Central bank governor meets delegates of international financial organizations
EconomyUlaanbaatar/MONTSAME/. Governor of the Bank of Mongolia N.Bayartsaikhan received
delegates headed by Vice President and Treasurer of the World Bank Mr. Jingdong
Hua and Vice President for Asia and Pacific, IFC,
Ms.Nena Stoiljkovic on September 16.
During the meeting, the
sides exchanged views on cooperation between the Bank of Mongolia and World
Bank, present economic situation of the country, future outlook, and
progress of reserves advisory and management program (RAMP) and Extended Fund
Facility (EFF) being implemented by Mongolia with the IMF.
Governor N.Bayartsaikhan
noted that the implementation of the EFF brings positive outcomes such as
improvements in fiscal discipline, fulfillment of monetary policy objectives and recovery of
economy. Underlining an importance of continuing EFF implementation in the
country, the governor exchanged views on the EFF and other related matters with
the delegates.