World Bank to support Mongolia’s efforts to improve fiscal and financial stability
On June 9, the World Bank approved USD 12 million in financing to help strengthen fiscal and financial stability in Mongolia at a critical juncture for the country’s economy.
The Strengthening Fiscal and Financial Stability Project will work across sectors to improve the quality of expenditure management, bolster financial sector stability, increase fiscal discipline, and strengthen the social protection system. Comprehensive support will be provided to strengthen budget preparation in all stages, starting from preparation to execution.
2934 days