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What is the 160 yuan that Inner Mongolia Postal Savings Bank gives to the elderly every month?

Rural subsistence allowance subsidies. According to the Inner Mongolia subsistence allowance subsidy regulations, we learned that the autonomous region’s subsistence allowance elderly people have a monthly subsidy of 160 yuan and an annual subsidy of 1,920 yuan, which is a subsidy to the subsistence allowance elderly people for daily expenses. Inner Mongolia Autonomous Region, referred to as "Inner Mongolia", has the capital Hohhot. Located in northern China.