Resource

Mongolia: Financing Social Protection through Taxation of Natural Resources

  • English
Stefan Urban
ILO
2016
4
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Summary (English)

Mongolia is an example of a country that has recently started to take more advantage of its vast natural resources. Mongolia’s development has been spurred by its extraction industry revenues. The government has made significant efforts to ensure that the wealth created from its natural resources is shared among the wide population and that resources are directed to social protection programmes such as the Universal Child Money programme.

SPF brief 8442 Mongolia financing
01.12.2016