Signing of Japanese ODA Loan Agreement with Mongolia: Contributing to COVID-19 crisis response in Mongolia through providing budgetary support www.jica.go.jp
On Nov. 5, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of Mongolia in Ulaanbaatar to provide a Japanese ODA loan of up to 25 billion yen for the COVID-19 Crisis Response Emergency Support Loan.
The objective of the program is to contain COVID-19 and mitigate its adverse socioeconomic impacts in Mongolia, implementing emergency response measures for the health, economic and social sector, by extending budget support to the Government of Mongolia and thereby contributing to promoting the economic stabilization and development efforts of Mongolia. This program will contribute to the achievement of SDGs Goals 1, 3 and 8 among others.
Published Date:2020-11-06