Speaker receives Permanent Council of the World Bank

Speaker of the Parliament of Mongolia Z.Enkhbold received Permanent Council of the World Bank to Mongolia Corali Gevers on February 26.

In the beginning of the meeting, Mrs. Gevers thanked Z.Enkhbold for receiving her and officially congratulated him for being elected as the Head of the Parliament.

They then exchanged views on what issues both sides should focus on in the upcoming years regarding civil society in and the economic development of Mongolia.

Mrs. Gevers expressed her thoughts that not many changes would be made in the World Bank’s loan and aid policy and informed Speaker Z.Enkhbold that the World Bank would cooperate with the Ulaanbaatar administration on this matter. During the meeting, she also gave her position on the general plan to develop Ulaanbaatar until 2020 as well as how to implement the reform and innovation programs and policies of the new Parliament and government.

From his side, Z.Enkhbold highlighted that the 2013 State Budget of Mongolia was made possible through the continued efforts of the current Parliament, while the 2014 State Budget would be adopted with the contribution of policies from the new Parliament and government. Moreover, he mentioned that the scope of the local budget has been increased by 2.5 times. The expenditure breakdown should be informed publicly and that of investments should also be presented to the public so that the citizens can have control over the budget, noted Z.Enkhbold.

The general plan of Ulaanbaatar was approved during the Fall Session of the Parliament. If the Parliament issued the financing soon, then the plan to remove the administration of Ulaanbaatar from the Songinokhairkhan district would happen within two years, informed Z.Enkhbold.

At the end of the meeting, Mrs. Gevers said that the World Bank would continue to operate in helping develop the Mongolian economy.

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