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Government asks permission to sell bonds

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Government Member Minister for Finance S.Bayartsogt presented a draft protocol to the Speaker of the Parliament to permit Government bond sale on Wednesday. The minister asked the Parliament to settle the issue urgently.
It is said that it was highly necessary to sell MNT 100 billion worth bonds to tackle with economic crisis, ensure financial stability as well as innovating the Zoos Bank’s structure. The laws say the Government may sell its bonds to the people by the permission from the Parliament.
 

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