HUMAN DEVELOPMENT FUND TO USE USE ELECTRONIC CARD

Ulaanbaatar, Mongolia /MONTSAME/ The Human Development Fund provides 21 thousand togrog to every citizen of Mongolia people each month. Since the money is granted in the last half of month, that time commercial banks are get overloaded.
In order to relieve overloading, leaders of the banks have made a request to the Labor and welfare service authority on providing the money via e-cards. The request has attained approval of the authority. A senior officer of the Labor and welfare service agency, D.Ganchimeg said “It is unclear, when the money will be provided via cards. The agency will present contract terms to the Ministry of Finance. If Ministry of Finance agreed, tender will be announced among banks. So it will be available to use e-cards."
At the time being, list of one million 644 thousand people have been delivered from the State Registration Office.
B.Oyundelger