On April 12, the Prime Minister of Mongolia, L. Oyun-Erdene, delivered a speech at the 8th Congress of Teachers, highlighting the government’s New Recovery Reform. He began by outlining the policies and measures undertaken by the government, as well as the current social and economic landscape in Mongolia. The Prime Minister emphasized the government’s efforts in addressing coal theft, trading coal on the stock exchange, combating corruption, and advancing digitization, all of which have yielded positive economic outcomes.
He noted that Mongolia’s GDP increased from 53.9 trillion MNT in 2022 to 68.9 trillion MNT in 2023, with export income rising from 12.5 billion USD to 15.2 billion USD in the same period. Additionally, foreign exchange reserves reached a historic high of 5 billion USD, and the government successfully paid off 13.3 trillion MNT in foreign loans.
Furthermore, Prime Minister L. Oyun-Erdene underscored the government’s commitment to enhancing the teacher training system as a pivotal aspect of education sector reforms. Starting this academic year, the government will fully cover tuition fees for students meeting specific criteria pursuing a bachelor’s degree in education to become teachers. Additionally, teachers meeting prescribed work and skill requirements and pursuing a master’s degree locally will have their tuition fees fully subsidized by the government. Children of teachers with over 15 years of experience studying in high-demand fields will also receive full tuition fee coverage from the government.
At the congress, Prime Minister L. Oyun-Erdene awarded scholarships to both teachers and students, recognizing their significant contributions to the education sector. He also highlighted the government’s achievements in expanding educational infrastructure nationwide since 2020, including the establishment of 197 new schools and 285 kindergartens, resulting in a 93 percent kindergarten enrollment rate.