ABOUT 2013-2017 INVESTMENT PROGRAM

Ulaanbaatar, Mongolia /MONTSAME/ At a regular cabinet meeting held on Wednesday, the Minister of Finance D.Khayankhyarvaa was obliged to place in the state annual budgetary planning and clarification financial resource of capital and current expenditures to realize projects reflected in the investment program. Developing Mongolian people and providing them with friendly environment for working and living is one of the priorities of the investment program of Mongolia. It also aims to create human-friendly governance, developing the economy region-by-region and the responsible mining, to make the base of heavy industry, to promote the competitiveness of manufacturing industries and to develop the infrastructure ensuring the intensive economic growth. In addition, the budgetary planning based on the program will be co-ordinated with the investment program, and the limit of money to be allotted from the state budget will be fixed in accordance with international standards for projects to be implemented in principle of the state and private sector partnership. Some obligation were given to Ts.Dashdorj, the Minister of Road, Transportation, Construction and Urban Development to improve working cohesion of the state administrative bodies and to approve a general plan of locations of the administrative organizations in order to make the actions faster and to decentralize in these organizations. B.Khuder