at the National
Statistical Committee, B.Badamtsetseg, traces the 9.7 percent inflation to the
dzud that killed 8.1 million livestock and thus led meat price to rise 15
percent over the same period last year. The official saw “little relation” between
the distribution of money from the Human Development Fund and the inflation as
the money is being distributed over a period of time.

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