Law draft on Development Bank to go to Parliament - News.MN

Law draft on Development Bank to go to Parliament

Old News! Published on: 2010.12.31

Law draft on Development Bank to go to Parliament

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The law draft on the Development Bank will be submitted
to Parliament with some suggestions from the Government. The bank will be 100%
state-owned and will provide loans to large projects in mining and
infrastructure development and in setting up processing factories. The
Government will guarantee all loans.

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