ID :
180955
Mon, 05/09/2011 - 16:26
Auther :
Shortlink :
http://m.oananews.org//node/180955
The shortlink copeid
S.BAYARTSOGT ATTENDS ABD'S ANNUAL MEETING
Ulaanbaatar, Mongolia, /MONTSAME/ A delegation headed by S.Bayartsogt, the Minister of Finance has attended the 44th Annual Meeting Board of Governors Asian Development Bank (ADB) held May 6 in Hanoi, Vietnam.
During the meeting, the Minister has met with Mr. Hiroshi Kodera, the vice president of the Japan International Cooperation Agency (JICA). They have discussed an issue on guidelines of the Mongolia-JICA collaboration and shared views on course of the projects that are being implemented now.
Japan plans to update its assistance program, and the Japanese side has given a report to cooperate with Mongolia in the three directions in priority. The Finance Minister has expressed a willingness to consult issues with the JICA's representatives on sophisticated spheres in frames of the basic directions.
The Mongolia's delegation has held a meeting with Kazu Sakai, Director General of ADB's Strategy and Policy Department; and K. Gerhaeusser, Director General of ADB's East Asia Department for discussing augmenting the credit rating of Mongolia and an opportunity of financing Mongolia with an ordinary source of the ADB.
If Mongolia gains an opportunity to get financing from the ADB's ordinary source, the biggest projects on infrastructure would be realized. A strategic document is being drawn up on cooperation between Mongolia's government and the ADB until 2015. Thus, the credit rating of Mongolia and a matter on financial source are important to finally establish the strategic document.
Mr. Sakai has reported that the ADB's Board of Governors is working with an effort to augment the Mongolia's credit rating within this year.
The Mongolia's delegation and Mr. Gerhaeusser have shared views on implementation and course of the projects realized in Mongolia with the ADB's financing.
Moreover, the Finance Minister has met with Hiroshi Watanabe, the president of the Japan Bank for International Cooperation (JBIC). S.Bayartsogt has received a briefing about a present activities and structure of the JBIC, and then introduced to Mr. Watanabe a reform and policy of Mongolia. They also have exchanged views on an opportunity to finance the biggest projects and programs with a great importance to development of Mongolia. The ADB's side has expressed a willingness to collaborate with Mongolia in these matters.
B.Khuder
During the meeting, the Minister has met with Mr. Hiroshi Kodera, the vice president of the Japan International Cooperation Agency (JICA). They have discussed an issue on guidelines of the Mongolia-JICA collaboration and shared views on course of the projects that are being implemented now.
Japan plans to update its assistance program, and the Japanese side has given a report to cooperate with Mongolia in the three directions in priority. The Finance Minister has expressed a willingness to consult issues with the JICA's representatives on sophisticated spheres in frames of the basic directions.
The Mongolia's delegation has held a meeting with Kazu Sakai, Director General of ADB's Strategy and Policy Department; and K. Gerhaeusser, Director General of ADB's East Asia Department for discussing augmenting the credit rating of Mongolia and an opportunity of financing Mongolia with an ordinary source of the ADB.
If Mongolia gains an opportunity to get financing from the ADB's ordinary source, the biggest projects on infrastructure would be realized. A strategic document is being drawn up on cooperation between Mongolia's government and the ADB until 2015. Thus, the credit rating of Mongolia and a matter on financial source are important to finally establish the strategic document.
Mr. Sakai has reported that the ADB's Board of Governors is working with an effort to augment the Mongolia's credit rating within this year.
The Mongolia's delegation and Mr. Gerhaeusser have shared views on implementation and course of the projects realized in Mongolia with the ADB's financing.
Moreover, the Finance Minister has met with Hiroshi Watanabe, the president of the Japan Bank for International Cooperation (JBIC). S.Bayartsogt has received a briefing about a present activities and structure of the JBIC, and then introduced to Mr. Watanabe a reform and policy of Mongolia. They also have exchanged views on an opportunity to finance the biggest projects and programs with a great importance to development of Mongolia. The ADB's side has expressed a willingness to collaborate with Mongolia in these matters.
B.Khuder
