Consolidating Mongolia Budgets Is Priority No. 1, Minister Says

  • Multiple budgets contributed to overspending in Mongolia
  • IMF may be part of solution to help debt-wracked economy

World Bank Warns on Mongolian Debt

Priority No. 1 for the newly elected government in Mongolia is consolidating all off-budget expenses into one budget to enhance transparency, said Munkh-Orgil Tsend, the country’s foreign minister.

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