Prime Minister presents new revival policy of economy during the pandemic
On September 13, during the meeting ‘Intensifying economic recovery amid the pandemic’, Prime Minister Oyun-Erdene made a presentation ‘A new revival policy to stimulate economy in a pandemic era’.
On September 13, during the meeting ‘Intensifying economic recovery amid the pandemic’, Prime Minister Oyun-Erdene made a presentation ‘A new revival policy to stimulate economy in a pandemic era’. At the beginning of his presentation, the Prime Minister briefed on the current international situation of the COVID-19 pandemic, the global transport and logistics crisis and delays, and stressed an importance to protect and support the economy along with protecting health during the pandemic. A new revival policy to stimulate economy in a pandemic era aims at ensuring political and macroeconomic stability, accelerating public-private partnerships, creating a favorable business environment, improving the environment for foreign and domestic investment, as well as implementing fiscal reforms. Moreover, the PM introduced about the fiscal reform. Within this frame, the reform towards increasing the efficiency, transparency, accountability and benefits of state-owned companies will be carried out. The civil service structure will be reformed and salaries and social securities of civil servants will be improved through authorizing health, education, arts and culture and scientific organizations to spend total funding based on results, performance and quality.
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