Basic guideline on state monetary policy approved
PoliticsUlaanbaatar/MONTSAME/ During
today’s plenary meeting of the parliament, basic guideline on State Monetary
Policy for 2019 was approved with 66.7 percent votes.
The basic guideline is
formulated for supporting economic recoveries and increasing its accessibility
by means of empowering economy to bear risks.
It reflects to decrease
inflation to 8 percent in 2019-2020 and to 6 percent in the mid-term, as well
as ensure sustainability of inflation to keep economic growth and its benefits
at constant level, increase the reserve of foreign currency and continue
realization of the policy to improve risk-bearing capacity of banks.