Ulaanbaatar
IFAD Project to increase its beneficiaries
Economy | Agriculture
Ulaanbaatar /MONTSAME/. Minister of Food, Agriculture, and Light Industry Ch.Ulaan and Acting State Secretary of the Ministry of Food, Agriculture and light Industry T.Jambaltseren held a meeting with Country Director for Mongolia of International Fund for Agricultural Department Hubert Boirard to discuss about involving local governments in project measures for 2020 and strengthening partnership.
Thus, as accordingly, the Ministry has reflected additional certain measures, including financing and action plan in the framework of the IFAD Project for Market and Pasture Management Development (PMPMD), in the agreements signed with aimag governors on January 24.
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The PMPMD project is being implemented in 18 soums of 6 aimags, namely Arkhangai, Uvurkhangai, Khentii, Dornod, and Sukhbaatar. In aims of increasing the number of those that will be benefiting from the project, the project will be implemented in 98 soums in 2020. A total of MNT 8.9 billion will be invested in the project framework, of which MNT 6.4 billion will be from IFAD, and MNT 2.5 billion from local budgets.
