State policy on science and technology to be approved

Politics
e.altanzul@montsame.gov.mn
2017-09-25 11:29:16

Ulaanbaatar /MONTSAME/ A state policy on science and technology was adopted at the Cabinet Meeting on September 22. Measures within the policy will be reflected in the annual General Guidelines for Development and will be implemented with financing of the state and local budgets, loans, donations and aid from international organizations.
 
The policy sets goals to fully use intellectual and material resources in the scientific and technological sectors and to ensure creative and complex activities. Objectives are included in the policy to ensure the sustainable development and security, to increase the competitiveness and to boost knowledge-based economic sectors as well.
 
The policy will be realized in two phases in 2017-2020 and 2021-2025. In the first phase, works will be done to refine upon the scientific and technological policy, its legal landscape and management. Other measures will be taken to improve the infrastructure, to augment the financing and to construct infrastructure for a scientific park.
 
The second phase focuses on increasing the GDP percentage for scientific and technological spheres, boosting the sectors’ capacity and competiveness and developing it as one of the fundamentals of economic development.

E.Altanzul

 

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