Ulaanbaatar /MONTSAME/ The National Statistical Committee approved minimum livelihood guarantee level to adhere in 2017, which came into force on February 06. Head of Cabinet Secretariat J.Munkhbat introduced it to yesterday’s cabinet meeting.
The minimum level of livelihood will be MNT166500 in western region, MNT173500 in forested area region (Khangai), MNT166200 in central region, MNT165700 in eastern region and 185300 in Ulaanbaatar city. The renewed rate was increased by MNT3200 in central region, MNT2700 in forested area region, MTN2000 in eastern region, MNT1700 in western region and MNT1600 in Ulaanbaatar city.
The level is used as a standard for providing material assistance or monetary aid to citizens, altering the amount of pension and allowance of social insurance and social welfare. A relevant law states that ‘Minimum level of livelihood’ refers to a minimum level of consumption expressed in monetary value. The minimum level of consumption is the amount of goods and services defined by consumer basket of food and non-food items that are necessary to sustain living.