| World Bank credit for improving statistical system |
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The World Bank has approved an investment credit of USD2 million for a multilateral 5-year project to strengthen the national statistical system of Mongolia. The project aims to improve the efficiency and effectiveness of the system so that it can provide relevant, timely, and reliable data for evidence-based policy-making in support of the Government of Mongolia’s MDG-based National Development Strategy (NDS).The other donors are South Korea with USD0.7 million and the Trust Fund for Statistical Capacity Building, with USD0.4 million. The Turkish International Cooperation Agency will support the project through in-kind contributions. The Mongolian National Statistics Office will be the main executing agency of the project and will be responsible for its overall management and implementation. ”This project is part of the Bank’s ongoing efforts to support the government in implementing ‘second generation’ reforms in terms of strengthening the national statistical system to produce reliable, timely and quality data for monitoring of key poverty and development indicators,” said Mr. Arshad Sayed, Country Manager and Resident Representative for the World Bank in Mongolia. The project will reduce the cost of information supply, increase demand, and make coordination of statistical activities, financing, and execution more effective. It will also help statistical agencies in line ministries through improved institutional interaction.
Source: www.news.mn
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