Prime Minister
S.Batbold has said the Government proposes, pending Parliament’s approval, to
give from August 1 every citizen MNT10,000 a month from the Human Development
Fund. The amount will be raised in
stages from 2011, to finally reach MNT21,000. The Government feels that the
earlier distribution of MNT70,000 as a lump sum could have been a factor in
prices rising and that such risks can be avoided if a lesser amount is given every
month.
The Prime Minister
said the Government expected people to spend the money on education, health, and
family issues. Everybody, irrespective of age, will receive the monthly sum.