Ulaanbaatar
German Sparkassenstiftung Mongolia donates minibus to support financial literacy project
Economy
Ulaanbaatar /MONTSAME/. The Bank of Mongolia has been successfully implementing the ‘Public Financial Literacy Program’ in cooperation with government and nongovernment organizations since 2016.
With the purpose of the ensuring the effective implementation of the program, the Bank of Mongolia and the German Sparkassenstiftung for International Cooperation signed a gift agreement on April 2 to donate a minibus and equipment to Mongolia for supporting the organization of financial literacy training for people living in rural and remote areas of the country.
The agreement, established on the occasion of the ‘Global Money Week 2021’ campaign, was attended by Ambassador of the Federal Republic of Germany to Mongolia Jorn Rosenberg, Deputy Governor of the Bank of Mongolia G. Enkhtaivan and Sparkassenstiftung Mongolia’s Country Representative Markus Loch.
The donation of the minibus and training equipment is expected to contribute to promoting financial education and information for the public, especially for rural children and young people, making financial education and information even more accessible.
