Memorandum of Cooperation Signed by Finance Ministries of Russia and Mongolia

© Минфин России / тг-канал

Today, the Ministries of Finance of the Russian Federation and Mongolia signed a memorandum of cooperation. According to the Russian ministry, negotiations took place in Moscow between Ministers Anton Siluanov and Boldyn Javkhlant.

It is noted that this agreement will serve as a basis for exchanging experience and developing cooperation on a number of topical issues. These include the digitalization of the budget process, implementation of artificial intelligence technologies in managing state finances, and other new tools in financial markets.

"Russia has accumulated rich experience in managing state finances. We are ready for mutual exchange of best practices. With a number of partner countries, this work has already been established. We will be glad to such cooperation with Mongolia," commented Anton Siluanov.