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Broadcast 22-12-2024
Англи

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Government supports national producers


Oyundelger 2017-01-16 10:01

The Government aims to create income accumulation by supporting national producers and it will not impose burden on businessmen with increased taxes.

Government supports national producers. The Government aims to create income accumulation by supporting national producers and it will not impose burden on businessmen with increased taxes. The government aims to diversify the agriculture-based national economy and increase the production and types of home-made products. In terms of export, national producers are not able to succeed much because of the outdated technology and unrecognized reasons. Therefore, the latest technologies should be introduced and the local products should be promoted to world markets, said the Prime Minister speaking at a recent meeting with national producers. Some businessmen requested from the government to consider postponing the loan repayment term of loan-ridden companies due to exchange rate jumps or freeing them from loan interest for certain period of time, transfer some duties of government to NGOs and make tax environment favorable to businessmen.  

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