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FINANCE MINISTER HOLDS ONLINE MEETINGS

On May 13, Minister of Finance Ch.Khurelbaatar held an online meeting with Vice President of the European Bank for Reconstruction and Development (EBRD) Alain Pilloux, EBRD Managing Director for Central Asia André Küüsvek, and EBRD Head of Mongolia, Irina Kravchenko.The sides exchanged views on Mongolia’s Covid-19 economic measures and the projects being jointly carried out by Mongolia and the bank. EBRD voiced its readiness to carry on with the projects it has agreed to implement with Mongolia and cooperate with the country’s private sector even during the Covid-19 pandemic. Minister Ch.Khurelbaatar held an online conference with an International Monetary Fund (IMF) team led by Mr. Geoff Gottlieb, discussing the economic impacts of the Covid-19 and the packages of economic measures announced by the Government of Mongolia. IMF has decided to assist its members to fight Covid-19 and revive their economies under the Rapid Financing Instrument program. The sides therefore talked in depth about the program’s implementation in Mongolia and actions to take.

Source: https://montsame.mn/en/read/225493

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