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VIRTUAL DISCUSSION ORGANIZED AMONG THE PROJECT STAKEHOLDERS

5/5/2020

The Project Implementation Unit successfully organized a virtual discussion on neutralizing negative impacts of COVID-19 pandemic to the project activities on May 5th, 2020 requested by the World Bank. The event was chaired by Ms. Caroline Vaira, the WB TTL; and the key stakeholders including the WB Country Office staff, the PIU staff, and the coordinating consultants participated for virtual communication in real time.

The discussions included:

  •  A brief update on the progress of the project (disbursement rates for each component, approved procurement plan, mid-term reports, and outcomes as of the first quarter of 2020);
  • Discussion and forecasting on possible changes to the training plan, and suggestions from implementing agencies;
  • Discussion on the need to amend the project Work Plan in coherence with the restrictions and other measures related to the Covid-19 outbreak, and possible supports of the SFFSP to the Government in ensuring the economic and financial stability;

In connection with the current situation, the direction given by the State Secretary S.Narantsogt on the organization of the project implementation activities and other necessary information was presented to the management of the implementing agencies and the World Bank.

Furthermore, the coordinating consultants presented on the implementation progress of the project as of the first quarter of 2020 to the World Bank component experts, and exchanged information and recommendations.

The World Bank expressed its support for any initiative that meets the objectives of the project to ensure the Government's economic and financial stability during the pandemic and provided specific recommendations.

They also emphasized the importance of organizing Virtual discussions in time of need.

 

PROJECT IMPLEMENTATION UNIT

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