45,300 entities to benefit from exemption of social insurance contributions
Ulaanbaatar /MONTSAME/. With a view to prevent from the spread of COVID-19 pandemic, Mongolia has enacted a heightened state of alert from February 13 until April 30 and some partial lockdowns and temporary restrictions on operations of businesses have resulted in loss of household income as well as companies, especially, small and medium sized business in the field of service and manufacturing, to experience revenue decline, struggle to keep operating and lay off their workers.
1916 өдөр