The Projects with Low Significance Will No Longer Be Implemented

The inaugural conference on collaboration among partner organizations in the family, labour, and social protection sector was held, bringing together representatives from Mongolian government ministries, embassies of 15 countries-including the United States, South Korea, China, the United Kingdom, Germany, Japan, Hungary, Turkey, France, and Canada-as well as the European Union, the United Nations and its specialized agencies, international organizations, the World Bank, and the Asian Development Bank.

 

During the meeting, Minister L. Enkh-Amgalan outlined the projects planned under the Mongolian Government’s 2024–2028 Action Program for the family, labour, and social protection sector. He emphasized the importance of reviewing past project implementations and results, stating, “Low-priority projects will no longer be implemented. It is crucial that we move away from depending solely on donations and grants from international organizations and instead utilize productive loans to implement our policies effectively.”

 

Additionally, the Minister presented proposals to enhance access to mortgage loans through the Central Provident Fund, focusing on target groups such as public servants in rural areas, large families, and young families. The aim is to implement income-compatible housing programs that promote sustainable housing solutions.

 

The meeting also included discussions on pension reforms, restructuring social welfare policies, balancing labour market supply and demand, supporting vocational education, creating a unified database utilizing big data, and leveraging artificial intelligence for improved planning and decision-making processes.