N.Batbayar: Inflation rate might reduce to six percent by 2014

Ulaanbaatar /MONTSAME/ At its meeting, the parliamentary Standing committee on economics discussed a decision on adopting a draft resolution on the 2014 basic guidelines of socio-economic development. It was introduced by N.Batbayar, the Minister of Economic Development. According to him, the project reflects an aim to keep the inflation rate in six percent by 2014 by ensuring the economic stability. In a scope of this, a policy will be maintained to reduce and then to stabilize this rate. Measures will be also taken to support the products supply, to reduce the import of construction materials and to back the domestic productions. A majority of the Standing committee considered as necessity to discuss the 2014' basic guidelines at the parliamentary session. B.Khuder