Prime Minister receives business reps

Ulaanbaatar /MONTSAME/ Prime Minister J.Erdenebat received representatives of private businesses and leaders of the Mongolian Chamber of Commerce and Industry to exchange opinions on the ways to tackle the challenges facing businesses. PM J.Erdenebat explained that the government is meeting with the representatives of the certain sectors in order to make adequate policy decisions. Sh.Bayarsaikhan, president of Nomin Holding, requested more flexibility in the income tax for entities, and smooth and equal apply of the Law on Value-added Tax on every company and proposed to establish a business council under the President. Director for Human Resource of “Jur Ur Company B.Monkhzul asked the government to propose a change to the law on small and medium enterprises and heighten the criteria, favoring opportunities for businesses to be included in beneficial programs and projects. The National Chamber of Commerce and Industry presented the proposal, with seven clauses and 55 articles, on the pressing issues before taxpayers, ways of solutions and possible cooperation with businesses on monetary policy and macroeconomic levels. The Prime Minister decided to receive representatives of tenants of Narantuul market, to learn their ideas and approaches.