Implementation time frame of Mongolia’s Development Model approved

2019-07-17 12:37:47

Ulaanbaatar /MONTSAME/ The working group in charge of formulating the Long-term Development Program of Mongolia convened on July 15.

At the meeting, a decision was made to implement the long-term development program – ‘Mongolia’s Development Model’ between 2020 and 2045 through five year plans. This traditional yet professional development model of Mongolia will be a combination of state-of-the-art theories and practices. As the program will be in effect during the fourth Industrial Revolution, engineering and information technology will be the key drivers for economic growth.

In addition, a working unit is studying inclusion of the long-term policy in the constitution to make proposals.