Finance Minister participates in 2020 AIIB annual meeting

2020-07-29 12:18:07

Ulaanbaatar /MONTSAME/. The 5th Annual Meeting of Asian Infrastructure Investment Bank was held on July 28 and Minister of Finance Ch.Khurelbaatar took part in the meeting, representing Mongolia.

The meeting, where the delegates from 82 countries convened virtually was opened with the address delivered by President of the People’s Republic of China Xi Jinping.

Participants in the meeting had a discussion on the current state of macroeconomics in Asia and the support and assistance provided by the bank to the member countries in response to the COVID-19 pandemic, as well as the Bank’s medium and long-term action plans.

Mongolia is one of the 52 founding countries of the bank. Since its establishment in 2016, AIIB has grown to 102 members from around the world.