WB will support Labor Ministry’s projects

Ulaanbaatar /MONTSAME/ Country-director of the World Bank (WB) for Mongolia Mr James Anderson visited the Ministry of Labor on Friday, heading an extended delegation with the WB branch director for East Asia and Pacific Social Security and Labor, analysts, economists and social security specialists. The delegates congratulated the new Minister G.Bayarsaikhan on his appointment and exchanged with him opinions on the Ministry’s projects, implemented in collaboration with WB. G.Bayarsaikhan appreciated the results of the joint projects. However, he said, Mongolia’s economic difficulties, caused by the metal prices decline on the global market, have resulted in a shortage of workplaces. Therefore, the Ministry wants to expand the collaboration with WB in certain areas, such as projects for unemployed young people and women heads of households. The Ministry also needs a support, in regard to the renovations in labor regulations, on improving legal environment and promoting law implementations, he said. The delegation gave G.Bayarsaikhan one of the first copies of the research book on “Social Welfare System in Mongolia” by World Bank.