Ulaanbaatar
Economic forum of Mongolia begins
PoliticsUlaanbaatar /MONTSAME/ The Economic Forum of Mongolia-2016 Wednesday started at the State House under a motto “Lessons, challenge and solutions”.
The Prime Minister Ch.Saikhanbileg made the opening remarks to talk about some ways of resolving the current difficulties in the Mongolian economy and achievements in the great construction, especially in roads' sector.
Mongolia will expand its mortgage loans and will start business mortgage programme, "We will continue the biggest projects after overcoming the difficulties and obstacles. Works will be continued to attract foreign investments and to diversify the national economy. The largest construction works will continue as well. Mongolia will transmit into a new structure of Temasek model based on the Erdenes Mongol,” the Premier said.
Mongolia will create its fund of wealth for all Mongolians, he added.
At the opening, speeches were delivered by N.Zoljargal, the president of the Bank of Mongolia (BoM); B.Bolor, the Minister of Finance; R.Jigjid, the Minister of Mining; P.Tsagaan, a head of the Presidential Office; B.Batbayar, a chief advisor to the Premier; Ayumi Konishi, a director of the Asian Development Bank (ADB) for East Asian Affairs; Vivek Pathak, International Finance Corporation’s (IFC) Regional Director for East Asia and the Pacific; Neil Saker, the Resident Representative of the International Monetary Fund (IMF) to Mongolia; Robert Schoellhammer, the ADB Country Director for Mongolia; and James Anderson, Country Representative of the World Bank for Mongolia.
The two-day forum will also be addressed by the President Ts.Elbegdorj and the Speaker of parliament Z.Enkhbold.
