Memorandum of Understanding Signed to Implement the National Productivity Master Plan

The Ministry of Family, Labour and Social Protection of Mongolia has signed a Memorandum of Understanding (MoU) with the Development Research Centre Berhad of Malaysia and the Mongolia Productivity Centre to cooperate on the implementation of the National Productivity Master Plan.

Under the MoU, the parties will work together to conduct research, strengthen capacity, develop policies, and share knowledge in alignment with the National Productivity Master Plan, in support of policy objectives aimed at enhancing Mongolia’s national productivity and competitiveness.

Cooperation will focus on the following four key areas:

1.      Conducting research in strategically important sectors and areas that contribute to the implementation of Mongolia’s National Productivity Master Plan and support productivity growth;

2.      Developing policy recommendations, based on research findings, to address economic challenges and enhance Mongolia’s competitiveness;

3.      Organizing capacity-building and skills development training for staff of the Ministry of Family, Labour and Social Protection and the Mongolia Productivity Centre within the framework of monitoring and evaluation models, including data processing, analysis, and economic modelling;

4.      Producing joint publications and materials on trends and reforms in the economy, productivity, and the labour market.

The MoU was signed by B. Alimaa, Director of the Labour Relations and Employment Policy Department, on behalf of the Ministry of Family, Labour and Social Protection; Dr. Mohd Yusof Saari, Senior Economist, on behalf of the Development Research Centre Berhad of Malaysia; and Ya. Erkhembayar, Executive Director, on behalf of the Mongolia Productivity Centre.