1 MONGOLIAN CURRENCY STRENGTHENS AGAINST USD, YUAN WWW.XINHUANET.COM.CN  PUBLISHED:2018/02/21      2 MONGOLIA IMPORTED 19,000 TONS OF GASOLINE AND 81,000 TONS OF DIESEL FUEL IN JANUARY WWW.AKIPRESS.COM  PUBLISHED:2018/02/21      3 MONGOLIA-ARGENTINA VISA-FREE AGREEMENT COMES INTO FORCE WWW.XINHUANET.COM.CN  PUBLISHED:2018/02/21      4 SHIFTING FROM MINING DEPENDENCE TO TOURISM-DRIVEN ECONOMY WWW.THEUBPOST.MN PUBLISHED:2018/02/21      5 MONGOLIA SAYS CAN BUILD POWER PLANT TO SUPPLY OYU TOLGOI MINE WWW.MINING.COM  PUBLISHED:2018/02/21      6 ASPIRE MINING : REIGNITES COKING COAL FLAME IN MONGOLIA WWW.4-TRADERS.COM PUBLISHED:2018/02/21      7 WORLD BANK GIVES USD 400 MILLION TO SUPPORT MONGOLIAN SMES WWW.MONTSAME.MN PUBLISHED:2018/02/21      8 COMMODITY PRICES SEE SOME INCREASES IN EARLY FEBRUARY WWW.GOGO.MN PUBLISHED:2018/02/21      9 PUTIN SIGNS LAW ON EXTENSION OF CAPITAL AMNESTY FOR RUSSIAN BUSINESSES WWW.RT.COM PUBLISHED:2018/02/21      10 TOP20 INDEX RAISES BY 0.44 PERCENT WWW.MONTSAME.MN PUBLISHED:2018/02/20      НИЙСЛЭЛД 365 БАРИЛГА ОФФИСЫН ЗОРИУЛАЛТААР АШИГЛАГДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/02/21     ӨНӨӨДӨР “ОЛОН УЛСЫН ЭХ ХЭЛНИЙ ӨДӨР” ТОХИОЖ БАЙНА WWW.MEDEE.MN НИЙТЭЛСЭН:2018/02/21     МОНГОЛ УЛС АНХ УДАА МЭРГЭЖЛИЙН ДУГУЙН БАГТАЙ БОЛЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2018/02/21     АЮУЛГҮЙ БАЙДАЛ, ГАДААД БОДЛОГЫН БАЙНГЫН ХОРОО 24 АСУУДАЛ ХЭЛЭЛЦЭЖ, 10 ХУУЛЬ БАТЛУУЛЖЭЭ WWW.CHUHAL.MN НИЙТЭЛСЭН:2018/02/21     WORLD ECONOMICS: МОНГОЛ УЛСЫН БИЗНЕСИЙН ИТГЭЛИЙН ИНДЕКС 53.4 НЭГЖ БОЛЖ, ӨССӨН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/02/21     2-Р САРЫН 20-НЫ ӨДРИЙН АРИЛЖААНЫ МЭДЭЭ WWW.MSE.MN НИЙТЭЛСЭН:2018/02/21     ТАВАНТОЛГОЙ ЦС-ЫН 34 ХУВИЙГ MCS ЭЗЭМШИНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2018/02/21     Д.ДАМБА-ОЧИР: ЭНЭ ХАВРААС БОДИТОЙ ТОМ ТӨСЛҮҮДИЙГ ЭХЛҮҮЛЭХЭЭР ЭДИЙН ЗАСАГ УЛАМ САЙЖИРНА WWW.DNN.MN НИЙТЭЛСЭН:2018/02/21     ГУРИЛЫН ҮНИЙГ ӨСГӨХГҮЙН ТУЛД 7.8 ТЭРБУМ ТӨГРӨГ ЗАРЦУУЛЖЭЭ WWW.GOGO.MN  НИЙТЭЛСЭН:2018/02/21     "MINING MONGOLIA 2018" ҮЗЭСГЭЛЭНД ОЛОН УЛСЫН 120 АЖ АХУЙН НЭГЖ ОРОЛЦОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/02/21    

Neil Saker: Mongolia should increase personal development investments www.montsame.mn

Ulaanbaatar /MONTSAME/ Central bank of Mongolia developed the ‘Ulaanbaatar consonance’ project to develop mid and long term policies on ensuring Mongolia’s economic growth. A discussion was organized by the Bank of Mongolia in order to include suggestions from banks and financial organizations in the project.

The project has 8 fundamental principles based on Mongolia’s features and experiences of developed countries and reflects major government actions for sustainable economic growth, said the director of Research and Statistics Department of the Bank of Mongolia, D.Gan-Ochir.

“Mongolia must conduct a proper budget policy. In other words, the Government should invest revenue from mining and other sectors in personal and infrastructure development. It is extremely important to improve human development or the people’s education. Educated people will work in multiple sectors developing multi-pillar economy. In addition, the exchange rate policy must be flexible. This will allow to overcome any exchange rate related difficulties with minimal loss. On the other hand, employment should be increased. Mongolia must have a fair multiple tax system to eliminate income difference. Generally the project presented today includes all of the above mentioned. So we’ll support the project” said the IMF Resident Representative for Mongolia, Neil Saker.

The suggestions and conclusions made by the professional organizations during the discussion will be included in the ‘Ulaanbaatar consonance’ project and submitted to decision makers.

B.Misheel



Published Date:2018-02-13