On March 22, a draft of amendments to be made to the laws on deposit insurance at banking institutions, the nation's commercial banks, and the Bank of Mongolia were submitted to the central bank's officials.
Speaker of Parliament M. Enkhbold, who participated in the event, noted that it is important to continue focusing state policies on macro-economic reforms and banking sector structural changes, as set in the IMF's extended fund facility program. M. Enkhbold said, “Conducting comprehensive research on thematic issues and the entire sector, and providing policy advisement to Parliament and Cabinet should be prioritized.”
On March 22, a draft of amendments to be made to the laws on deposit insurance at banking institutions, the nation's commercial banks, and the Bank of Mongolia were submitted to the central bank's officials.
Speaker of Parliament M. Enkhbold, who participated in the event, noted that it is important to continue focusing state policies on macro-economic reforms and banking sector structural changes, as set in the IMF's extended fund facility program. M. Enkhbold said, “Conducting comprehensive research on thematic issues and the entire sector, and providing policy advisement to Parliament and Cabinet should be prioritized.”