340,000 MNT free allowance to be issued

Elderly people and handicapped people will receive 340,000 MNT free allowance.

S.Erdene, Minister of Human development and Social Welfare said from Monday 340,000 MNT free allowance will be given to older and handicapped people. The Mongolian government decided to issue the money from the profit of a 1.5 billion MNT bond. Citizens will have the money with the Human development book via Khaan bank, Khadgalamj bank and Capital bank.