• Home
  • President
    • President KHURELSUKH Ukhnaa
    • President’s Full Powers
  • Office of the President
    • Head of the Office
    • Advisors to the President of Mongolia
  • News
  • Contact us
2025/07/26
  • MN
  • MNG
President of Mongolia
  • Home
  • President
    • President KHURELSUKH Ukhnaa
    • President’s Full Powers
  • Office of the President
    • Head of the Office
    • Advisors to the President of Mongolia
  • News
  • Contact us

MEETING WITH LEADER OF IMF STAFF TEAM KOSHY MATHAI AND RESIDENT REPRESENTATIVE NEIL SAKER

thumbnail viewNewsPhotoviewNewsPhoto
2017/08/02 2:15:00
MEETING WITH LEADER OF IMF STAFF TEAM KOSHY MATHAI AND RESIDENT REPRESENTATIVE NEIL SAKER

On August 2, the President of Mongolia Khaltmaagiin Battulga welcomed Koshy Mathai, Leader of the International Monetary Fund’s /IMF/ staff team in Mongolia, and Neil Saker, Resident Representative of the IMF to Mongolia.

They discussed Mongolia’s recent economic situation and projects implemented by the IMF.

Leader of the IMF’s staff team Koshy Mathai made a brief introduction about the agreement between the Government of Mongolia and IMF, and reminded Mongolians not to calm down, it is might be temporary economic growth.

In response, President Battulga noted: “I would like to ask whether the IMF made economic evaluation in Mongolia. The IMF should have gave advice to the Government of Mongolia on producing value added goods, avoiding economic dependence, and enhancing economic cooperation with the third trade partner. I do not regard the increase of coal price in the global stock market as an economic achievement. Because, commodity price rise is temporary, our country will prosper only if we export value added products. Once again, I would like to request the IMF to express its stance on this issue.

Children Money Program is not only welfare expenditure it is a policy of Mongolia to increase its population. The IMF refused commercial banks to regard livestock as credit collateral. Livestock is main asset for our people. The IMF’s financing package of 5.5 billion USD is not too much money for Mongolia, if we lay a solid foundation for stable economy”.

FEATURED

  • 2025/07/24 11:29:02Mongolia and Tajikistan Sign Documents on Relations and Cooperation
  • 2025/07/24 11:25:57President of Mongolia Holds Official Talks with President of the Republic of Tajikistan
  • 2025/07/24 3:03:14President of Mongolia Officially Welcomed in the Republic of Tajikistan
  • 2025/07/24 2:30:47President of Mongolia Begins State Visit to the Republic of Tajikistan
  • 2025/07/24 2:01:22State Visit of President Khurelsukh Ukhnaa to the Kyrgyz Republic Concludes
  • 2025/07/22 11:18:30President of Mongolia Meets with Chairman of the Cabinet of Ministers of the Kyrgyz Republic
  • 2025/07/22 11:13:15President of Mongolia Meets with Speaker of Parliament of the Kyrgyz Republic
  • 2025/07/22 10:57:05Mongolia and the Kyrgyz Republic Establish a Comprehensive Partnership
  • 2025/07/22 10:53:11President of Mongolia and President of the Kyrgyz Hold Official Talks
  • 2025/07/22 10:48:15President of the Kyrgyz Republic Officially Welcomes President of Mongolia

GALLERY

thumbnail 523499201_30854473140833232_5774367500708902527_n (1)
523499201_30854473140833232_5774367500708902527_n (1)
2025/07/24 11:29:02Mongolia and Tajikistan Sign Documents on Relations and Cooperation
thumbnail received_2266961917088442
received_2266961917088442
2025/07/24 11:25:57President of Mongolia Holds Official Talks with President of the Republic of Tajikistan
thumbnail received_691719990565941
received_691719990565941
2025/07/24 3:03:14President of Mongolia Officially Welcomed in the Republic of Tajikistan
thumbnail 6881cde00d557
6881cde00d557
2025/07/24 2:30:47President of Mongolia Begins State Visit to the Republic of Tajikistan
thumbnail received_4274592092816926
received_4274592092816926
2025/07/24 2:01:22State Visit of President Khurelsukh Ukhnaa to the Kyrgyz Republic Concludes
  • Home
  • President KHURELSUKH Ukhnaa
  • President’s full powers
  • Head of the Office
  • Contact us
Copyright © 2018