|

USA to invest additional 5.1 million USD in Mongolia

By M.ZOLJARGAL

Yesterday, Minister of Economic Development N.Batbayar, and U.S. Ambassador to Mongolia Piper Anne Wind Campbell, signed an amendment for bilateral cooperation between the U.S. and Mongolia. As a result, 5.1 million USD will be provided as additional financing for Mongolia and used for projects to improve government responsibilities, strengthen civil society, and accelerate the efficiency of reform projects nationwide.

Ambassador Piper Campbell said, “Development support from the U.S. Government to Mongolia has been rising year by year. The government officials of the two countries signed a bilateral transparency agreement last weekend in New York, which symbolizes our continued strengthening ties.”

Since 1991, the U.S. Government has provided around 230 million USD grant-in-aid to Mongolia via international development agencies.

 

Short URL: http://ubpost.mongolnews.mn/?p=6204

Posted by on Oct 1 2013. Filed under Domestic. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Comments are closed

Recently Commented

  • Andreas Goretzky: are there any figures? meaning loans / credits and their payback rates compared to GDP?
  • Ichiro Suzuki: Pretty sure Orchlon is more expensive than ASU.
  • Harrison Field: I have just spent two wonderful years in Mongolia. I am however saddened by the political turmoil and the inability of...
  • Robert: This isn’t about a quality education. Mongolian families desperately want to put their children in an environment where...
  • M: Keep up your good work UBpost! Thank you very much for keeping us up with very decent articles everyday. has been reading your posts...