US EditionThe Government and the Bank of Mongolia Have Agreed Not to Impose Any Restrictions on Pension Loans.
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The Government and the Bank of Mongolia Have Agreed Not to Impose Any Restrictions on Pension Loans.
In connection with the objections of the elderly to the 50/50 ratio of debt to income for pension loans, Prime Minister G. Zandanshatar met with the Governor of the Bank of Mongolia B. Lkhagvasuren. As a result, the parties agreed not to impose any restrictions on pension loans. The parties believed that it would be possible to find a solution within the framework of the demands of the elderly by excluding pension loans from the general regulat…
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