Wheat incentive determined at MNT 50-60 thousand per ton

2018-02-07 11:31:32
Ulaanbaatar /MONTSAME/ The Cabinet on February 6 resolved to determine incentive for wheat supplied to domestic flour factories, Crop Farming Support Fund and government reserve.

In specific, I-III class wheat will receive incentive of MNT 60 thousand per ton and IV class MNT 50 thousand.

The Cabinet also agreed on tariff discount for wheat seeds of the Crop Farming Support Fund in order to support land farmers who suffered crop loss last year, and run spring sowing normally.

MNT 14.9 billion was projected last year’s budget for wheat bonus. The incentive requirements have been fulfilled by 597 citizens and entities in 13 aimags for supply of 128 thousand tons of wheat.