The Minister of Population Development and Social Welfare, S.Erdene, has presented a project which proposes changing Government Protocol 113th, to provide a MNT 20,000 child allowance, depending on the living standards of the family.
The MNT 20,000 child allowance has been provided since 2012. Three years have elapsed and living conditions for many families have deterioirated. It is now becoming increasingly hard for families to save the child allowance by putting it in a bank account.
The families which have average income used to save their children’s MNT 20,000 to the bank account. There are 1,030,000 children and teenagers, from infants to eighteen-year-olds in Mongolia today.
The 2016 State Budget includes the MNT 147 billion necessary for the for the MNT 20,000 child allowance. This is currently amount is enough to provide this allowance until August 2016. There is a possibility to change the State Budget provision in August.