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HomeEconomy13,000 Mongolians to Benefit From World Bank Digital Economy Project

13,000 Mongolians to Benefit From World Bank Digital Economy Project

The World Bank approved on June 6 a credit of $40.7 million for a digital economy project in Mongolia that would help to provide skills and literacy training to 13,000 civil servants and citizens.

The goal of the Smart Government II Project is to help Mongolia improve online public services to citizens and businesses, boost digital skills training, and increase digital-enabled jobs, the bank said in a statement.

It’s the second digital economy program undertaken by the World Bank in Mongolia. The first project, for which $19.4 million in credit was granted, contributed to the country’s public sector transformation and online service delivery.

Under the new project, 3,000 new digital jobs will be created for youth and women in Mongolia and 2,000 businesses will be digitalized.

The World Bank also aims to improve the nation’s legal and regulatory environment for building digital trust and cybersecurity.

In December 2021, the Mongolian…

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