Ulaanbaatar
Bank of Mongolia signs a Memorandum of Understanding with Swiss State Secretariat of Economic Affairs
Economy
Ulaanbaatar/MONTSAME/. The Bank of Mongolia signed a
Memorandum of Understanding with Swiss State Secretariat of Economic Affairs
(SECO) concerning a technical assistance in selected areas of central bank
operations.
The MoU enables the Bank of Mongolia to benefit from the
Programme for Bilateral Assistance and Capacity Building for Central Banks
(BCC), which is implemented by SECO. The Programme will contribute to
strengthening capacities of Bank of Mongolia in monetary policy analysis and
implementation, macroeconomic accounting and statistics, and bringing it up to
the international benchmarks.
SECO is implementing BCC since 2013 in emerging countries to
develop the analytical and technical capacities of central banks, e.g. in
Albania, Azerbaijan, Bosnia and Herzegovina, Columbia, Morocco, Peru, Tunisia
and Ukraine.
The MoU was signed by B. Lkhagvasuren, Governor of Bank of
Mongolia, and Stefanie Burri (PhD), Head of Cooperation and Consular Section
(on behalf of SECO).
Source: Swiss Cooperation in Mongolia
