ID :
144836
Mon, 10/04/2010 - 21:29
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Shortlink :
http://m.oananews.org//node/144836
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EMPLOYMENT SUPPORT FUND AND ITS MIONEY
Ulaanbaatar, Mongolia, /MONTSAME/ Some 14.5 billion togrogs have been centralized in the Employment Support Fund in the first nine months of 2010. The fund consists of monthly fees paid by foreigners who are working here.
The half of the fund centralized, or seven billion togrogs, has been disbursed for loans for small- and medium-sized production, 14%--for public works, 11%--for vocational trainings, and 8%--for supporting employers.
The loans given for small business are spent for increasing workplaces, a maximum loan available for one individual is three million togrogs, for one business entity--10 million. Besides, the Fund financed last year 152 projects made by the disabled, and intends to invest 392 such projects this year.
J.Bolortamir
The half of the fund centralized, or seven billion togrogs, has been disbursed for loans for small- and medium-sized production, 14%--for public works, 11%--for vocational trainings, and 8%--for supporting employers.
The loans given for small business are spent for increasing workplaces, a maximum loan available for one individual is three million togrogs, for one business entity--10 million. Besides, the Fund financed last year 152 projects made by the disabled, and intends to invest 392 such projects this year.
J.Bolortamir
