1 MONGOLIA QUARANTINES RUSSIAN BORDER REGION OVER BUBONIC PLAGUE SUSPICION WWW.THEMOSCOWTIMES.COM  PUBLISHED:2020/07/03      2 EBRD FINANCES FLOOD-PROTECTION MEASURES IN MONGOLIA WWW.EBRD.COM PUBLISHED:2020/07/03      3 MONGOLIA'S THE HU RAISES $19,000 FOR COVID-19 RELIEF WWW.BLABBERMOUTH.NET  PUBLISHED:2020/07/03      4 FATF REVIEWS MONGOLIA’S EFFORT ON AML/CFT WWW.MONTSAME.MN PUBLISHED:2020/07/03      5 ADB, MONGOLIA SIGN PROJECTS FOR COVID-19 SHOCK RESPONSE, ECONOMIC COOPERATION ZONE, SOLID WASTE MANAGEMENT WWW.MONTSAME.MN PUBLISHED:2020/07/03      6 MIAT BOEING MAKES EMERGENCY LANDING IN BEIJING WWW.NEWS.MN PUBLISHED:2020/07/03      7 PM U.KHURELSUKH TO CONTINUE TO LEAD MONGOLIAN GOVERNMENT WWW.NEWS.MN PUBLISHED:2020/07/03      8 U.S. HOUSE PASSES BILL TO SANCTION CHINESE BANKS OVER HONG KONG WWW.REUTERS.COM PUBLISHED:2020/07/02      9 NAADAM FESTIVAL BECOMES THE LONGEST HOLIDAY WWW.NEWS.MN PUBLISHED:2020/07/02      10 ‘FOR THE 1ST TIME IN LIVING MEMORY’: IMF EXPECTS ASIAN ECONOMY TO SHRINK AS IT DOWNGRADES FORECAST WWW.RT.COM PUBLISHED:2020/07/02      МОНГОЛ УЛСЫН 31 ДЭХ ЕРӨНХИЙ САЙДААР У.ХҮРЭЛСҮХИЙГ ТОМИЛЛОО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2020/07/02     ЗАСГИЙН ГАЗРУУДЫН ӨРИЙН ХЭМЖЭЭ НЭМЭГДЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     МОНГОЛ УЛС ФАТФ-ЫН СААРАЛ ЖАГСААЛТААС ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     АЛТНЫ ХАНШ ӨНГӨРСӨН ОНЫ МӨН ҮЕЭС 31 ХУВИАР ӨСЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     АЗИЙН ХӨГЖЛИЙН БАНКНААС 56.4 САЯ ДОЛЛАРЫН ЗЭЭЛ АВЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/07/02     ТОЛГОЙТ, ШАРХАД ДЭД ТӨВИЙГ БАЙГУУЛАХАД АХБ 43.65 САЯ АМ.ДОЛЛАРООР САНХҮҮЖҮҮЛНЭ WWW.IKON.MN  НИЙТЭЛСЭН:2020/07/02     ОРОН НУТАГТ ХОГ ХАЯГДЛЫГ ДАХИН БОЛОВСРУУЛАХАД АХБ-НААС ХОЁР САЯ АМ.ДОЛЛАРЫН БУЦАЛТГҮЙ ТУСЛАМЖ ОЛГОХООР БОЛЛОО WWW.IKON.MN НИЙТЭЛСЭН:2020/07/02     МИНИЙ МАШИН УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ДАХИН ЭХЭЛЛЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/07/02     "СҮҮ" ХК НЭМЖ 85.5 САЯ ЭНГИЙН ХУВЬЦАА АРИЛЖИНА WWW.MONTSAME.MN  НИЙТЭЛСЭН:2020/07/01     ЖДҮ-ИЙН ЗЭЭЛ АВАХ 1500 ААН ХҮСЭЛТЭЭ ИРҮҮЛЖЭЭ WWW.MONTSAME.MN  НИЙТЭЛСЭН:2020/07/01    

Additional US Government assistance to advance sustainable and inclusive growth in Mongolia www.montsame.mn

Ulaanbaatar /MONTSAME/. On October 10, the U.S. government announced the United States Agency for International Development (USAID) and the Ministry of Finance of Mongolia signed a MNT 17 billion ($6.4 million) expansion of the bilateral agreement to implement new activities in support of good governance; the rule of law; reliable, efficient and affordable energy; and sustainable, private sector-led growth in Mongolia.

“The United States is proud to stand with the government and the people of Mongolia to promote sustainable and inclusive growth,” Ambassador Michael Klecheski said. “As strategic partners that share a commitment to democracy, this enhanced partnership will deepen our cooperation to support peace, prosperity, and stability in the region.”

The new assistance from USAID will help grow and diversify Mongolia’s economy through support to small and medium enterprises (SMEs). USAID will work with government and private sector partners to create an environment conducive to the growth of SMEs, including easier access to business financing, improved corporate governance, and provision of small grants to disadvantaged enterprises.

In partnership with the Ministry of Finance, the U.S. government will also increase the people of Mongolia’s access to economical, clean, and quality energy. USAID assistance will help accelerate deployment of new and advanced technologies, including for energy efficiency; improve the performance of power utilities; and enhance private sector participation.

The U.S. government, through USAID, supports Mongolia’s continued democratic development; sustainable, inclusive economic growth; and sovereignty. Through its Leaders Advancing Democracy (LEAD) Mongolia program, USAID is helping to build the next generation of democracy champions across the country. USAID has also helped SMEs improve their access to credit and has facilitated linkages between financial institutions and 750 borrowers, multiplying their investments 20 times over and creating more than 600 new jobs.

US Embassy in Mongolia



Published Date:2019-10-10