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President suggests to amend budget if necessary www.montsame.mn

Today, April 11, President U.Khurelsukh met with Speaker of the Parliament G.Zandanshatar, Prime Minister L.Oyun-Erdene and members of the government and Parliament.
At a time when the world countries have been battling the pandemic for two years, international geopolitical issues have arisen. Consequently, oil prices have doubled and grain and vegetable prices have risen by 30-40 percent at world markets. Therefore, the Parliament and Government need to coordinate their works and amend state budget if necessary, emphasized the President.
He stressed that It is vital to pay special attention to the reduction of prices of energy, oil, consumer goods and food products, and the performance of spring cultivation to meet domestic food needs.
“Today, you have to discuss whether to amend the budget. People must be informed of the truth about the situation. All unnecessary expenses and investments need to be cut out. The whole world is in a very difficult situation. Therefore, it is necessary to pay attention to the demand made by the people and make an urgent decision. The recent two years have shown us that Mongolia needs to meet its domestic food needs, be a fuel producer and have an energy source. Mongolia needs to become an economically independent country.”


Published Date:2022-04-11