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Mongolia - Country assistance strategy


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Document Date: 2004/04/05
Document Type: Country Assistance Strategy Document
Report Number: 28419
Volume No: 1 of 1
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Abstract

Mongolia faces considerable challenges in achieving the objectives of the Economic Growth Support and Poverty Reduction Strategy (EGSPRS), where capacities for public sector management, and service delivery are not aligned with the overall strategy, and, the vulnerabilities to climatic and terms-of-trade shocks continue. It is in this context of opportunities, and risks that this four-year (FY05-FY08) Bank Country Assistance Strategy (CAS) is presented, aimed at ensuring macroeconomic stability and public sector effectiveness, supporting production and exports, and improving the environment for private-sector-led development; enhancing regional, rural development, and environmentally sustainable development; promoting good governance, and implementing and monitoring the strategy. The focus now is on building capacities for implementation and enforcement. The CAS is broadly aligned with the EGSPRS, and would directly support a selected subset of the EGSPRS priorities, reflecting key development areas where the Bank has a comparative advantage.The new CAS, builds on the evolution of Bank assistance in recent years, when lending to Mongolia represented about 11 percent of the country's overall Official Development Assistance (ODA) flows, implying the need to be selective, and to complement and enhance other donor efforts. This CAS proposed assistance, focuses on three objectives with the following expected outcomes: 1) consolidating the economic transition through institutional
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