STANDING COMMITTEE HEAD MEETS WB PERMANENT REPRESENTATIVE

Ulaanbaatar /MONTSAME/ Head of the parliamentary Standing committee on budget Ts.Davaasuren MP Wednesday received Mr James Anderson, the Permanent Representative of the World Bank (WB) to Mongolia. Beginning the meeting, Mr Anderson thanked the Standing committee head for an audience, and introduced himself to Mr Davaasuren. Mr Anderson said he was appointed as the WB Permanent Representative to Mongolia two months ago, and then asked the Standing committee head to head some information about the economic situation and budget of Mongolia. Mr Davaasaren expressed his satisfaction with the WB decision on appointing Mr Anderson who has big working experience in Mongolia. He emphasized that the national economy of Mongolia has experienced many changed since 1990s, for example, the present national economy has increased by 16-18 times, and the investment of state budget rose by 40% against 2000. They also touched upon issues of processing and exporting of mining products, the agricultural and educational sectors. Present at the meeting were Taehun Lee, a chief economist of the WB; Sh.Altantsetseg, an economist; G.Narantuya, an expert at the Standing committee on budget; and other officials.