Ulaanbaatar
Mongolia and JICA sign JPY25 billion loan agreement
Economy
Ulaanbaatar/MONTSAME/. Today, November 5, the Japan
International Cooperation Agency (JICA) signed a loan agreement with the
Government of Mongolia in Ulaanbaatar to provide a loan worth JPY25 billion
within the framework of the COVID-19 Crisis Response Emergency Support Loan.
It is budget support for the COVID-19 response being
implemented by the Government of Mongolia.
With a purpose to mitigate the adverse socio-economic impacts caused by the COVID-19, the loan will contribute to the achievement of SDGs Goals 1,3, and 8, among others, through providing support for Mongolia’s urgent measures to protect public health, stimulate the economy, support livelihoods and expand social protection.
