Japan to grant USD 1.8 mln non-refundable aid to MongoliaEconomy
Ulaanbaatar /MONTSAME/ The Government of Japan will provide non-refundable aid worth USD 1.8 million for the environmental sector of Mongolia.
An exchange of notes on the non-refundable aid was signed today by Minister of Finance Ch.Khurelbaatar and Ambassador Extraordinary and Plenipotentiary of Japan to Mongolia Masato Takaoka.
To strengthen bilateral strategic partnership, Mongolia and Japan have been expanding their cooperation in all fields including politics, society, and economy. For instance, Prime Minister U.Khurelsukh and his Japanese counterpart Shinzo Abe included the issue of deepening bilateral environmental cooperation in their joint statement last December. In this regard, Japan is providing the aid for conducting studies on protection of ecosystem and environment of Mongolia and equipping the Fresh Water Resources and Nature Conservation Center, highlighted the Ambassador.
Furthermore, Minister Ch.Khurelbaatar said “Projects on improvement of drinking water sources in Ulaanbaatar and reconstruction of the wastewater treatment plant are being implemented respectively with USD 350 million non-refundable aid from the Millennium Challenge Corporation and CNY 1 million soft loan from the Chinese government. Thus, the Government of Mongolia is planning to utilize the aid for improving fresh water supply”
Since 1990, the Japanese government has given Mongolia grants and loans totaling USD 2.8 billion and non-project grant aid of USD 195 million for the sectors of health, education, and social protection.