MNT 22.6 billion allocated in the budget for wool incentive

Economy | Agriculture
anudari@montsame.gov.mn
2020-02-06 16:59:02

Ulaanbaatar /MONTSAME/ The government of Mongolia annually provides herders with incentives to increase agricultural output. To encourage the supply of hides, for example, MNT 11.8 billion has been allocated in the state budget. The incentive rate has been set at MNT 15,000 per unit for cattle skin and MNT 3,000 for small cattle skin.


As for the provision of wool incentives, MNT 22.6 billion has been allocated in the budget to give MNT 1,500 to 2,000 per kilogram depending on the region of origin of the wool.