EBRD’s Women in Business Programme launched

Economy
anudari@montsame.gov.mn
2022-02-21 14:50:53

Ulaanbaatar /MONTSAME/ Minister of Labour and Social Protection, head of the programme steering committee A.Ariunzaya took part in the opening ceremony of the European Bank for Reconstruction and Development (EBRD)’s Women in Business Programme (WiB) in Central Asia.


In her opening remarks, the Minister emphasized that the government of Mongolia is working towards an objective to move from welfare to work, announcing that the National Council for Employment is implementing the ‘Women's employment support program’ in 2022.


Minister A.Ariunzaya stressed the significance of implementing WiB that provides effective and equal opportunities to women through funding, consulting, and policy discussions in Mongolia with support from donors.


The programme launch took place during a meeting under the topic "How EBRD can support women-owned businesses". Co-funded by Women Entrepreneurs Finance Initiative and EBRD, WiB aims to support capacity building of women through increased economic opportunities.


EBRD is successfully implementing the programme in Kazakhstan and Tajikistan since 2015 and deems it significant to other Central Asian countries and Mongolia.


The Women in Business Programme in Central Asia plans to reach around 7,000 women-owned small and medium enterprises in Mongolia, Kyrgyzstan, Tajikistan, and Uzbekistan that all face gender- and policy-related issues in finding funding, knowhow and business opportunities.


The programme opening ceremony was attended by U.S. and British Ambassadors, EBRD Managing Director for Central Asia Zsuzsanna Hargitai, Head of EBRD in Mongolia Hannes Takacz, EBRD Managing Director for Financial Institutions Francis Malige, Head of Women Entrepreneurs Finance Initiative Secretariat, and representatives of Mongolia government and non-government organizations, non-bank financial institutions, and companies.