VIII. The Mobilisation of Financial Resources
- With a view to providing the financial
resources needed for sector expansion and rehabilitation, investment and financing
policies and plans for the sector need to be established.
- The operating companies should have
cost based, balanced and flexible tariffing system and relevent regulation
shall conducted. They must strive to become financially self-sufficient
through setting its pricing strategy, and eventually be able to recover its
capital investment and operational costs.
- Telecommunication basic network will
be modernised and its service quality and coverage will be improved by privatising
Mongolia Telecom and introducing foreign investments
- Private sector participation shall be
encouraged by issuing licenses to expand the basic network and introduce new
services.
- The Government should consider, as a
matter of social policy, the possibility of providing the financial support
necessary to introduce service in un-served and unprofitable areas.
- The foreign and international financial
institutions soft loans shall be allocated to those projects which have reasonable
return on investment and which are aimed at modernising the network with the
most efficient design and technology.