Deputy Prime Minister of Mongolia Meets World Bank Country Manager for Mongolia

Ulaanbaatar, August 28, 2024 /MONTSAME/. Deputy Prime Minister of Mongolia Dorjkhand Togmid met the World Bank Country Manager for Mongolia Taehyun Lee on August 27, 2024.

At the meeting, the Deputy Prime Minister expressed gratitude to the World Bank, a reliable partner and supporter of Mongolia. Mr. Dorjkhand Togmid informed the  Country Manager that the main objectives of the Parliament and the coalition government, established following the recent constitutional amendments, are to advance long-stalled major projects and initiate economic reforms.

The World Bank Country Manager expressed deep appreciation for the appointment of the Deputy Prime Minister as the head of the subcommittee responsible for investments in the energy sector and tariff reforms. The parties discussed the World Bank’s ongoing investment projects and technical assistance in the energy sector, emphasizing close cooperation with the subcommittee.

Additionally, the Country Manager conveyed the World Bank’s readiness to provide technical assistance within the Deputy Prime Minister's scope of responsibilities to create a favorable environment for business, trade, and investment.