Detailed plan for economic recovery approved
The Government of Mongolia has approved a detailed program to recover from the economic crisis, an assignment given to Cabinet members in February of this year according to a parliamentary resolution.
The Prime Minister has instructed Cabinet members to promptly implement all measures and objectives outlined in the plan.
He assigned Minister of Finance J.Erdenebat with presenting the progress of the plan's implementation and its results on a quarterly basis.
Almost 592 proposals were sent from ministries, agencies, Mongol Bank, the Financial Regulatory Commission, the Economic Council, non-governmental organizations, and specialized agencies to be included in the detailed plan.
Proposals which were duplicated and those not in conjunction with the current stated of social development were withdrawn, and about 220 proposals and activities suggested were included in the final draft of the program.