Mongolia will improve its online public services for citizens and businesses, boost digital skills training, and increase digital-enabled jobs with a sizable credit from the World Bank.

A statement by the bank on Tuesday said the $40.7 million credit aims to improve Mongolia’s legal and regulatory environment for building trust and cybersecurity in the use of digital technologies, through the Smart Government II Project.

It added that the project is also expected to enable the development of public services, shared use of cloud computing and cybersecurity services in the public sector.

“For the digital economy, the project will provide skills and literacy training to 13,000 civil servants and citizens and create 3,000 new digital jobs for youth and women.

“It will help digitalise 2,000 small and medium enterprises (SMEs) to improve their competitiveness and resilience in the global economy.”

Andrei Mikhnev, World Bank country manager for Mongolia, said it is important that all Mongolian citizens and businesses be able to benefit from the global digital transformation and their country’s digital development efforts.

“It will help SMEs, especially those owned or led by women, increase their competitiveness in the global digital market and build their resilience for future crises,” he said.

(Xinhua/NAN)