Mongolia among world's fastest developing countries: president

UNITED NATIONS, Sept. 26 (Xinhua) -- Mongolian President Elbegdorj Tsakhia said Thursday that his country is among the world's fastest developing economies with double digit percentage growth.

The president, addressing the General Debate of the UN General Debate, said, "We are fortunate to have abundant natural resources which offer great growth prospects and a unique opportunity for economic development and social progress."

"Mongolia has achieved many development goals in areas such as universal primary education, reducing child mortality and improving maternal health," he said, adding its national report on Millennium Development Goals (MDGs), a set of eight anti-poverty targets to be reached by its deadline of 2015, suggests that more still need to be done.

"To reach our development goals, the government is working closely with all national stakeholders, including political parties, the private sector, research institutions, civil society and media," Tsakhia said.

Over 70 million people worldwide join the middle class annually. According to the president, the MDGs have improved the lives of billions of people. "The world has reached poverty reduction targets -- in some places, even ahead of the proscribed deadline."

"Rather than seeing 2015 as the end, we should view it as a beginning of new era," he said. "In this era, we should build on our successes, attend to gaps and meet emerging challenges."

Talking about challenges ahead, he said over 200 million people are jobless, over 50 million children are not in school; and one out of eight of our fellow citizens still go hungry, whereas over 900 billion U.S. dollars are earmarked for military expenditures every year.

"Only a fraction of that (military expenditure) is spent on healthcare and education. Such a state of affairs should not be tolerated," he stressed.

Editor: Mu Xuequan

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