Mongolia's parliament has reportedly given final approval to the State Budget Law for 2021, overriding a presidential veto on 25 November. Tax measures of the law include:

• A VAT and customs duty exemption for the import of all types of rice and vegetable effective from 4 December 2020 to 1 July 2021;
• The application of a reduced social and health insurance contribution rate of 10.5% for employ…