PM: Small businesses should be exempted from taxes
The Government has declared 2012 a year for developing households. The yearlong program officially kicked off at a meeting on Wednesday at the Government House, with 140 delegates from ministries, aimags, and Ulaanbaatar in attendan
Prime Minister S.Batbold opened the meeting with a speech in which he said Mongolian citizens and households will be at the center of state policy.
He said the Government will implement a program to support the development of households and enforce laws on employment support, social welfare, and parliamentary and local settlement elections. He said the household development program has a goal of increasing the income of poor citizens to the current national average. Households that take measures to raise their living standard will receive bonuses.
S.Batbold also called for small- and medium-sized businesses to be exempted from taxes for a certain period. He said rich people should pay a higher tax than middle-income people, and households that run businesses should be supported by the state.
He also said the Government will develop households in way to generate jobs and improve health and education services. He said the Government also plans to take steps to reduce alcohol and tobacco consumption in the country. The prime minister added that salaries and pensions will be doubled, and the construction of 100,000 apartments will begin.
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