AKIPRESS.COM - On March 9, Prime Minister of Mongolia Luvsannamsrai Oyun-Erdene met with Andrei Mikhnev, World Bank's Country Manager for Mongolia.

At the meeting, PM Oyun-Erdene said that the World Bank has provided loans and grant assistance worth USD 1.3 billion to Mongolia in the past three decades, contributing immensely to maintain sustainable social and economic development and expressed gratitude for coordinating the Country Partnership Framework for 2021 to 2025 with Mongolia’s development policy and programs. Then, he mentioned that World Bank’s immediate financial assistance for Mongolia's fight against the pandemic has been of great importance, Montsame reports.

In turn, Mr. Andrei Mikhnev noted that the World Bank will remain committed to coordinate its actions in Mongolia with the government’s MNT 10 trillion economic recovery and health protection plan and Vision – 2050 and to cooperate with Mongolia in economic diversification, digital transition, transparency, good governance and COVID-19 vaccine supply.