EUR4.5 million project for employment promotion to be implemented
SocietyUlaanbaatar/MONTSAME/. The National Development Agency (NDA)
and the German Corporation for International Cooperation (GIZ) have agreed to
implement a project entitled ‘Promotion of Growth and Employment in the Private
Sector’.
The project will be funded by the German Ministry of
Economic Development and Cooperation (BMZ) at a cost of EUR 4,500,000 and will
run for three years, starting in January 2021.
The main goal of the project is to increase employment and
create new jobs by supporting the economic stability or immunity of micro,
small and enterprises and startups.
Source: National Development Agency of Mongolia