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President addresses to contemplate on IMF's condition www.montsame.mn

Ulaanbaatar /MONTSAME/ President of Mongolia Kh.Battulga delivered a speech at the Parliamentary autumn session opened on October 2.

President said, “The autumn session has to solve many issues without delay. There is a need to form the Government as fast as possible.

Although the economic growth has reached 5.3 percent, we are still facing many issues. In spite of the fact that cooperating with the International Monetary Fund would be helpful at this time, we have to check if it is including national features or not," 

"There is much to contemplate on IMF’s conditions. It must be noted that the Parliament should prioritize Mongolia’s interest.

Time demands a very realistic and productive discussion and break-even approval of next year’s budget that could give positive signal to the economy at the Parliamentary autumn session," he said.

He continues, "I perceive that the budget giving positive signal to the economy is a mean to support private sector. If the Government and its related agencies follow the positive changes made to the ‘Law on procurement of goods, works and services with state and local funds’, domestic production and services will be strongly supported.
As the President of Mongolia, I will firmly engage in restoring justice.”



Published Date:2017-10-02