Ulaanbaatar
National workshop held on ‘The Draft Integrated National Financing Framework Strategy of Mongolia’
Society
Ulaanbaatar/MONTSAME/. The national workshop on ‘The Draft
Integrated National Financing Framework (INFF) Strategy of Mongolia’, has been jointly
organized by the Ministry of Finance of Mongolia and the United Nations.
The purpose of the National Workshop is to discuss key
insights for the development finance assessment and diagnostics, to discuss the
draft integrated national financing strategy, its action plan and monitoring
framework where the stakeholders and participants will have the opportunity to
share thoughts and inputs, and the way forward towards approval and
implementation of the draft strategy.
Multi-stakeholders gathered today, March 18, to discuss the
draft strategy that seeks solutions to invest in sustainable development,
strengthening the financing architecture and mobilization of resources in line
with sustainable development-related objectives.
The Minister for Finance and acting Minister for Economic
Development B. Javkhlan and UN Resident Coordinator in Mongolia, Tapan Mishra
delivered opening remarks at the workshop.
Given an ambitious SDG-aligned national development agenda
by 2030, a significant amount of additional financing will be required. To
close this financing gap, it is imperative to increase mobilization of
additional financial resources from domestic and international markets,
strengthen planning, budgeting, and financing process, and ensure a better
alignment of existing financing with SDGs. Especially, private sector financing
leveraged through Public-Private Partnership frameworks is vital to bridge the
SDG financing gap.
UN Mongolia
