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INTRODUCED PROJECT IMPLEMENTATION PROGRESS TO THE STATE SECRETARY OF THE MINISTRY OF FINANCE, PROJECT DIRECTOR MR. S. NARANTSOGT

3/6/2018

The State Secretary of the Ministry of Finance, Project Director Mr. S. Narantsogt and Advisor to the Finance Minister Mr. K. Demberel have been introduced to the current implementation progress and plan for 2018 of the two ongoing World Bank projects implemented by the Ministry of Finance “Export Development Project” and “Strengthening Fiscal and Financial Stability Project” and provided specific guidance. 

The Project Implementing Unit staff responsible for the daily implementation of these two projects have introduced the following issues. Here:

  • Guidelines and procedures to be followed by the project
  • Roles and responsibilities of the project implementing agencies
  • Project execution of 2017 and planed activities for 2018
  • Project monitoring and evaluation, results framework
  • Project reports

The State Secretary of the Ministry of Finance, Project Director Mr. S. Narantsogt and Advisor to the Finance Minister Mr. K. Demberel have provided the following recommendation. Here:

  1. Should adhere to the rules and regulations approved jointly with the World Bank;
  2. Should the project implementing entities participate the World Bank working group meeting diligently and vigilantly and should promptly address the issues and its solutions;
  3. Should monitor the project implementing entities implementation of the approved activities in a timely manner;
  4. Should become internationally recognized project team;
  5. Should support the qualified national consultants for the implementation of the consultancy service;
  6. Should solve and inform any difficulties that may arise during the implementation of the project.

PROJECT IMPLEMENTATION UNIT

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