PROJECT TO BE REALIZED IN SOUMS TO IMPROVE LIVELIHOOD



Ulaanbaatar, Mongolia /MONTSAME/ A project on Climate-Resilient Rural Livelihoods will be implemented in Mongolia to reduce poverty rate with a non-refundable aid from the Japan Foundation (JF) together with the Asian Development Bank (ADB).


An agreement on the project was signed on Wednesday by D.Khayankhyarvaa, the Minister of Finance; Robert Schoellhammer, the ADB Country Director for Mongolia; and T.Badamjunai, the Minister of Food, Agriculture and Light Industry. Present at the signing ceremony was Mr. Hiromichi Miyashita, the First Secretary of the Japan's Embassy in Mongolia.



In accordance with the agreement, the project will be realized in three soums in Bayankhongor aimag based on research works conducted by a joint working group of the Ministry of Agriculture and the ADB in 2011. 





The project's main objective is to imporve the sustainable livelihood of herdsmen in a way of improving the management of pasture and water-points, and preparation of fodder in the selected soums. In addition, some measures and training will be organized in order to give knowledge on agriculture to the herdsmen.



Since becoming a member of the ADB in 1991, Mongolia has been cooperating with the Bank in the socio-economic, energy and infrastructure sectors, and have been implementing many projects and programs. Moreover, the government of Japan has realized 12 projects in Mongolia by end of 2011 together with the ADB with USD 26.3 million.



B.Khuder

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