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ADB approves loans for second phase of public sector reforms in Mongolia.
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M2 Presswire
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October 14, 2003
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Copyright informationCOPYRIGHT 2003 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-14 October 2003-ADB: ADB approves loans for second phase of public sector reforms in Mongolia(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:10142003
MANILA, PHILIPPINES - The Asian Development Bank (ADB) will begin the second phase of a program to enhance Mongolia's public sector accountability and efficiency with the help of a loan package totaling US$15.5 million equivalent approved today.
The program will support the implementation of public sector administrative and financial management reforms started under ADB's Governance Reform Program (GRP), which was funded by a $25 million equivalent loan approved in December 1999.
Under the GRP, a 10-year ...
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