MINISTER OF FINANCE JAVKHLAN.B, MET WITH CASHMERE INDUSTRY REPRESENTATIVES.
Member of Parliament and Minister of Finance Javkhlan.B, Sukh-Ochir.B, Head of the financial policy department of it’s ministry, Tulga.S, Head of the financial assets management of the financial policy department are met with representatives from cashmere industry and discussed about the current situation and 19th Resolution of State Great Khural of 2022 “Measures to be implemented in the wool and cashmere industry”, implementation of 380th Resolution of Mongolian Government of 19th October 2022 “Technical regulation on the production and trade of goat cashmere” and loan that will be issued on cashmere preparation of 2023.
In addition, the participants of the meeting exchanged opinions on the positive results of the cashmere industry, the introduction of new products and services such as financial system, export credit, and export insurance aimed at sustainable activities without receiving subsidies from the government.
The Minister of Finance emphasized the need to categorize the indicators and levels of loan implementation results based on new jobs created, cashmere industry export growth, and the amount of taxes to be added to the state budget.
January 30, 2023
