SPEAKER MEETS WB REGIONAL VICE PRESIDENT

Ulaanbaatar /MONTSAME/ The Speaker of parliament Z.Enkhbold Wednesday received visiting Mr Axel van Trotsenburg, the World Bank East Asia and Pacific Regional Vice President. The sides exchanged views on the present budget of Mongolia and on projects and programmes to be implemented by the WB in Mongolia. Mr Trotsenburg said he is here to share with related people his opinions on resolving urgent problems facing a development of our country and on possible support from the WB. The Speaker said it is possible now to realize the "Sustainable livelihood-3" project under a soft loan from the WB, adding that other projects are very likely to be realized because the new cabinet has been formed. He also noted that parliament is to discuss a bill on debt management this year, and emphasized that a general understanding about international financial terms will be introduced in the country.