Ulaanbaatar
IMF satisfied at progress of Extended Fund Facility programme
Politics
Beijing /MONTSAME/ The International Monetary Fund (IMF) will conduct the next review of the Extended Fund Facility programme in June.
Prime Minister U.Khurelsukh was informed of the upcoming visit of an IMF team to Mongolia during his meeting with Christine Lagarde, IMF Managing Director, on April 10 on the sidelines of the Boao Forum being held in China.
The Prime Minister emphasized the positive outcome of the IMF program in Mongolia such as accelerated economic growth, increased investment and improved budget balance, appreciating the support of the IMF to Mongolia. “The Government of Mongolia is working towards reducing budget deficit through improvement of budget discipline and limitations on expenditure, and diversifying the economy,” the Prime Minister said.
Managing Director Lagarde expressed satisfaction on the progress of the Extended Fund Facility programme, expressing her confidence that Mongolia will ensure continuity of the successful implementation. The IMF team will be meeting corresponding Mongolian organizations regarding the programme during their June visit.
Prime Minister U.Khurelsukh invited the Managing Director to visit Mongolia at her convenience.
Prime Minister U.Khurelsukh was informed of the upcoming visit of an IMF team to Mongolia during his meeting with Christine Lagarde, IMF Managing Director, on April 10 on the sidelines of the Boao Forum being held in China.
The Prime Minister emphasized the positive outcome of the IMF program in Mongolia such as accelerated economic growth, increased investment and improved budget balance, appreciating the support of the IMF to Mongolia. “The Government of Mongolia is working towards reducing budget deficit through improvement of budget discipline and limitations on expenditure, and diversifying the economy,” the Prime Minister said.
Managing Director Lagarde expressed satisfaction on the progress of the Extended Fund Facility programme, expressing her confidence that Mongolia will ensure continuity of the successful implementation. The IMF team will be meeting corresponding Mongolian organizations regarding the programme during their June visit.
Prime Minister U.Khurelsukh invited the Managing Director to visit Mongolia at her convenience.
Kh.Aminaa
