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"We Need to Reconsider the Requirements for Consumer Import-Backed Loans and Implement Policies to Increase Loans to entrepreneurs."
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The Standing Committee on Economics of the Parliament is organizing a hearing today /2025.12.16/ with a candidate for the position of President of the Bank of Mongolia. During the hearing, the Executive Director of the Mongolian Employers' Union, N. Nanjidsambuu, said, "The biggest burden on the private sector is interest rates. Business owners who do not meet the capital requirements for loans are under a lot of pressure from high-interest loan…
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