According to ADB website, the ADB is working with Mongolia to improve access to finance for small and medium sized enterprises—which make up over 90% of all registered businesses in the country. The project is providing new financing guarantee products for the Credit Guarantee Fund of Mongolia, making it easier for smaller businesses to source long-term funds from banks. The impact of the project will be Job creation in nonmining-related sectors increased (SME Development Program, 2014 2016).
Project Officer: Giannetto, Giacomo G.
East Asia Department
No contact information provided at the time of disclosure.
Executing Agency: Ministry of Finance
Email Address: ANUDARI@MOF.PMIS.GOV.MN
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ACCOUNTABILITY MECHANISM OF ADB
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