At the intergovernmental negotiation of Mongolia and the Federal Republic of Germany held in April, 2008 in Bonn city,
the German Government has decided to grant soft loan and non-refundable aid as total amount of 23.7 million euros to Mongolia.
A ceremony will take place today on financing a project of two directions with nine million euros of this intergovernmental negotiation for the financial cooperation between the two countries.
This property is a project for enhancing food supply of urban population, for developing infrastructure, and for establishing a purification plant in Yarmag and Nisekh.
The event for signing will hold at the Ministry of Finance and will bring together an Ambassador Extraordinary and Plenipotentiary from the FRG in Mongolia Pius Fischer, a MP and Minister of Finance S.Bayartsogt, and a Representative of the German Bank for Reconstruction and Development Dr. A.Battushig.
the German Government has decided to grant soft loan and non-refundable aid as total amount of 23.7 million euros to Mongolia.
A ceremony will take place today on financing a project of two directions with nine million euros of this intergovernmental negotiation for the financial cooperation between the two countries.
This property is a project for enhancing food supply of urban population, for developing infrastructure, and for establishing a purification plant in Yarmag and Nisekh.
The event for signing will hold at the Ministry of Finance and will bring together an Ambassador Extraordinary and Plenipotentiary from the FRG in Mongolia Pius Fischer, a MP and Minister of Finance S.Bayartsogt, and a Representative of the German Bank for Reconstruction and Development Dr. A.Battushig.
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