The first panel on the current economy and the Action Plan by the Government for the next four years has finished. 
Panelists: N.Enkhbayar, Economic Advisor to the Prime Minister, Ch.Khaschuluun, CEO of Mongolia Oil Shale Association, Terrence Ortslan, Manging director, TSO & Associates, Bill Bikales. CEO, Bikales Advisors, A.Undraa, Parliament member.
The panel was moderated by Graeme Knowd, Managing Director, Moody`s Investors Service.
Foreign panelists attending the Invest Mongolia international conference blamed DP and MPP for economic crisis faced by the country. 
They considered that economy worsened due to the wrong competition between the ruling parties. Instead competing each other to win the election, DP and MPP should have helped each other to tackle the economic downturn. Now the Government should seek long-term measurement to overcome crisis. 
In other words, it is better to choose a way to stabilize the economy for long-period. 
MP A.Undraa noted that Oyu Tolgoi LLC gives us opportunity to learn automation and robotation. I see optimistic future with economy but we need to be aware. 
Panelists expressed their hope for economic policies of Government action plan, which will be submitted to the autumn session of State Great Khural. They hope that the Government will submit brief and complex policy, covers all sectors. 
Compared to the previous years, both foreign and domestic representatives are attending the conference. Next panel on Mongolian banking industry and Bank strategies is scheduled at 2:20PM.

Published Date:2016-09-05